Tempe, Arizona, United States
Onsite
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
As a Sr. Equity Trader you will be engaging with both Financial Advisors, assistants and their end clients. Traders will also make outbound calls to Advisors regarding trades, corrections, and even education. Additionally, the successful candidate will develop relationships with 3rd party market centers and executions platforms as well as other internal departments within LPL including Product, Compliance, Purchase & Sales, Licensing & Registration, Business Development and others all with the goal of providing first-class equity and options trading support. You will be supporting other equity traders as well. We expect Sr. Traders to become subject matter experts and have the ability to understand multiple products and the risks, fees, and differences between them all. Traders must also understand and be able to explain the regulatory requirements and LPL Financial policies that govern the products we support and ensure compliance with product guidelines, LPL Financial policies and regulatory requirements. Being flexible and adaptable to competing priorities will be one of the key success factors for this position.
Responsibilities:
· Provide guidance and assistance in all aspects of equity and option trading resulting in the best possible execution
· Assist in resolving trade and settlement issues by working with the market centers, exchanges, and back office as needed. You will also liaison with third-party money managers, Registered Investment Advisors and Institutional Traders to provide exceptional equity and option trading support
· Will be responsible for reviewing and approving large trades for the trading team. You will be accountable for your trade execution quality and are expected to review your blotter after the close daily
· Providing support, guidance, and training for junior equity traders
· Able to handle and resolve escalated calls and issues
· Think outside of the box and leverage all means possible to find ways to create efficiencies on the desk
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:
· FINRA Series 7 & 63 or 65 licenses required.
· FINRA Series 55 or 57 license required or obtained within 90 days of start
· Deep knowledge of equity and option markets
· Thorough knowledge of marketplace rules and regulations
· Demonstrated high degree of accuracy and attention to detail
Preferences:
· 4+ years of trading desk experience
· 3 to 5 years working with and/or supporting financial professionals
· Series 4 & 24 licenses
· Knowledge and experience with Review & Release
· Experience trading in BETA
· Experience with OMS or EMS (TRAfix preferred)
· Experience with Bloomberg
· Knowledge and experience with RFQ platforms
· Must be able to work productively in both a small and large group setting
· Excellent customer service skills with the ability to listen and communicate in a clear and concise
· Experience with algorithmic trading
· Bachelor’s degree
Pay Range:
$86,726.00 - $144,612.00Company 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
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