Job ID R-026147Date posted 11/17/2022Primary Location SC-Fort MillOther Locations MA-Boston , CA-Remote , CA-San Diego
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!
Excited to learn more? If so, then this could be the role 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 Regulatory Examinations and Inquiries team within LPL’s Legal department is responsible for responding to a broad range of regulatory examinations and inquiries from federal and state securities regulators, FINRA, and other SROs. The Vice President, Associate Counsel will manage a variety of regulatory matters, including serving as the principal point of contact, both internally and with regulators, and supervising other REI staff.
Additional responsibilities include advising the Firm on regulatory relations, and coordinating closely with stakeholders across the Firm on regulatory matters. The role will report to a Senior Vice President within the Regulatory team.
Manage regulatory examinations and inquiries involving the Firm and/or its associated persons. Responsibilities in this area include, among other things, evaluating legal and regulatory risk and exposure, drafting written responses and/or reviewing draft written responses prepared by analysts, negotiating productions with regulators, and representing the Firm in discussions with regulators.
Coordinate with other areas of Legal when counseling the Firm and various business units relating to federal, state and SRO rules and regulations.
Partner with investigations teams and investigative counsel to provide advice and guidance.
Work closely with Compliance, Supervision, and various business units to respond to regulators and to address issues that arise in regulatory matters.
Attend industry events and educational seminars focusing on regulatory developments and initiatives; maintain current practice knowledge through monitoring of industry related periodicals and other publications.
Contribute to team processes and procedures to continually enhance team effectiveness, efficiency and engagement.
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.
Juris Doctor Degree required
Licensed member of the bar, in good standing, in the state in which the attorney is located
Minimum of 3 years of securities regulatory experience; prior employment with a federal, state or SRO securities regulator is desirable, but not required.
Experience with the Securities Exchange Act of 1934, Investment Advisers Act of 1940, rules and regulations of self-regulatory organizations and basic corporate law principles preferred.
Ability to travel (less than 10% annually).
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.
Want to hear from our employees on what it’s like to work at LPL? Watch this!
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.