Analyst, Senior Investor Protection

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.

Senior Investor Protection (SIP) performs a critical role in ensuring that LPL complies with FINRA rules as well as regulations set forth by state law and provides state agencies (Adult Protective Services, law enforcement, and securities regulators) with key information obtained through an investigation to not only meet the firms mandatory reporting obligations, but to also pursue the prosecution of criminal activity to protect senior and vulnerable adults. Reporting to the SIP AVP, a SIP analyst will be responsible for reviewing and analyzing underlying data gathered during the course of an investigation to disposition and fully document all inquiries relating to diminished capacity and possible elder financial exploitation.

Role Overview

• Participates in end to end investigation and reporting process which entails timely monitoring, identification, investigation to provide guidance and education to internal and external business partners (including advisors) relating to diminished capacity concerns for senior and vulnerable adult clients. When appropriate, the analyst may also report suspicious/fraudulent activity indicative of elder financial exploitation, fraud, or any other financial risk or crime.
• Prepare and provide written or oral communication regarding reports of diminished capacity and when appropriate, suspected elder financial exploitation to state agencies (Adult Protective Services, law enforcement, Securities Division, etc) to meet LPL’s reporting obligations.
• Communicate results of analysis and/or research to appropriate SIP leadership including conclusions and recommendations for next steps.
• Prepare written analysis of research and findings and make independent recommendations to complete investigations.
• Communicate with internal and external business partners and others as needed to gather additional information.
• Act as a point of contact for diminished capacity related questions and support. The analyst will also provide valuable education during the course of an investigation to internal and external business partners relating to identifying red flags of diminished capacity and elder financial exploitation and escalating them to SIP
• Utilize a wide variety of research and transaction monitoring tools to gather details and enhance investigation.
• Participate in trainings that may include webinars, periodicals, and self study in order to stay abreast of laws and regulations relating to elder financial exploitation.
• Assist fellow Senior Investigators and Management with escalating potential risks

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:

• 1-2+ years’ experience in reviewing transactions in bank and/or brokerage accounts
• Experience with Microsoft Office tools (Word, Excel, PowerPoint, etc.)
• Experience with documentation

Core Competencies:

• Ability to multi-task, work well under pressure with commitment to deliver under tight deadlines
• Analytical, problem-solving, and critical thinking skills
• Strong judgment and experience with escalation of matters and recommended solutions
• Risk Management
• Regulatory Compliance, working knowledge of FINRA Rule 4512, FINRA Rule 2165, and state laws relating to identifying and reporting elder financial exploitation
• Knowledge of the Brokerage Industry

Preferences:

• Bachelor’s Degree and/or equivalent experience preferred
• Professional licenses/certifications (i.e., FINRA Series 7, CAMS, CFE) preferred

 

Pay Range:

$61,988-$103,313/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 pla