Manager, Operations - Corporate Actions

Corporate Action Team Leader

The Corporate Action team is comprised of; Dividends, Reorg, Cash Sweeps, Proxies, Restricted securities, and Cash & Bank functionalities. We are seeking a candidate who has previous talent development experience and operational knowledge, specifically in corporate actions. The ideal candidate will need to aid in the design, implementation and ongoing support of various projects while leading a team of operations and service staff. They should have an understanding of data analysis, project management, and reporting tools and technology, in general, to effectively analyze business requirements, track project status, and translate business / regulatory needs into technical requirements. The candidate will also need strong interpersonal, organization and communication skills (written and verbal) to be effective in the role.

Responsibilities :

• Provide ongoing support, coaching, feedback and developmental opportunities to address staff needs in order to engage them and help them be more effective and successful.
• Conduct regular meetings with on-site and cross-site staff.
• Driving a performance management culture, achieving completion of timely mid-year and year-end self-evaluations and manager evaluations for all active employees.
• Conduct vendor, regulatory, and risk oversight for all processes. Approve and sign off management reports, controls, and process checklist.
• Reconcile and oversee large cash balances and security positions.
• Support and contribute toward the successful execution of projects and initiatives that support LPL's priorities.
• Leverage technology to automate manual work and simplify processes where feasible to create a highly scalable, flexible, and efficient infrastructure.
• Develop risk based mitigation approaches that may yield changes to functions, and departmental requirements.
• Understand and interpret rule modifications in an ever-changing regulatory environment, and understand the business needs of LPL, our advisors, and other departments.
• Deliver the best personal and relevant client experience possible through operational and service excellence delivery and demonstration of sound business and financial management practices.
• Develop quality service standards and processes to create a consistent service experience.
• Risk Management- responsible for daily corporate action reconciliations, managing error rates, exception review processing and daily reporting. Other duties could also include policy and procedures reviews and presentations to the staff.
• Technology and Systems Management Participate and implement departmental projects as well as coordinating and performing User Acceptance Testing.
• Handle escalations by both the Service Center and Advisors
• Other assignments as required by Leadership

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 :

Pay Range : $77,288-$128,813 / 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 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.