Manager, Fraud Operations

Do you have a passion for leading, being entrepreneurial, and being a part of process improvement?

If so, then this could be the role for you!

Job Overview:

LPL Financial is currently seeking a manager for Fraud Operations, which will manage and lead a high-risk, fast-paced, high-profile team. The Fraud Operations manager will be responsible for working with leadership in developing, structuring, and leading the response and escalation process as it relates to potential and actual fraud items presented to the Fraud Operations Team.  The individual will be expected to make quick decisions, based on the facts provided with the intent of protecting LPL clients and preventing future fraud.  Relationship building and open communication with internal and external partners and LPL businesses across the business will be a key success factor in this role.

Responsibilities:

• Manage Fraud Operations Team to lead fraud detection efforts and fraud escalations based on transaction requests, as well as escalations received within Service, Trading, Operations and internal partners (Legal, Compliance, Risk, Treasury, and other departments) with the intent of preventing fraud for review and inquiry.

• Quality Control of Fraud Operations investigations

• Monitoring and keeping abreast of current fraudulent trends in the industry.

• Response and tracking of all inquiries escalated to the Fraud Operations Team inbox

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 can execute in a way that encourages creativity and continuous improvement.

Requirements:

• Bachelor’s Degree

• 4+ years of Fraud or Financial Crimes experience

• FINRA 99 or 7

• 2 years of Management experience in financial services

Preferences & Core Competencies:

• Ability to multi-task, work well under pressure with a commitment to deliver under tight deadlines

• Discover and craft a development plan filled with tasks and deliverables that are personalized to the employee's growth strategy

• Self-starter; must be a thought-leader, strategic thinker, and independent decision-maker

#LI-PA

Pay Range:

$70,613-$117,688/year
 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!
 

Company Overview:

LPL Financial Holdings Inc. (Nasdaq: LPLA) was founded on the principle that the firm should work for advisors and institutions, and not the other way around. Today, LPL is a leader in the markets we serve, serving more than 23,000 financial advisors, including advisors at approximately 1,000 institutions and at approximately 580 registered investment advisor ("RIA") firms nationwide. We are steadfast in our commitment to the advisor-mediated model and the belief that Americans deserve access to personalized guidance from a financial professional.

At LPL, independence means that advisors and institution leaders have the freedom they deserve to choose the business model, services, and technology resources that allow them to run a thriving business. They have the flexibility to do business their way. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors and institutions, so they can take care of their clients.

Join LPL Financial: Where Your Potential Meets Opportunity

At LPL Financial, we believe that everyone deserves objective financial guidance. As the nation’s leading independent broker-dealer, we offer an integrated platform of cutting-edge technology, brokerage, and investment advisor services.

Why LPL?

• Innovative Environment: We foster creativity and growth, providing a supportive and responsive leadership team. Learn more about our leadership team here!

• Limitless Career Potential: Your career at LPL has no limits, only amazing potential. Learn more about our careers here!

• Unified Mission: We are one team on one mission—taking care of our advisors so they can take care of their clients. Learn more about our mission and values here!

• Impactful Work: Our size is just right for you to make a real impact. Learn more here!

• Commitment to Equality: We support workplace equality and embrace diverse perspectives and backgrounds. Learn more here!

• Community Focus: We care for our communities and encourage our employees to do the same. Learn more here!

• Benefits and Total Rewards: Our Total Rewards package goes beyond just compensation and insurance. It includes a mix of traditional and unique benefits, perks, and resources designed to enhance your life both at work and at home. 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.

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