Manager, Trading

What if you could build a career where ambition meets innovation? At LPL Financial, we empower professionals to shape their success while helping clients pursue their financial goals with confidence. What if you could have access to cutting-edge resources, a collaborative environment, and the freedom to make an impact? If you're ready to take the next step, discover what’s possible with LPL Financial.

Job Overview:

The Mutual Fund Trading Manager supervises and supports trading staff responsible for providing frontline trading support to LPL advisors and their clients with Mutual Fund, UIT, and Precious Metals products. Managers are expected to demonstrate a comprehensive business acumen, proficiency of daily operational trading functions, and fluency in department policies, procedures, and regulatory requirements associated with Mutual Funds, UITs, and Precious Metals products.

Responsibilities:

Please note that Managers are not permitted to provide financial advice or guidance in trade decision making. Support staff with their departmental goals including, but not limited to talent development, career pathing, and cross-training with interdepartmental trading teams.  Supervise and direct daily workflows to ensure Trading’s service level averages are maintained, escalated issues are addressed in a timely manner, and end of day processes are completed. Driving Operational excellence and efficiency through continuous process improvements.   Supporting senior leadership with complex and escalated issues from Advisors, clients, or internal business partners.

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:

• Bachelor’s degree in a related field or 5+ years of financial services experience, preferably in Trading

• 3+ years Customer Service experience and ability to demonstrate operational excellence

• *Series 7, 63 (or 66), and 24 ARE A REQUIREMENT

• Registration in all US States & Territories is required upon hire 

Core Competencies:

• Proficiency in standard computer knowledge (including software skills) and must be able to follow audible troubleshooting instructions if/when necessary

• Microsoft Office skills- Intermediate Excel and VBA macros knowledge is preferred

• Strong written and oral communication skills

• Strong problem-solving and organizational skills

• Ability to deescalate concerned callers while displaying empathy and care

• Ability to multitask and work independently within a virtual environment

• Strong analytical mindset and very detail-oriented

• Self-starter with the ability to build sustainable relationships with teammates, internal departments, and external contacts

• Thorough knowledge of LPL and FINRA and/or SEC regulations and requirements as they pertain to trading our specific products

• Ability to identify trends, issues, and anticipate possible risk, and exercise judgement to de-escalate and/or escalate critical incidents when needed.

 

Pay Range:

$85,400-$142,400/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) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace. LPL supports over 29,000 financial advisors and the wealth-management practices of 1,100 financial institution, servicing and custodying approximately $1.9 trillion in brokerage and advisory assets on behalf of approximately 7 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses.

At LPL, independence means that a