ExaminerApply Job ID: R-021936 Date posted: 05/17/2022 Primary Location NY-Remote Other Locations CT-Remote , DE-Remote , MA-Remote ,ME-Remote
Are you a team player with a growth mindset? Are you interested in working in meaningful projects? Do you want to work with cutting-edge technology? Are you interested in being part of a team that is working to transform and do things differently? If so, LPL Financial is the place for you!
LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader* in the markets we serve, supporting more than 18,000 financial advisors, 800 institution-based investment programs and 450 independent RIA firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to personalized guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients.
The Examiner position is responsible for independently conducting announced and unannounced inspections of assigned LPL Financial branch offices. The branch exams are focused on the sales practices of each individual advisor and the books and records requirements of each office to ensure adherence to compliance with all applicable regulations. The examiner will consult with branch managers, advisors and support staff and provide direction on maintaining branch offices in accordance with federal and state regulations, FINRA and other SRO regulations and LPL Financial policies and procedures. This is a remote, home-based position.
Responsible for independently performing all functions of branch exams, including thorough evaluation of branch activities to assess/monitor compliance with company policies and procedures as well as applicable federal and state laws and regulations
Conduct virtual consultations with branch manager, advisors and support staff.
Prepare audit letter based on deficiencies identified during branch exam and provide instructions, both verbally and in writing, to correct deficiencies and operate an office that is in compliance with all regulations. Branch exam deficiencies and investigative findings are reported to branch managers and all levels of management.
Accountable for planning and preparation of pre-audit material, scheduling of exams, travel arrangements and managing associated expenses.
Other Job Duties:
Test computers for compliance with specific security standards and conduct investigative reviews of computer content. Act as internal business partner to other business units, including relationship managers and designated principals, to address issues and provide feedback. Confidently present and articulate the work performed during branch exams during arbitration matters, to regulators and others. Remain current with FINRA and state regulatory issues as well as the company’s own written compliance policies and procedures. Participate in groups and/or committees for special projects to enhance audit processes and broader firm initiatives.
Minimum Education Required: Bachelors Degree or equivalent industry experience required.
Minimum Experience Required: 5+ years industry experience, preferably auditing and/or compliance experience.
Licenses/Certifications Preferred: Series 7, 24 and 63. Additional licenses are a plus.
Proficient in Microsoft applications.
Technical skills sufficient to test computers for security and controls of Windows and other applications and conduct investigative review of computer content.
Some travel may be required
Professional demeanor to represent LPL in a client facing role and across all levels within and outside the organization.
Must be detail oriented, have an inquisitive nature, strong organization skills and time management skills with the ability to meet deadlines in a fast paced environment.
Demonstrated ability to perform investigative, analytical and interviewing functions and clearly document work performed.
Superior written and verbal communication skills.
Proven ability to work independently, self-motivate and work in a remote environment.
Strong working knowledge of regulatory rules and LPL Financial policies and procedures.
At LPL, we believe that objective financial guidance is a fundamental need for everyone. As the nation’s leading independent broker-dealer, we offer an integrated platform of proprietary technology, brokerage, and investment advisor services. We provide you with a work environment that encourages your creativity and growth, a leadership team that is supportive and responsive, and the opportunity to create a career that has no limits, only amazing potential.
We are one team on one mission. We take care of our advisors, so they can take care of their clients.
Because our company is not too big and not too small, you can seize the opportunity to make a real impact. We are committed to supporting workplace equality, and we embrace the different perspectives and backgrounds of our employees.We also care for our communities, and we encourage our employees to do the same. This creates an environment in which you can do your best work.
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Join the LPL team and help us make a difference by turning life’s aspirations into financial realities. Please log in or create an account to apply to this position. Principals only. EOE.
Information on Interviews:
LPL will only communicate with a job applicant directly from an @lplfinancial.com email address and will never conduct an interview online or in a chatroom forum. During an interview, LPL will not request any form of payment from the applicant, or information regarding an applicant’s bank or credit card. Should you have any questions regarding the application process, please contact LPL’s Human Resources Solutions Center at (800) 877-7210.