Analyst, Ops Tax & Cost Basis

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 Government Reporting team comprises of cost basis and tax reporting functionalities. The tax reporting component ensures that all Internal Revenue Service (IRS) client tax reporting forms are issued and mailed in an accurate and timely manner. The cost basis component is responsible for the receipt, maintenance, and delivery of tax lots used to calculate cost basis.   

The Cost Basis and Tax Analyst will conduct routine analysis and tests of various components of a quality control program comprised of data analysis, systems evaluation, and quality technology. This role requires the individual to understand operational processes, dependencies, and control points. Furthermore, an understanding of cost basis and tax procedures is strongly recommended. 

Responsibilities: 

• Supporting and, at times, leading initiatives to improve and enhance the advisor experience while positively impacting the broader LPL organization. 

• Share trends and pain points with leadership and business partners to find solutions and pursue process improvements. 

• Resolve escalated issues and review for training opportunities. 

• Support internal/external audit and risk management review of QC processes as needed. 

• Analyze reports and data to determine actionable business intelligence with a strong attention to detail. 

• Maintain processes and improve operational efficiency. 

• Innovate, test, and launch new ideas to solve complex business problems. 

• Work closely with internal LPL departments on different projects and initiatives. 

• Assist with audit reviews, collection of data, and materials for regulators and/or internal audit. 

• Offers creative recommendations on how to solve business challenges. 

• Recognizes issues, problems, or opportunities and determines whether action is needed. 

• Lead projects and UAT testing on behalf of the business. 

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 financial services experience  

• Microsoft applications, particularly Excel and Access 

Core Competencies: 

• Excellent verbal and written communication skills 

• Ability to work independently in a fast-paced environment with multiple priorities. 

• Attention to detail with a proactive approach to solving and preventing problems 

Preferences:  

• Bachelor’s degree 

• FINRA licenses 

• Retirement account tax reporting and cost basis experience  

Pay Range:

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