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Mutual Fund Trader (Series 7 & 63 Req)

Job ID: R-005385 Date posted: 10/11/2019 Primary Location CA-San Diego Other Locations SC-Fort Mill

Mutual Fund Trader

Discover your opportunity with LPL Financial, a leader in the retail financial advice market and the nation’s largest independent broker/dealer with over 15,000 financial advisors and over 4000 corporate employees where we respect and appreciate the diversity of our employees, our clients, and the communities we serve.

Joining our team as an Mutual Fund Trader will allow you to provide trading support to our financial advisors by offering an extraordinary quality service experience. Our trading team’s main priority is to create a reliable support system for our clients so they can easily grow their practice. Being flexible and adaptable to competing priorities will be key success factors for this position.

The Mutual Fund Trader will work in a call center environment taking approximately 50-70 inbound calls per day from Financial Advisors, their assistants, and their clients. Traders will make outbound calls to Advisors regarding trades and trade corrections for Mutual Funds, UIT’s and Precious Metals. Traders must be able to understand multiple products and the risks, fees, and differences between the products. Traders must also understand and be able to explain the regulatory requirements and LPL Financial policies that govern the products we support and ensure compliance with product guidelines, LPL Financial policies and regulatory requirements.

Essential Functions:

Accurately enter all trade orders in a timely manner without error across multiple trading platforms. (ClientWorks Online MutualFund Trading platform, BETA, FideliTrade, UIT sponsor online systems).

Maintain knowledge of various products and be able to explain the differences between the products to advisors, clients and internal business partners.

Ensure compliance with regulatory requirements.

Support internal business partners with executing trades (Transfers, Managed Platforms, Research, etc).

Ensure contingency plans are in place to support system outages (including processing large volumes of trades via macro processing into our backend trading system).

Provide advisors with information regarding sales and ticket charges, fund eligibility and LPL Financial processes as they

Support intraday adjustments to mutual fund trades.

Qualifications:

• 3 to 5 years of financial services, preferably in Trading
• Series 7 and 63 required / Series 24 preferred
• Strong MS Office skills required and Beta, Morningstar, Siebel, ClientWorks experience preferred
• Attention to detail
• Strong analytical and communication skills
• Ability to work independently and within a group setting
• Ability to work with other departments
• Ability to handle fastpaced and deadline driven environment
• Knowledge of Mutual Fund, UIT and Precious Metals markets
• Knowledge of trading regulations and requirements 

We offer a competitive salary and benefits package. Please login or create an account to apply to this position. Principals only. EOE

About LPL Financial:

LPL Financial is a leader in the retail financial advice market and the nation’s largest independent broker/dealer*. We serve independent financial advisors and financial institutions, providing them with the technology, research, clearing and compliance services, and practice management programs they need to create and grow thriving practices. LPL enables them to provide objective guidance to millions of American families seeking wealth management, retirement planning, financial planning and asset management solutions. LPL and its affiliates have more than 3,700 employees with primary offices in Boston, Charlotte, and San Diego.

Our Culture:

If you join LPL, you will join a culture that believes in delivering a world-class client experience and looks to all employees to contribute to that goal by sharing their creativity, experience, and passion for continuous improvement. As a destination of choice, our top priorities are growth and development, social responsibility, and financial health for our employees. 

We offer competitive compensation and industry leading benefits, including a wellness facility with onsite fitness classes, healthy meal choices, and a walk-in clinic. We support employee financial health through a 401k match, ESPP, and employee discounts. Work/life balance is our foundation and is supported through paid holidays, and paid time off (including time to volunteer). We foster a diverse work environment through Employee Resource Groups and diverse strategic partnerships.  

Join the LPL team and help us make a difference by turning life’s aspirations into financial realities. Please login or create an account to apply to this position. Principals only. EOE

*As reported by Financial Planning magazine, June 1996-2017, based on total revenue.

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