What if you could 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. What if you could 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 Overview:
LPL Financial is seeking a dynamic and experienced Assistant Vice President (AVP), Compliance Risk Assessment & Testing to join our Compliance team. This role plays a critical part in identifying and mitigating compliance risks across the organization by leading risk assessments and evaluating the operating effectiveness of control frameworks. The AVP will collaborate with cross-functional teams and senior leadership to ensure regulatory compliance and operational excellence.
Responsibilities:
Lead and execute risk-based compliance control assessments and testing engagements.
Collaborate with compliance subject matter experts (SMEs) to identify, assess, and document compliance risks.
Evaluate the design and operating effectiveness of controls to mitigate risks related to regulatory non-compliance.
Provide consultative support on the development and enhancement of controls to address identified gaps.
Present findings and recommendations to senior and executive management; facilitate remediation planning and issue validation.
Analyze and provide feedback on process taxonomies to support enterprise-wide risk assessments.
Align with internal partners including Internal Audit, Risk, and Operations to ensure consistency and integration across risk functions.
Contribute to the strategic development of the CRA program.
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:
Bachelor’s degree in Business, Finance, or a related field.
Minimum of 5 years of experience in the financial services industry, with a strong focus on compliance risk assessments and/or testing.
In-depth knowledge of broker-dealer and investment advisor regulatory obligations.
Proven ability to communicate effectively across all levels of the organization, including senior and executive leadership.
Strong analytical and problem-solving skills with exceptional attention to detail.
Advanced proficiency in Microsoft Excel, Word, PowerPoint, SharePoint, and SmartSheet.
Solid understanding of risk management frameworks and control design principles.
Preferences:
Experience conducting or supporting risk assessments in large, complex organizations.
Hands-on experience with issue management, validation, and remediation planning.
Familiarity with Process, Risk, and Control (PRC) libraries and governance frameworks.
Exposure to GRC platforms (e.g., Archer, MetricStream) and data visualization tools (e.g., Power BI, Tableau) is a plus.
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Pay Range:
$99,825-$166,375/yearCompany 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 29,000 financial advisors and the wealth-management practices of 1,100 financial institution, servicing and custodying approximately $1.9 trillion in brokerage and advisory assets on behalf of approximately 7 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.
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 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. Learn more about our leadership team here!
Limitless Career Potential: Your career at LPL has no limits, only amazing potential. Learn more about our careers here!
Unified Mission: We are one team on one mission—taking care of our advisors so they can take care of their clients. Learn more about our mission and values here!
Impactful Work: Our size is just right for you to make a real impact. Learn more here!
Commitment to Equality: We support workplace equality and embrace diverse perspectives and backgrounds. Learn more here!
Community Focus: We care for our communities and encourage our employees to do the same. Learn more here!
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. Learn more here!
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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