VP, Assistant General Counsel- AI

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 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.

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.

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

• 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.

Core Competencies

• 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.

Preferences

• 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

Pay Range:

$172,036-$286,726/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(6) , LPL supports over 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.3 trillion in brokerage and advisory assets on behalf of approximately 8 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 business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

At LPL, independence means that advisors and institution leaders have the freedom they deserve to choose the business model, services, and technology resources that allow them to run a thriving business. They have the flexibility to do business their way. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors and institutions, so they can take care of their clients.

For further information about LPL, please visit www.lpl.com.

Join LPL Financial: Where Your Potential Meets Opportunity

At LPL Financial, we believe that everyone deserves objective financial guidance. As the nation's leading independent broker-dealer, we offer an integrated platform of cutting-edge technology, brokerage, and investment advisor services.

Why LPL?

• Innovative Environment: We foster creativity and growth, providing a supportive and responsive leadership team. Learn more about our leadership team here!

• Limitless Career Potential: Your career at LPL has no limits, only amazing potential. Learn more about our careers here!

• Unified Mission: We are one team on one mission-taking care of our advisors so they can take care of their clients. Learn more about our mission and values here!

• Impactful Work: Our size is just right for you to make a real impact. Learn more here!

• Commitment to Equality: We support workplace equality and embrace diverse perspectives and backgrounds. Learn more here!

• Community Focus: We care for our communities and encourage our employees to do the same. Learn more here!

• Benefits and Total Rewards: Our Total Rewards package goes beyond just compensation and insurance. It includes a mix of traditional and unique benefits, perks, and resources designed to enhance your life both at work and at home. Learn more here!

Join the LPL team and help us make a difference by turning life's aspirations into financial realities. Please log in or create an account to apply to this position. Principals only. EOE.

Information on Interviews:

LPL will only communicate with a job applicant directly from an @lplfinancial.com email address and will never conduct an interview online or in a chatroom forum. During an interview, LPL will not request any form of payment from the applicant, or information regarding an applicant's bank or credit card. Should you have any questions regarding the application process, please contact LPL's Human Resources Solutions Center at (855) 575-6947.

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