Sr Supervisory Principal

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!
 

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.

Job Overview:

The Senior Supervisory Principal within Central Supervision will work with a team of fellow analysts to support the Regional Supervisory Principals located in the employee model. The Senior Supervisory Principal will be responsible for completing front-line supervisory tasks on a daily basis and reporting potential sales practice concerns to the Regional Supervisory Principal. Great emphasis will be placed upon completing tasks according to the established Service Level Agreements and at a high level of quality.

Responsibilities:

• Review of securities transactions on the electronic trade blotter including but not limited to equities, fixed income, mutual funds, UITs, municipal securities, and 529 transactions.

• Review of account-level suitability alerts for brokerage and advisory accounts using LPL’s electronic supervisory tool suite.

• Review and approval of account documentation.

• Analysis of transaction activity and identification of potential sales practice concerns.

• Collaboration with Regional Supervisory Principals and other business partners to escalate and resolve sales practice concerns. 

• Work within a team environment to identify potential sales practice concerns.

• Provide consultative support to clients.

• Provide awareness across all Supervision departments of any investigations, escalations, or emerging risks involving advisors and OSJs.

• Act as a point of contact for questions and minor escalation; help provide guidance and information to help solve minor day-to-day questions and issues; assist with oversight of supervision including, but not limited to, backlog management and QC.

• Regularly help lead or provide significant contribution to weekly team meetings. Identify opportunities for and facilitate ad hoc meetings on best practices, new info shares, etc. for team members as needed.

• Volunteer for and participate in project opportunities including committees, UAT testing efforts, and/or workload management (backlog assistance and/or backlog management) for peers and other departments as needed.

• Support new and/or existing staff through training and mentoring efforts. Provide individual support through direct contact relationship with staff as identified. Assist with professional development.

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.

Requirements:

• 3+ years of financial services industry experience

• Series 7; 9 and 10 (or Series 24, 4 & 53 or must pass series 4 &53 within 120 days of employment (for candidates with S24)); Series 66 (or S63 and S65)

Core Competencies:

• Ability to work in a fast-paced/high volume environment and be flexible with work schedule.

• Ability to multi-task, strong attention to detail, excellent problem-solving and follow-up skills.

• Proactive collaboration and service-based responses with business partners on escalated issues.

Preferences:

• Undergraduate degree in Business, Accounting, Finance or related discipline.

Pay Range:

$71,900.00 - $119,900.00

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.

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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 (855) 575-6947.