Mutual Funds Trader Mutual Funds Trader …

LPL Financial
in San Diego, CA, United States
Permanent, Full time
Be the first to apply
LPL Financial
in San Diego, CA, United States
Permanent, Full time
Be the first to apply
Mutual Funds Trader
Mutual Fund Trader (Series 7 & 63 Req) San Diego/en-US/External/job/San-Diego/Mutual-Fund-Trader--Series-7---63-Req-_R-010079/apply

The Mutual Fund Trader will work in a call center environment taking approximately 30-50 inbound calls per day from Financial Advisors, their assistants, and their clients. Traders will make outbound calls to Advisors regarding trades and trade corrections for Mutual Funds, UITs and Precious Metals. Traders must be able to understand multiple products and the risks, fees, and differences between the products. 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.

Essential Functions:

  • Accurately enter all trade orders in a timely manner without error across multiple trading platforms. (ClientWorks Online MutualFund Trading platform, BETA, FideliTrade, UIT sponsor online systems).
  • Maintain knowledge of various products and be able to explain the differences between the products to advisors, clients and internal business partners.
  • Ensure compliance with regulatory requirements.
  • Support internal business partners with executing trades (Transfers, Managed Platforms, Research, etc).
  • Support contingency plans to support system outages (including processing large volumes of trades via macro processing into our backend trading system). Support LPLs volume contingency plan (VCP) by training and supporting Equity Trading and Enhanced Trading in a VCP capacity.
  • Provide advisors with information regarding sales and ticket charges, fund eligibility and LPL Financial processes as they pertain to mutual fund, UIT and precious metals transactions.


  • 3 to 5 years of financial services, preferably in Trading
  • Series 7 and 63 required / Series 24 preferred
  • Strong MS Office skills required and Beta, Morningstar, Siebel, ClientWorks experience preferred
  • Attention to detail
  • Strong analytical and communication skills
  • Ability to work independently and within a group setting
  • Ability to work with other departments
  • Ability to handle fastpaced and deadline driven environment
  • Knowledge of Mutual Fund, UIT and Precious Metals markets
  • Knowledge of trading regulations and requirements

About LPL Financial:

LPL Financial is a leader in the retail financial advice market and the nations largest independent broker/dealer*. We serve independent financial advisors and financial institutions, providing them with the technology, research, clearing and compliance services, and practice management programs they need to create and grow thriving practices. LPL enables them to provide objective guidance to millions of American families seeking wealth management, retirement planning, financial planning and asset management solutions. LPL and its affiliates have more than 4,200 employees with primary offices in Boston, Charlotte, and San Diego.

*As reported by Financial Planning magazine, June 1996-2019, based on total revenue.

Our Culture:

If you join LPL, you will join a culture that believes in delivering a world-class client experience and looks to all employees to contribute to that goal by sharing their creativity, experience, and passion for continuous improvement. As a destination of choice, our top priorities are growth and development, social responsibility, and financial health for our employees.

We offer competitive compensation and industry leading benefits, including a wellness facility with onsite fitness classes, healthy meal choices, and a walk-in clinic. We support employee financial health through a 401k match, ESPP, and employee discounts. Work/life balance is our foundation and is supported through paid holidays, and paid time off (including time to volunteer). We foster a diverse work environment through Employee Resource Groups and diverse strategic partnerships.

Join the LPL team and help us make a difference by turning lifes 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 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 applicants bank or credit card. Should you have any questions regarding the application process, please contact LPLs Human Resources Solutions Center at (800) 877-7210.

Posted 6 Days AgoFull timeR-010079

As the nations leading independent broker-dealer*, we offer an

integrated platform of proprietary technology, brokerage, and

investment advisor services to more than 14,000 financial

advisors and approximately 700 financial institutions, enabling

them to help their clients turn life's aspirations into financial

realities. We also support more than 4,000 other financial

advisors with customized clearing solutions, advisory

platforms, and technology.

Weve told you what we do for our customers, but what can we

do for you? 

Well provide you with a work environment that encourages your

creativity and growth, a leadership team thats supportive and

responsive, and the opportunity to create a career that has no

limits, only amazing potential.

*As reported by Financial Planning magazine, June 1996-2017,

based on total revenue.