Job ID R-025561Date posted 01/18/2023Primary Location WA-RemoteOther Locations OR-Remote
Do you have a background in financial services and want to focus on a compliance-related function in your next role? Are you someone that has experience as a financial advisor or a passion supporting financial advisors? Are you excited to learn more? If so, then this could be the role you are looking for!
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.
Our Branch Auditors 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 Branch Auditor 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 with the requirement for travel and a proximity to a regional airport location. Candidate must be located in the Northwest region of the United States
Responsible for independently performing all functions of branch examination, 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 (may be onsite or virtual depending on the needs of the business).
Conduct virtual and/or in-person consultations with branch manager, advisors, and support staff.
Prepare audit letter based on deficiencies identified during branch examination and provide instructions, both verbally and in writing, to correct deficiencies and operate an office that is in compliance with all regulations.
Use all company-provided tools and systems required to perform thorough audit and document findings in detail.
Accountable for planning and preparation of pre-audit material, scheduling of exams, travel arrangements, and managing associated expenses.
Collaborate with peers and management to streamline processes and create efficiencies for the department.
What are we looking for?
We want strong collaborators who can deliver a world-class client experience. We are looking for people who thrive in a fast-paced environment, are client-focused, team oriented, and are able to execute in a way that encourages creativity and continuous improvement.
Ability to work in a self-directed environment working remotely from your primary residence.
Possibility of some domestic travel (up to 50%) which will require the carrying of luggage and audit paperwork (approx. lifting at least 40 pounds).
Professional demeanor to represent LPL in a client-facing role and across all levels within and outside the organization.
Proficient in Microsoft applications (Word, Excel, Outlook).
Skilled in building relationships and collaborating with business partners.
Must have excellent customer service skills, be a consultative partner, and be able to communicate effectively with individuals at various levels, both verbal and written.
Ability to proactively identify risk and use sound judgement to know when to "ask the next question" as potential risk areas are found.
Take initiative and problem solve in a complex environment.
Able to effectively leverage resources and navigate the organization to obtain information and achieve objectives.
Proven track record for working independently, meeting job responsibilities, and detail orientation.
Education: Bachelor's degree (B.A./B.S.) and minimum of three years of experience in the financial services industry.
FINRA securities registrations (including SIE, Series 7, and Series 24 licenses) strongly preferred.
Prior compliance or supervisory experience strongly preferred.
$58,640-$87,960/yearThe salary range is dependent on a number of factors, including the applicant’s skill, experience, and work location. This role is also eligible for LPL’s discretionary bonus.
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.