VP, Assistant General Counsel- AI

LPL Financial•San Diego, CA

About The Position

LPL is seeking a highly skilled and experienced Vice President, Assistant General Counsel- AI to join our Legal Privacy team and serve as an AI Champion. This role will advise on the legal, regulatory, and ethical considerations related to artificial intelligence across the enterprise, including the evaluation of third-party AI tools, development of proprietary models, and the governance of data used to train and operate such systems. The attorney will partner closely with the AI team, Product, Cybersecurity, Technology, Risk, and business stakeholders to ensure compliant and responsible AI development and use across the organization. This role combines deep subject-matter expertise in AI, privacy, financial services regulations, and technology with the ability to execute in a fast-paced environment, manage complex matters under tight deadlines, and provide practical, business-oriented advice. The attorney will also support contract negotiation and drafting, including AI-specific terms, and play a critical role in strengthening the firm’s AI governance program, data protection practices, and risk-management processes.

Requirements

Juris Doctor (JD) from an accredited law school; licensed to practice in at least one U.S. jurisdiction.
8–12+ years of legal experience, with a strong background in:
Broker-dealer and registered investment advisory regulatory compliance (SEC, FINRA, MSRB).
AI, data privacy, cybersecurity, and technology law.
Regulatory Expertise: Strong working knowledge of AI-related laws and guidance (e.g., EU AI Act, U.S. state AI and privacy laws, sector-specific regulations, federal proposals), as well as privacy and cybersecurity frameworks (GLBA, Reg S-P, NIST, FFIEC).
Technical Curiosity and Fluency: Ability to understand AI concepts (e.g., training data, model architectures, bias/variance, evaluations, prompt injection, data lineage) and translate technical details into legal implications.
Risk-Based Judgment: Skilled in assessing complex fact patterns and delivering balanced, pragmatic legal advice.
Contracting and Negotiation: Experience drafting and negotiating technology, data-use, licensing, and AI-specific agreements.
Cross-Functional Collaboration: Comfort working with technologists, product teams, risk partners, and senior leaders.
Strategic Thinking: Ability to anticipate regulatory trends and emerging risks and guide sustainable governance practices.
Communication Excellence: Clear, concise written and verbal communication that enables informed decision-making.
Execution Under Pressure: Demonstrated ability to meet deadlines, manage competing priorities, and operate effectively in a high-demand environment.
Ethical and Responsible AI Mindset: Strong orientation toward fairness, transparency, accountability, and safe use of data.
Ability to translate complex AI and regulatory concepts into actionable legal advice.
Experience advising on AI model validation, surveillance algorithms, and automated compliance tools.

Nice To Haves

Experience advising on AI model governance, algorithmic accountability, and data ethics.
Strong contract negotiation and drafting skills.
Familiarity with securities laws, data mapping, and product development.
In-house experience in a financial services organization a plus.
CIPP/US, CIPP/E, CIPM, or CIPT (IAPP)
AI Governance or AI Risk Certifications, such as:
IAPP AIGP (Artificial Intelligence Governance Professional)
ICA AI Governance Certification
MIT, Stanford, or Oxford AI governance programs
Cybersecurity Certifications (if relevant to scope): ISC2 CC, CISSP, or SSCP (awareness-level acceptable)
Technology/AI Fundamentals Certifications, such as: Microsoft AI-900 (AI Fundamentals) Google Cloud Generative AI Credential IBM Applied AI certificate

Responsibilities

Serve as a primary legal advisor on AI-related matters, including regulatory requirements, risk mitigation, model governance, and data protection.
Support the evaluation, review, and onboarding of new AI tools, including analysis of data use, model behavior, licensing, and compliance impacts.
Advise on the design, development, and deployment of proprietary AI models, ensuring alignment with applicable laws, industry standards, and internal governance policies.
Draft, negotiate, and manage AI-specific contract terms, including terms of use, data-use provisions, and AI addenda for vendor relationships.
Provide legal guidance on privacy, cybersecurity, technology, and financial services regulatory requirements implicated by AI use cases.
Partner with AI Governance, Risk, Engineering, Technology, and business teams to develop and enhance policies, controls, and best practices for responsible AI.
Assess and communicate legal risks associated with AI and data use, providing clear, practical recommendations to business leadership.
Monitor and interpret emerging AI, privacy, and technology regulations, advising stakeholders on operational impacts and readiness planning.
Support incident response related to AI or data-related events, coordinating with cybersecurity and privacy teams as needed.
Contribute to enterprise training, awareness, and change-management efforts related to responsible AI and data governance.
Advise on legal and regulatory issues related to the use of AI in broker-dealer functions, including trade surveillance, client onboarding, and compliance automation.
Provide legal support for AI model validation and development, explainability, accuracy and risk assessments.