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 LPL Senior Investor Protection (SIP) team performs a critical function in ensuring that LPL complies with FINRA rules as well as regulations set forth by state and federal law relating to monitoring, identifying, investigating, and reporting diminished capacity and elder financial exploitation concerns as it relates to senior investors and vulnerable adults. SIP reports to 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 stop fraudulent activity in an effort to protect client’s, advisors, and LPL.

Reporting to the SIP AVP, a SIP Senior Analyst will be responsible for assisting with case volume across the team but also coordinating and independently leading complex cases, making risk level assessments and assignments for incoming work, providing guidance to team members, and developing and participating in formal training for the field and internal business partners as needed. This role is responsible for governing risk decisions across SIP investigators and is not primarily responsible for routine end-to-end case execution.  

Responsibilities/Senior Analyst:

• Assess severity and complexity of new referrals, prioritize, and assign all new referrals to the SIP team ensuring timely response and effective distribution of resources.

• Manage risk based decisions and processes (i.e. state reporting and disbursement hold approvals).

• Lead high risk, high visibility or executive level investigations, focusing on most complex, high-risk, or high-impact matters.

• Assist SIP management with any ad hoc projects or initiatives including but not limited to preparation of presentation materials, training new hires, policy and procedure reviews, and resource updates.

• Assist SIP management with ad hoc projects as needed, demonstrating a deeper scope of risk and compliance.

• Contribute to the development, refinement, and interpretation of SIP risk frameworks and decision guidelines

• Act as a subject-matter expert for risk-based decisioning within SIP

Responsibilities/SIP Casework:

• Conduct timely comprehensive investigation which entails monitoring, identifying, investigating, and when appropriate, reporting of suspicious/fraudulent activity indicative of elder financial exploitation, fraud, or any other financial risk or crime.

• Effective time management to address high volume of cases while prioritizing matters appropriately based on time sensitivity. Timeframes typically consist of a 2-5 business day SLA that an investigator would have to make a hold and report decision.

• Prepare detailed written analysis of research and findings in case management system. This would include documenting all research, recommendations, reports, holds, coordination with internal business partners and agencies, evidence obtained, and guidance and education provided during the course of an investigation.

• Analyze customer transaction activity to ascertain legitimacy of the account activity and transactions to ensure that activity is appropriate for the nature of the account. This would include interpreting legal documents on file.

• Utilize a wide variety of research and transaction monitoring tools to identify suspicious activity and support investigation conclusions as it relates to reviewing matters of elder financial exploitation.

• Provide clear and effective communication with financial advisors, relationship managers, branch associates and others as needed to gather pertinent information related to investigation and to partner with parties during the duration of an investigation.

• Develop and maintain relationships with internal business partners such as Supervision, Legal, AML, and Investigations to coordinate reviews and enhance advisor experience.

• Act as a liaison during investigations to local, state, and federal agencies on reports and investigations relating to elder financial exploitation.

• Prepare narrative summaries for each case that efficiently articulates the intake, investigation, and closure steps taken during a case.

• Participate in trainings that may include webinars, periodicals, and self-study in order to stay abreast of laws, regulations, and current trends relating to elder financial exploitation.

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:

• Bachelor’s Degree and/or equivalent experience preferred

• Minimum 2-3 years experience in reviewing transactions in bank and/or brokerage accounts

• Minimum 4 to 5 years Senior Investor or AML Investigations experience or other related job with investigative experience.

• Regulatory Compliance, working knowledge of FINRA Rule 4512, FINRA Rule 2165, and state laws relating to identifying and reporting elder financial exploitation

• Professional licenses/certifications (i.e., FINRA Series 7, CAMS, CFE) preferred

Core Competencies:

• Critical Thinking

• Time Management

• Decision Making

• Case Management

• Written and Oral Communication

• Presentation and Reporting Skills

#LI-PA

 

Pay Range:

$77,791-$129,651/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(6) , LPL supports over 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.3 trillion in brokerage and advisory assets on behalf of approximately 8 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. For further information about LPL, please visit www.lpl.com.

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.

For further information about LPL, please visit www.lpl.com.

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 take care of their clients. Learn more about our mission and values here!

• Impactful Work: Our size is just right for you to make a real impact. Learn more here!

• Commitment to Equality: We support workplace equality and embrace diverse perspectives and backgrounds. Learn more here!

• Community Focus: We care for our communities and encourage our employees to do the same. Learn more here!

• Benefits and Total Rewards: Our Total Rewards package goes beyond just compensation and insurance. It includes a mix of traditional and unique benefits, perks, and resources designed to enhance your life both at work and at home. Learn more here!

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.

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