AVP, Operational Risk

Do you have a passion for …

Identifying inefficiencies across organizations and finding creative solutions to improve them?

Would you like to …

Facilitate organizational change through building a new team and implementing a Risk Framework?

Have you …

Worked in risk management or 2nd line change and wanted to be a part of developing a fresh approach to enterprise risk management?

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.

Job overview:

The AVP of Enterprise Risk Management will be responsible for assisting in the identification of emerging firm risks, assessing and appropriately documenting any operational, market, or credit risk that arises from inadequate or failed internal processes, people, systems or events.  The AVP will also be responsible for assisting the VP in discharging risk management responsibilities including liaising across corporate functions and key business partners such as Product, Operations, Compliance, Legal, Technology, and Internal Audit. The candidate should understand and be able to apply the intricacies of risk assessment and how to quantify the expected outcome of various risk types.

Responsibilities:

• Take ownership of risk relationships with senior business stakeholders and bring them along a risk journey to embed a new risk framework

• Conduct risk assessments from Risk and Control Self Assessments, to KRI analysis, and deep dives

• Produce and support the production of materials for senior-level risk and governance committees

• Support the business in open issues management

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:

• 5 years of experience in enterprise risk management (e.g., Internal Audit, compliance department, financial services change management, financial services regulatory body) with demonstrated career progression

• 5 years of experience working with data sets in Excel and/or Access with experience writing macros

 

Preferences:

• Strong analytical skills, both quantitative and qualitative, with high attention to detail and accuracy

• Capable of taking a project from idea to execution with minimal oversight

• Ability to identify inefficiencies across the firm and recommend creative solutions to the issues

• Ability to develop a strong opinion and defend it against challenge

 

Pay Range:

$102,920-$154,380/year

 

Actual base salary varies based on factors, including but not limited to, relevant skill, prior experience, education, base salary of internal peers, demonstrated performance, and geographic location. Additionally, LPL Total Rewards package is highly competitive, designed to support your success at work, at home, and at play – such as 401K matching, health benefits, employee stock options, paid time off, volunteer time off, and more. Your recruiter will be happy to discuss all that LPL has to offer!

 

Why LPL? 

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!

We take social responsibility seriously. Learn more here

Want to see info on our benefits?  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 (800) 877-7210.

Salary : $102,920 - $154,380