EVP, Chief Compliance Officer

LPL Financial•Fort Mill, SC

1d•$300,000 - $500,000

About The Position

The Executive Vice President, Chief Compliance Officer leads LPL Financial’s enterprise Compliance and Privacy programs across its broker-dealer and registered investment adviser businesses. The role sets the strategic direction for compliance, strengthens risk-based oversight, and advises senior leaders, business partners, regulators, and governance bodies. It balances regulatory and privacy standards with the innovation and risk-taking needed to advance the firm’s products, platforms, services, and technology. The CCO oversees a large, multidisciplinary organization and is accountable for the design, execution, and continuous improvement of enterprise Compliance and Privacy programs. Areas of oversight include policy management, anti-money laundering and fraud, compliance education, regulatory change management, investment adviser compliance, branch examinations, compliance advice and guidance, senior investor protection, electronic communications, compliance testing, privacy governance and regulatory compliance, and related governance activities. Working with business, technology, product, legal, risk, operations, and other leaders, the CCO embeds compliance and privacy considerations into new products, services, AI-enabled capabilities, data uses, and business processes. The role supports responsible innovation by identifying risks and practical solutions early, and by using data, technology, automation, and AI where appropriate to strengthen oversight.

Requirements

15+ years of progressive compliance, regulatory, legal, risk, or related financial services experience, including significant leadership experience within a large, complex, highly regulated financial institution.
10+ years leading senior-level compliance functions or teams, with demonstrated ability to inspire, develop, and retain high-performing teams and leaders.
Deep broker-dealer and registered investment adviser expertise, including knowledge of applicable SEC and FINRA rules and expectations for supervisory controls, sales practices, conflicts of interest, communications, branch oversight, testing, surveillance, and investment adviser compliance.
Experience serving as, or operating at the level of, a Chief Compliance Officer or senior deputy CCO for a large broker-dealer, RIA, wealth management, asset management, banking, or similarly complex financial services organization.
Ability to design, operate, and continuously enhance enterprise compliance programs, including policies and procedures, monitoring and surveillance, testing, regulatory change management, issue management, governance, and reporting.

Nice To Haves

Experience leading or providing executive oversight of an enterprise Privacy program, including privacy governance, data-use considerations, regulatory compliance, monitoring, and accountability.
Experience overseeing or closely partnering with AML, fraud, financial crimes, electronic communications, surveillance, branch examinations, senior investor protection, and conflicts-of-interest programs.
Experience developing a technology-enabled compliance operating model using data analytics, automation, machine learning, or AI to improve monitoring, surveillance, testing, risk identification, and management information.
Experience overseeing transformational change involving compliance operating models, technology modernization, organizational redesign, or regulatory remediation.
Ability to advise Boards, executive leadership, and senior management on material compliance issues, emerging risks, regulatory developments, and the effectiveness of the firm’s compliance framework.
Juris Doctor, MBA, or other relevant advanced degree.
Relevant professional certifications such as FINRA Series 7 and 24, or ability to obtain required registrations following appointment, depending on the position’s regulatory responsibilities.

Responsibilities

Set and execute the enterprise Compliance strategy, aligning regulatory obligations, privacy requirements, risk appetite, business priorities, advisor needs, and client outcomes.
Own the design, maintenance, and effectiveness of LPL’s Compliance and Privacy programs, including policies, procedures, controls, monitoring, surveillance, testing, issue management, regulatory change management, and governance.
Lead the firm’s Privacy program, establishing governance, policies, oversight, monitoring, and accountability to protect personal information and meet applicable privacy requirements.
Provide compliance oversight for LPL’s broker-dealer and registered investment adviser firms, advisors, sales practices, branch activity, products, communications, and marketing materials.
Engage Compliance and Privacy early in the development of products, services, technology, data uses, and AI-enabled capabilities, identifying risks and practical solutions.
Partner with Technology, Product, Legal, Risk, Operations, and business leaders to establish guardrails for AI, automation, and data use that support innovation while managing regulatory, privacy, and client risks.
Develop a forward-looking compliance model that anticipates regulatory and technological change and uses data, technology, automation, and AI where appropriate to improve monitoring, insights, and oversight.
Lead, develop, and retain a large, multidisciplinary organization; establish accountability, succession plans, operating rhythms, performance expectations, and a culture of high standards and continuous improvement.
Participate in responses to regulatory examinations, inquiries, investigations, and remediation commitments, and maintain relationships with the SEC, FINRA, state regulators, and other authorities.
Design and direct supervisory control and compliance testing programs, including work supporting FINRA Rules 3120 and 3130.
Report material gaps, trends, emerging risks, and corrective actions to senior management and appropriate governance bodies.
Establish and oversee the framework for identifying, assessing, disclosing, mitigating, and monitoring conflicts of interest.