AVP, Compliance Risk Assessment

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 a dynamic and experienced Assistant Vice President (AVP), Compliance Risk Assessment & Testing to join our Compliance team. This role plays a critical part in identifying and mitigating compliance risks across the organization by leading risk assessments and evaluating the operating effectiveness of control frameworks. The AVP will collaborate with cross-functional teams and senior leadership to ensure regulatory compliance and operational excellence.

Responsibilities:

• Lead and execute risk-based compliance control assessments and testing engagements.

• Collaborate with compliance subject matter experts (SMEs) to identify, assess, and document compliance risks.

• Evaluate the design and operating effectiveness of controls to mitigate risks related to regulatory non-compliance.

• Provide consultative support on the development and enhancement of controls to address identified gaps.

• Present findings and recommendations to senior and executive management; facilitate remediation planning and issue validation.

• Analyze and provide feedback on process taxonomies to support enterprise-wide risk assessments.

• Align with internal partners including Internal Audit, Risk, and Operations to ensure consistency and integration across risk functions.

• Contribute to the strategic development of the CRA program.

What are we looking for?

We’re looking for strong 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 risk assessments and/or testing.

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

• Proven ability to communicate effectively across all levels of the organization, including senior and executive leadership.

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

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

• Solid understanding of risk management frameworks and control design principles.

Preferences:

• Experience conducting or supporting risk assessments in large, complex organizations.

• Hands-on experience with issue management, validation, and remediation planning.

• Familiarity with Process, Risk, and Control (PRC) libraries and governance frameworks.

• Exposure to GRC platforms (e.g., Archer, MetricStream) and data visualization tools (e.g., Power BI, Tableau) is a plus.

#LI-PA

 

Pay Range:

$99,825-$166,375/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. LPL supports over 29,000 financial advisors and the wealth-management practices of 1,100 financial institution, servicing and custodying approximately $1.9 trillion in brokerage and advisory assets on behalf of approximately 7 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