Support the preparation, review, and monitoring of daily regulatory reporting processes maintaining compliance with internal and regulatory guidelines.
Perform quality control and approval of daily regulatory reporting processes.
Partner with the Analysts and Management in researching and providing explanations for reporting anomalies.
Provide support to management during internal and external audits.
Improving the team's processing acumen by updating Policies & Procedures and cross-training new Analysts and Sr. Analysts.
Taking the lead on process improvements by standardizing workflows, developing templates, and partnering with the Technology business unit on more robust automated solutions.
Maintain control documentation needed for the various internal, external and regulatory reviews.
Investigate, resolve, and track exceptions that may arise.
Assist with coordinating the remediation of reporting anomalies.
What are we looking for?
Requirements
5+ years of Broker Dealer Operational experience across multiple departments, or similar experience.
Experience with Excel
Knowledge of Microsoft applications, such as VISIO, Word, Access, and PowerPoint.
Experience in data analytics using tools such as Alteryx, Snowflake, SQL, and similar platforms.
FINRA Licensing - SIE + Series 99, or ability to acquire license within 90 days.
Core Competencies:
Detail oriented with strong written and verbal communication skills.
Ability to work independently and communicate effectively.
Have analytical skills and the ability to consult and resolve issues related to data extraction, validation, and report generation.
Ability to work well under pressure, adapt to unexpected events, prioritize and multi-task in a deadline driven environment.
Preferences:
Advanced Tableau experience developing dashboards and data visualization.
Advanced Lucid experience creating process flows, diagrams, and visual documentation.
Bachelor's degree, certificates or other experience in Business, Economics, Accounting/Finance, project management or data analytics; other areas of focus will be considered.
FINRA licensing (e.g. Series 7, 24, 63 and 65/66).
Pay Range:
$74,984.00 - $125,042.00
Actual base salary varies based on factors, including but not limited to,
Additional Information
Where Ambition Meets Innovation
Build a career that matches all your initiative with an impressive dose of innovation. From cutting-edge resources and a collaborative environment to the freedom to make an impact and more, you'll find the ingredients you need at LPL Financial to shape your success while helping clients pursue their financial goals.
Job Overview:
The Senior Analyst plays a critical role in supporting the Regulatory Trade Reporting team's ability to meet its regulatory reporting obligations. Accurate and timely reporting of operational and trading data is essential to LPL Financial, given the high level of oversight from regulators and auditors. This role works closely with the Manager of Regulatory Trade Reporting within the Compliance department to execute daily reporting activities and collaborate with team members. The role is also expected to interact with Legal, Trading, external vendors, technology, and multiple areas within Operations.
Key responsibilities include ensuring the completeness, accuracy, and timeliness of reports submitted to exchanges, self-regulatory organizations, and regulatory bodies. The Senior Analyst also contributes to quality control (QC) reviews and approvals, conducts in-depth research, performs complex data analysis, and prepares for and participates in various meetings. The team operates collaboratively to maintain compliance with regulatory standards and uphold audit principles.
The team executes several firm-wide reporting functions that fulfill LPL's regulatory responsibilities as a Broker-Dealer and Registered Investment Advisor, including, but not limited to:
Consolidate Audit Trail (CAT) reporting to FINRA.
Customer Account Information System (CAIS) reporting to FINRA.
Large Option Position Reporting (LOPR) filings with the Options Clearing Corporation (OCC).
Short Interest filings with the Financial Industry Regulatory Authority (FINRA).
Quarterly Form 13F filings with the Securities and Exchange Commission (SEC).
Electronic Blue Sheets (EBS) submissions to FINRA.
Option Position Limit (OPL) and Option Expiration Monitoring (OEM)
Monitoring of Trade Reporting Facility (TRF) and Over-the-Counter Reporting Facility (ORF) through NASDAQ and FINRA.
Annual preparation and submission of FOCUS Schedule I documentation to Finance.
Lplfinancial · Fort Mill