Supervisory Principal, Onboarding Supervision and OBA

Where Ambition Meets Innovation

Build a career that matches all your initiative with an impressive dose of innovation. From cutting-edge resources and a collaborative environment to the freedom to make an impact and more, you’ll find the ingredients you need at LPL Financial to shape your success while helping clients pursue their financial goals.

Job Overview

The Onboarding Supervision and Outside Business Activities Team is responsible for conducting due diligence reviews of prospective advisors seeking to affiliate with LPL Enterprise. The Supervisory Principal reviews Outside Business Activities (OBA), Private Securities Transactions (PST), and office sharing requests to ensure compliance with firm policies and regulatory requirements. This role partners closely with multiple departments across LPL, as well as Prudential partners, to facilitate the onboarding and supervision process.

Responsibilities

• Conduct due diligence reviews of prospective advisors affiliating with LPL Enterprise as a first-line Supervisory Principal

• Review Outside Business Activity (OBA) and Private Securities Transaction (PST) requests for prospective advisors to ensure compliance with firm policies and applicable state and federal regulations

• Consult with prospective advisors regarding outside business activities, private securities transactions, and office sharing arrangements

• Research, investigate, and address situations where firm policies or regulatory requirements are not being followed

• Interact with prospective advisors, business partners, internal departments, and senior leadership to evaluate and communicate compliance determinations, while supporting special projects and investigations

• Assist with research and responses to regulatory inquiries, including branch examinations

• Contribute to departmental initiatives, including policy enhancements, process improvements, and training efforts

• Perform additional duties, projects, and responsibilities as assigned

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

• 3+ years of experience in financial services, with a focus on compliance reviews involving outside business activities

• Prior client-facing experience with a demonstrated ability to confidently communicate complex issues, explain regulatory requirements, and ask thoughtful, open-ended questions

• Knowledge of FINRA, SEC, and state regulatory rules and requirements

• Licensing: FINRA Series 7, Series 24, and Series 63 or Series 66

Core Competencies

• Ability to work effectively in a fast-paced, high-volume environment while maintaining flexibility and prioritizing competing demands

• Customer focus, collaboration skills, time management, organizational abilities, and written and verbal communication skills

• Attention to detail, sound judgment, and strong problem-solving and follow-through capabilities

• Experience with Adobe, all Microsoft applications, particularly, Excel, Word, and PowerPoint; Familiarity with Salesforce a plus

• Customer service skills with the ability to communicate effectively across all levels of the organization

• Ability to make sound regulatory and risk-based decisions to support daily supervisory responsibilities

• Demonstrated commitment to proactive collaboration and service-oriented responses when addressing escalated issues and business partner concerns

Preferences

• Bachelors Degree

 

Pay Range:

$62,727.00 - $104,545.00
 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 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.

EAC 5.19.26