Regional AVP Supervision

LPL Financial

3d•Onsite

About The Position

LPL Financial is seeking an Assistant Vice President (AVP) to provide operational and day-to-day support to the Supervision VP and their direct employees within dedicated regions. This role involves ensuring the successful completion of supervisory functions, leading strategic projects, and acting as a liaison between assigned regions and firm stakeholders on risk and supervision matters. The AVP will also manage escalations, coordinate with internal departments, and contribute to departmental initiatives aimed at improving efficiency, streamlining processes, and enhancing risk mitigation capabilities. A key aspect of the role is interpreting FINRA, SEC, and state regulations, developing and applying policies, and communicating project status to senior management.

Requirements

Undergraduate degree in Business, Accounting, Finance, or related discipline
A minimum of 7+ years experience in supervision, compliance and/or regulatory matters
Series 7, 9 and 10 (or Series 24); Series 66 (or S63 and S65)
Ability to manage competing deadlines and possess strong organizational skills
Oral and written communication skills
Industry acumen, self-starter and the ability to work independently
Ability to multi-task, prioritize, problem solve, trouble shoot and follow-up are essential in this role
Prioritize tasks and project management
Knowledge in all Microsoft applications; particularly, Excel, Word, Access, and PowerPoint

Nice To Haves

Prior leadership/team management experience

Responsibilities

Support Vice President and regional supervisory teams with escalations while maintaining positive relationships with Advisors, Field Leadership and internally throughout the firm.
Engage and coordinate with Business Consultants and other internal departments to socialize concerns and escalated matters with senior leaders as needed.
Lead departmental initiatives that create efficiencies, streamline processes, and improve risk mitigation capabilities that align with corporate goals.
Monitor workload and staffing for designated regions to ensure staff adheres to service level agreements.
Strategize with management on approach to build or change current processes / procedures, including resources needed, requirements with which to comply, timeline for implementation, and ways with which to actively supervise these processes.
Interpret FINRA, SEC, and state regulations and develop and apply certain policies and procedures within the scope of the current regulatory environment in an attempt to mitigate risk and protect the firm.
Communicate status and project outline to management and set the specific direction of a project, lead, and maintain an overall vision of the initiative/project.
Interact appropriately and confidently with Senior Management.
Serve as a key contact for internal departments, such as Operations, Service Center, and various departments across Client Success.
Anticipate the needs of LPL Financial and the Client Success organization in order to be able to define next steps with projects and other functions and be able to independently drive/execute projects.
Identify specific regulatory issues, the application of regulatory requirements, and provision of advice on these rules and create and maintain internal policies, controls, etc.
Identify and report significant gaps in policy, procedure and controls to management, while offering corrective actions for consideration and implementation.
Identify problem areas, analyze risk for LPL Financial and develop policy, procedure and controls to effectively supervise and mitigate said risk.