VPII, Operational Risk Management

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At LPL, people leaders hold the key to the employee experience — shaping culture, driving performance, and guiding individuals to new heights. Because when that happens, we all win – clients, LPL, and most importantly our, employees.

If you're ready to lead with intention and discover what’s possible, LPL Financial invites you to apply today.

The Operational Risk Management (ORM) organization is seeking a VPII, Operational Risk Management to help lead the continued maturity and execution of key initiatives across LPL’s Operational Risk program. The VPII will partner closely with stakeholders at all levels to design, implement, and execute processes and capabilities that allow LPL to effectively manage its operational risk exposure. This individual will manage a team of professionals who have responsibility for key components of the Operational Risk program, which aims to effectively identify, assess, mitigate, report, and monitor the firm’s Operational Risk environment.

• →Work closely with Business Units to drive implementation and ongoing improvement of key Operational Risk programs, including (but not limited to) issues management, risk event identification, risk indicator metrics, and risk and control self-assessments (RCSA).
• →Liaise with other areas of Risk and Compliance to define program requirements including (but not limited to) ad hoc risk assessments, policy and procedure development and enhancements, senior management and Board risk reporting, and other Operational Risk related functions.
• →Partner with leaders across Business Units to provide Operational Risk-related insights and guidance in support of delivering business objectives.
• →Lead a team and create an environment where team members feel informed, valued, and supported.
• →Proactively provide guidance and oversight to enterprise-wide initiatives with ability to synthesize complex problems and present clearly to senior leadership.

• →Develop testing and rating methodologies for controls, policies, and procedures. 

• 10+ years of experience in the financial services industry with experience at a regulated entity highly preferable.
• Experience implementing and executing key elements of an ORM or Enterprise Risk Management (ERM) program, such as risk assessments, risk appetite, and issues management.
• Experience communicating complex materials for an executive-level audience.
• Ability to engage on initiatives both at the strategic/design level and tactically through day-to-day execution.
• People management experience.

• Bachelor's degree in a related field
• 12+ years of experience in the financial services industry with experience at a regulated entity highly preferable.
• Experience with a Governance, Risk and Control (GRC) system.
• Working knowledge of FINRA and SEC rules and regulations and how they impact a broker dealer.
• Demonstrated financial services enterprise risk experience with a strong understanding of risk frameworks and senior-level reporting.

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(6) , LPL supports over 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.3 trillion in brokerage and advisory assets on behalf of approximately 8 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. For further information about LPL, please visit www.lpl.com.

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 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.

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.

EAC 5.19.26