New Accounts Analyst - Foreign Account Operations

Analyst, New Account Operations

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. 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 Summary

The Analyst – Foreign Account Operations serves as a subject matter expert and provides leadership in managing the full lifecycle of foreign accounts, including opening, maintenance, and closure. This role ensures compliance with international regulations, oversees complex cases, and drives process improvements to enhance operational efficiency and client experience. The Analyst collaborates with business partners and supports audits and regulatory reviews.

Responsibilities

• Lead and oversee foreign account opening, maintenance, and closure processes.
• Review and approve documentation for complex or high-risk accounts.
• Act as an escalation point for inquiries related to foreign account operations.
• Collaborate with Compliance, Legal, and Risk teams to resolve regulatory or procedural issues.
• Analyze workflow metrics and identify opportunities for process improvement and risk mitigation.
• Develop and maintain detailed standard operating procedures (SOPs).
• Provide training, mentorship, and guidance to team members.
• Support audits and regulatory reviews by preparing documentation and responding to inquiries.
• Ensure accurate recordkeeping and adherence to data integrity standards.
• Lead cross-functional projects aimed at improving efficiency and client experience.
• Execute control activities to ensure adherence to firm policies and guidelines.

Qualifications

• 2+ years of experience in financial operations with a focus on foreign account processing.
• 2+ years of in-depth knowledge of international regulatory requirements (AML/KYC).

Core Competencies

• Strategic thinker with strong analytical and problem-solving abilities.
• Ability to manage complex projects and prioritize competing deadlines.
• High attention to detail and commitment to accuracy.
• Strong leadership and team development skills.
• Be curious - identify deficiencies and find ways to continuously improve the process through controls testing and routine assessments.

Preferences

• Experience in process improvement (Lean methodologies – root cause problem solving) and operational risk mitigation.
• Familiarity with global financial products and services.
• BETA and excel experience is essential for job duties
• ClientWorks, BOPM/Camunda, Archer, MS office suite experience is preferred
• Multilingual skills or experience working with international clients is a plus.
• Strong leadership and decision-making skills.
• Excellent communication and interpersonal skills, with the ability to influence and collaborate across departments.

Pay Range:

$24.60-$41.01/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) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, 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.

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.
• Limitless Career Potential: Your career at LPL has no limits, only amazing potential.
• Unified Mission: We are one team on one mission—taking care of our advisors so they can take care of their clients.
• Impactful Work: Our size is just right for you to make a real impact.
• Commitment to Equality: We support workplace equality and embrace diverse perspectives and backgrounds.
• Community Focus: We care for our communities and encourage our employees to do the same.
• 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.

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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