Job ID R-026883Date posted 11/17/2022Primary Location SC-Fort Mill
Are you a team player? 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!
LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader* in the markets we serve, supporting more than 18,000 financial advisors, 800 institution-based investment programs and 450 independent RIA firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to personalized guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients.
The Investigations Group within LPL’s Legal department is responsible for investigating matters involving potential fraud and/or misconduct by the Firm’s associated persons, employees, contractors and vendors, as well activities, business practices or misconduct that involves violations of firm policies, procedures, or processes. The group also proactively identifies potential areas of exposure within the company and provides advice to senior management and appropriate firm committees.
The Vice President, Investigations will report to the Head of Investigations and will manage a team of other lawyers and investigators. The successful candidate will have an understanding of broker dealer regulations and prior experience conducting and coordinating investigations, leading a team of investigators and analysts, and providing investigative findings to appropriate parties. This role interacts frequently with the firm’s Legal, Compliance, Risk, and Operations departments and works closely with Anti-Money Laundering, Business Risk Management, Litigation, and Whistleblower teams.
Evaluate legal, financial, regulatory and reputational risk in investigative referrals and escalate to senior management as needed; act as a liaison with other LPL departments to coordinate investigative efforts.
Manage a team of investigators and provide guidance and counsel on the team’s investigations; conduct, coordinate, and supervise significant internal investigations.
Identify, advance and oversee productivity and efficiency initiatives within the group.
Provide leadership to address key strategic initiatives and opportunities, working in collaboration with multiple functions and business channels.
What are we looking for?
We want lawyers who are strong collaborators and 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.
Juris Doctor degree required, with admission in good standing to a State Bar.
Minimum of seven years’ experience in-house at a broker/dealer, securities-related regulatory entity, law enforcement agency, or a law firm, with significant exposure to investigation practices and procedures involving misappropriation, theft, fraud, etc.
Deep understanding of the financial services regulatory framework and the rules and regulations particular to broker dealers and investment advisors.
Ability to travel as needed.
Excellent oral and written communication skills, including substantial experience in conducting interviews.
Possess superior judgment and aptitude for evaluating investigative referrals in a timely and substantive manner with strong interpersonal skills and an ability to interact with senior business and compliance partners across the firm.
Proven ability to multi-task.
At LPL, we believe that objective financial guidance is a fundamental need for everyone. As the nation’s leading independent broker-dealer, we offer an integrated platform of proprietary technology, brokerage, and investment advisor services. We provide you with a work environment that encourages your creativity and growth, a leadership team that is supportive and responsive, and the opportunity to create a career that has no limits, only amazing potential.
We are one team on one mission. We take care of our advisors, so they can take care of their clients.
Because our company is not too big and not too small, you can seize the opportunity to make a real impact. We are committed to supporting workplace equality, and we embrace the different perspectives and backgrounds of our employees.We also care for our communities, and we encourage our employees to do the same. This creates an environment in which you can do your best work.
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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 (800) 877-7210.