Cash Management Senior Operations Specialist

The Cash Management Retirement Senior Operations Specialist is responsible for processing complex transactions to ensures the policies and procedures regarding the movement of assets and securities in Retirement accounts are followed. This role requires a solid understanding of IRS regulations and rules related to Retirement move money transactions and the ability to educate.

Responsibilities:

• Review, prepare and process complex retirement move money requests to include RMD, Removal of Excess, Recharacterizations and Qualified Retirement Plan transactions

• Understanding of IRS rules and regulations related to contributions and distributions in Retirement Accounts

• Problem solve and conduct research on advisor related questions and escalations using a variety of tools

• Proactively educate internal business partners and advisors on products and processes including necessary updates to intranet and advisor facing resources

• Identify opportunities for process improvement and take ownership of implementation

• Work collaboratively and efficiently with others in a fast pace, evolving environment

What are we looking for?

We’re looking for strong collaborators who deliver exceptional client experiences and thrive in fast-paced, team-oriented environments. Our ideal candidates pursue greatness, act with integrity, and are driven to help our clients succeed. We value those who embrace creativity, continuous improvement, and contribute to a culture where we win together and create and share joy in our work.

Requirements:

• One to two years general brokerage industry knowledge and previous customer service experience

• Microsoft Office products

Core Competencies:

• Excellent verbal and written skills

• Excellent time-management skills

• Attention to detail

• Effective communication across departments

• Strong decision-making skills

Preferences:

• Data analysis skills

• Bachelor’s Degree

#LI-PA

 

Pay Range:

$16.73-$27.88/hour

 

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