AVP, Committee Governance - Program Compliance

LPL Financial•Fort Mill, SC

About The Position

The Assistant Vice President, Committee Governance role will be part of the LPL Program Compliance team and will serve as the secretary of the Regulatory Compliance Risk Committee (RCRC) and New Offerings Risk Committee (NORC). This individual will leverage compliance and risk expertise to lead in the planning and execution of a comprehensive roadmap to transform product risk. The ideal candidate will have a demonstrated track record of influencing senior and executive leadership, deep knowledge and passion for investment products, and strong interpersonal skills to engage across stakeholder groups and lead key product strategic initiatives. We are looking for candidates who are adept at working with large data sets, finding insights, making presentations that tell stories from data insights, and creating committee accountability reports. The AVP role will also be responsible for coordinating a cross-organizational product risk transformation effort, working closely with leaders from across the organization, driving towards a common goal. In this role you will support the Program Compliance department in a variety of ways including managing the “business as usual” (BAU) operating routines for the RCRC and NORC, including assisting in strategy formulation and prepping committee materials, researching and resolving department-level issues, and owning program/project management responsibilities for key initiatives. This role requires close collaboration with key cross functional partners across the firm.

Requirements

Bachelor’s degree in Finance, Business Administration or equivalent work experience
5+ years of experience in Financial Services compliance
Experience managing projects or programs
Strategic thinker who can take broad visions and concepts and develop structured plans, actions, and measurable metrics and then drive cross-functional execution of those plans
Excellent communication skills, with the ability to partner effectively with various levels within the organization and influence key decisions
Ability to build presentations that convey a clear story supported by data findings
Comfortable in ambiguous situations – self-starter and self-learner
Multi-tasking skills with the ability to manage complex deliverables and meet strict deadlines
Must be able to work both autonomously and in highly collaborative ways
Excellent written and verbal communication skills
Teamwork orientation and a learn & grow attitude

Nice To Haves

FINRA series 7 and 24

Responsibilities

Serving as the Secretary of the Regulatory Compliance Risk Committee and New Offerings Risk Committee, which includes Consulting with Senior Leadership to guide them through the committee process
Credibly challenging submissions to ensure adequacy and completeness
Drafting, circulating, and maintaining comprehensive meeting minutes to clearly articulate committee outcomes
Credibly challenging product risks and assumptions across stakeholder groups
Developing and implementing frameworks to enable consistent and rigorous monitoring across investment product types
Play a lead role in planning and executing a comprehensive roadmap to transform and mature the product risk function
Developing key product monitoring metrics to Identify and escalate product level breaches to Senor Leadership
Leverage data to define project goals, identify opportunities for process improvements, track performance metrics, and assist Compliance with making data driven strategic decisions
Conduct in-depth analysis to identify risks, trends, wins, and potential issues, providing actionable insights for leadership.
Develop dashboards, reports, and presentations to communicate to senior leadership and executive stakeholders on key risk indicators and control effectiveness.
Leverage data to achieve executive buy-in: Incorporate data, including voice of the client and competitive intelligence, to facilitate compelling story-telling that leads to cross-functional executive alignment.
Use data to assess current processes, recommend improvements, and implement optimized workflows.
Develop best practices and standardized procedures and/or infrastructures for the supported models to follow.