LPL Financial Services
Manager, Margins
LPL Financial Services, Tempe, Arizona, us, 85280
Are you a team player? Are you curious to learn? 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!
Excited to learn more? If so, then this could be the role 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 22,000 financial advisors, 1,100 institution-based investment programs, and 500 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.
Job Overview:
The Cash Management Operations Manager - Margin is responsible for leading a team of associates and the supervision of margin processes for quality, adherence to risk and regulatory requirements when reviewing and approving client and business partner transactions. We are seeking a candidate who has previous banking and or broker-dealer experience, specifically in margin operations. The ideal candidate will need to aide in the design, implementation and ongoing support of various projects and process improvements activities. This position requires a strong leader who can identify, develop and lead a diverse team responsible for delivering on our Mission and Values.
Responsibilities:
* Responsible for the oversite for the team and activities of regulating trading in cash accounts and review of margin polices.
* Provide ongoing support, coaching, feedback and developmental opportunities to address team members needs in order to engage them and help them be more effective and successful
* Drive a performance management culture to ensure associates are able to meet organizational goals.
* Support in creation, modification, implementation and oversight of controls, risk mitigation tactics and strategies.
* Creates and supports a team culture of continuous improvement by identifying new and betters ways to do things.
* Understand and interpret rule modifications in an ever changing regulatory environment, and understand the business needs of LPL, our advisors, and other departments
* Deliver an exceptional advisor and client experience possible through operational and service excellence delivery
* Create and foster partnerships across the organization to support and meet shared objectives
* Handle escalations and inquiries by Service partners, Advisors and key business partners
What are we looking for?
The ideal candidate will have a client-first customer service oriented mind-set from a financial background, with strong attention to detail, problem-solving skills, and excellent verbal and written abilities. Candidate will be able to contribute positively to a team-focused environment, driving both growth and innovation.
Requirements:
* 3-5 years of experience in financial services industry preferred or prior supervisory experience required.
* Bachelor's degree or equivalent business experience required
* Proficient technical skills, including knowledge of Microsoft applications
* Experience with rules pertaining to Regulation T with Cash and Margin Accounts
* SIE and Series 7 or 99 license (License must be acquired within 90 days of employment).
Core Competencies:
* Ability to work independently in a fast-paced environment with multiple priorities
* Ability to work with and communicate effectively to various levels throughout the organization.
* Ability to learn multiple aspects of the Financial Services industry and understand how it all connects
* Experience with Lean Problem Solving and other Lean methodologies
* Excellent verbal and written communication skills
* Strong analytical and influencing skills with the ability to develop creative solutions for complex problems.
* Strong attention to detail with a pro-active approach to solving and preventing problems
Pay Range:
$72,500.00 - $120,800.00
Actual base salary varies based on factors, including but not limited to, relevant skill, prior experience, education, base salary of internal peers, demonstrated performance, and geographic location. Additionally, LPL Total Rewards package is highly competitive, designed to support your success at work, at home, and at play - such as 401K matching, health benefits, employee stock options, paid time off, volunteer time off, and more. Your recruiter will be happy to discuss all that LPL has to offer!
Why LPL?
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.
Want to hear from our employees on what it's like to work at LPL? Watch this!
We take social responsibility seriously. Learn more here
Want to see info on our benefits? Learn more here
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 (855) 575-6947.
Excited to learn more? If so, then this could be the role 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 22,000 financial advisors, 1,100 institution-based investment programs, and 500 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.
Job Overview:
The Cash Management Operations Manager - Margin is responsible for leading a team of associates and the supervision of margin processes for quality, adherence to risk and regulatory requirements when reviewing and approving client and business partner transactions. We are seeking a candidate who has previous banking and or broker-dealer experience, specifically in margin operations. The ideal candidate will need to aide in the design, implementation and ongoing support of various projects and process improvements activities. This position requires a strong leader who can identify, develop and lead a diverse team responsible for delivering on our Mission and Values.
Responsibilities:
* Responsible for the oversite for the team and activities of regulating trading in cash accounts and review of margin polices.
* Provide ongoing support, coaching, feedback and developmental opportunities to address team members needs in order to engage them and help them be more effective and successful
* Drive a performance management culture to ensure associates are able to meet organizational goals.
* Support in creation, modification, implementation and oversight of controls, risk mitigation tactics and strategies.
* Creates and supports a team culture of continuous improvement by identifying new and betters ways to do things.
* Understand and interpret rule modifications in an ever changing regulatory environment, and understand the business needs of LPL, our advisors, and other departments
* Deliver an exceptional advisor and client experience possible through operational and service excellence delivery
* Create and foster partnerships across the organization to support and meet shared objectives
* Handle escalations and inquiries by Service partners, Advisors and key business partners
What are we looking for?
The ideal candidate will have a client-first customer service oriented mind-set from a financial background, with strong attention to detail, problem-solving skills, and excellent verbal and written abilities. Candidate will be able to contribute positively to a team-focused environment, driving both growth and innovation.
Requirements:
* 3-5 years of experience in financial services industry preferred or prior supervisory experience required.
* Bachelor's degree or equivalent business experience required
* Proficient technical skills, including knowledge of Microsoft applications
* Experience with rules pertaining to Regulation T with Cash and Margin Accounts
* SIE and Series 7 or 99 license (License must be acquired within 90 days of employment).
Core Competencies:
* Ability to work independently in a fast-paced environment with multiple priorities
* Ability to work with and communicate effectively to various levels throughout the organization.
* Ability to learn multiple aspects of the Financial Services industry and understand how it all connects
* Experience with Lean Problem Solving and other Lean methodologies
* Excellent verbal and written communication skills
* Strong analytical and influencing skills with the ability to develop creative solutions for complex problems.
* Strong attention to detail with a pro-active approach to solving and preventing problems
Pay Range:
$72,500.00 - $120,800.00
Actual base salary varies based on factors, including but not limited to, relevant skill, prior experience, education, base salary of internal peers, demonstrated performance, and geographic location. Additionally, LPL Total Rewards package is highly competitive, designed to support your success at work, at home, and at play - such as 401K matching, health benefits, employee stock options, paid time off, volunteer time off, and more. Your recruiter will be happy to discuss all that LPL has to offer!
Why LPL?
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.
Want to hear from our employees on what it's like to work at LPL? Watch this!
We take social responsibility seriously. Learn more here
Want to see info on our benefits? Learn more here
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 (855) 575-6947.