AVP, Compliance Testing

What if you could build a career where ambition meets innovation? At LPL Financial, we empower professionals to shape their success while helping clients pursue their financial goals with confidence. What if you could have access to cutting-edge resources, a collaborative environment, and the freedom to make an impact? If you're ready to take the next step, discover what’s possible with LPL Financial.

Job Overview

LPL Financial is seeking an experienced and strategic Assistant Vice President (AVP), Compliance Testing to join our Compliance team. This role is responsible for overseeing the execution of compliance testing engagements and ensuring the effectiveness of the firm’s compliance control framework. The AVP will provide leadership, guidance, and oversight to the Compliance Testing team, ensuring adherence to regulatory obligations and internal standards while driving continuous improvement in testing methodologies.

Responsibilities

• Provide oversight and leadership for the Compliance Testing function, ensuring timely and accurate execution of risk-based testing engagements.

• Develop and enhance the compliance testing methodology to evaluate the design and operating effectiveness of controls against regulatory requirements.

• Review and approve testing plans, workpapers, and reports to ensure quality and consistency across engagements.

• Serve as a key point of escalation for complex testing issues and provide guidance to resolve control gaps or weaknesses.

• Communicate testing results, trends, and recommendations to senior and executive management, support remediation planning and issue validation.

• Foster collaboration with compliance subject matter experts (SMEs) and other internal partners to ensure alignment and consistency across compliance programs.

• Drive strategic initiatives to strengthen the compliance testing program and support enterprise-wide compliance objectives.

• Maintain and enhance team capabilities through training, mentoring, and promoting best practices.

What Are We Looking For?

We’re looking for collaborators who deliver exceptional client experiences and thrive in fast-paced, team-oriented environments. Our ideal candidates pursue greatness, act with integrity, and are driven to help our clients succeed. We value those who embrace creativity, continuous improvement, and contribute to a culture where we win together and create and share joy in our work.

Requirements

• Bachelor’s degree in business, Finance, or a related field.

• Minimum of 5 years of experience in the financial services industry, with a strong focus on compliance testing and regulatory oversight.

• In-depth knowledge of broker-dealer and investment advisor regulatory obligations.

• Proven ability to lead teams and manage multiple priorities effectively.

• Analytical and problem-solving skills with exceptional attention to detail.

• Excellent communication skills, including experience presenting to senior and executive leadership.

• Advanced proficiency in Microsoft Excel, Word, PowerPoint, SharePoint, and Smartsheet.

Preferences

• Experience managing compliance testing programs in large, complex organizations.

• Familiarity with governance, risk, and compliance (GRC) platforms (e.g., Archer, MetricStream).

• Exposure to data visualization tools (e.g., Power BI, Tableau) and process improvement methodologies.

#LI-PA

 

Pay Range:

$104,983-$174,971/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!

 

Company Overview:

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 an