VP, Assistant General Counsel Trading, Operations and Lending

Are you a team player and great communicator? Are you curious to learn? Are you interested in working in meaningful projects? Do you want to work with cutting-edge technology? Are you interested in being part of a team that is working to transform and do things differently? If so, LPL Financial is the place for you!

Are you a team player and great communicator? Are you curious to learn? Are you interested in working in meaningful projects? Are you interested in being part of a team that is working to transform and do things differently? If so, LPL Financial is the place for you!

Job Overview:
The Advisory, Brokerage, and Commercial team is actively seeking an effective, efficient, and pragmatic attorney who works well with others, and is passionate about helping LPL meet its legal obligations and grow its business. This position will be responsible for providing a broad range of in-house legal services and advice, with a primary focus on requirements that apply to broker-dealers and investment advisers in the areas of trading, operations, and lending.

Responsibilities:

• The ideal candidate will be able to thoughtfully consider legal issues and use good judgment to reach practical results, while ensuring that regulatory requirements are consistently met.

• Interpret and apply statutes, regulations, and regulatory guidance to the development of policies, procedures, and business initiatives.  Requires superior judgment and aptitude for reading and interpreting relevant regulations and guidance. Familiarity with securities brokerage or financial industry regulation and compliance required.

• Adapt quickly to dynamic environments and independently manage multiple project and committee assignments and deadlines.

• Advise our internal business partners about risk areas and provide legal guidance regarding firm policies and procedures.

• Draft and review agreements pertaining to areas of coverage.

• Please note: Additional responsibilities or duties assigned as needed or determined, occasionally on an urgent basis.

• Our team is focused on delivering an industry-leading client service and risk management experience by providing advisors and our internal business partners with proactive guidance, advice, advocacy and consultative partnerships.

What are we looking for? 
We want strong collaborators who can deliver a world-class client experience. We are looking for people who thrive in a fast-paced environment, are client focused, team oriented, and are able to execute in a way that encourages creativity and continuous improvement.

Requirements:

• JD from a nationally accredited law school; admitted to practice law, and in good standing, in at least one jurisdiction in the U.S.

• 10 plus years of experience counseling on laws, rules and regulations impacting the financial services industry

• Experience at a company in the financial services industry, law firm, or a regulator.  

Core Competencies:

• Ideal candidate has worked with a focus on one or more of the following and an aptitude and interest to learn others: trading (execution and related reporting); operations (statements, reserves, custody, account opening, and related books and records); lending (margin, non-purpose, and stock lending); investor facing websites and mobile applications; resolving customer issues involving vulnerable investors, or arising from death or divorce; and, providing advice to compliance, risk and business units on product development, policies and procedures; and, occasionally assisting with regulatory inquiries as to these issues.

• The ability to manage, train, and motivate other attorneys

• Strong organizational and project management skills, including the ability to handle multiple projects and manage deadlines in a fast-paced and demanding work environment

• Excellent written and oral communication skills

• Good interpersonal skills and ability to interact with members of senior management as well as adaptability and willingness to take on a wide variety of new tasks in a fast-paced environment

#LI-PA

Pay Range:

Company Overview:

LPL Financial Holdings Inc. (Nasdaq: LPLA) was founded on the principle that the firm should work for advisors and institutions, and not the other way around. Today, LPL is a leader in the markets we serve, serving more than 23,000 financial advisors, including advisors at approximately 1,000 institutions and at approximately 580 registered investment advisor ("RIA") firms nationwide. We are steadfast in our commitment to the advisor-mediated model and the belief that Americans deserve access to personalized guidance from a financial professional.

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.

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.

EAC1.22.25