VP, Associate General Counsel

Are you a team player? Are you curious to learn? Are you interested in working in meaningful projects? Do you want to work with cutting-edge technology? Are you interested in being part of a team that is working to transform and do things differently? If so, LPL Financial is the place for you! Excited to learn more? If so, then this could be the role for you! LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around.
Today, LPL is a leader* in the markets we serve, supporting more than 18,000 financial advisors, 800 institution-based investment programs and 450 independent RIA firms nationwide.
We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to personalized guidance from a financial advisor.
At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice.
And they have the freedom to manage their client relationships, because they know their clients best.
Simply put, we take care of our advisors, so they can take care of their clients.
Job Overview: LPL Financial is seeking an experienced and energetic Attorney to join our Litigation and Arbitration team.
This position will be responsible for providing a broad range of in-house legal services and advice, with a primary focus on defending the firm and its Financial Professionals in FINRA arbitrations and litigation matters, whether through trials, hearings, mediations or direct settlement negotiations.
This position will also manage a docket of cases handled by outside counsel.
The Litigation and Arbitration team is actively seeking an effective, efficient, pragmatic attorney who works well with others, and is passionate about defending cases in arbitration and litigation, or negotiating favorable resolutions.
The ideal candidate will be able to thoughtfully consider legal issues and use good judgment to reach practical results, while ensuring that time-critical deadlines are consistently met.
Our team is focused on delivering an industry-leading client service and risk management experience by providing advisors and our internal business partners with proactive guidance, advice, advocacy and consultative partnerships.
Responsibilities: Defend litigation and arbitration matters brought against the firm and its Financial Professionals.
Evaluate legal and regulatory risk and exposure, control own calendar, draft pleadings, argue motions, manage discovery, and handle settlement negotiations and/or the trial or arbitration hearing.
Work and communicate in a timely, effective manner with our in-house team of attorneys, paralegals and assistants, as well as outside counsel and insurers.
Interpret and apply legal and regulatory guidance to defense of cases.
Requires superior judgment and aptitude for reading and interpreting relevant legal precedents, statutes and industry regulations.
Familiarity with brokerage or financial industry regulation and compliance a strong plus.
Report and log all relevant case-related data into the company’s case tracking system on a timely, accurate and consistent basis.
Be able to promptly summarize and report on matters for management review and consideration.
Adapt quickly to dynamic environments and independently manage multiple litigation and arbitration caseload assignments and deadlines, plus other assignments, cases and projects within the team.
Advise our internal business partners about risk areas and provide legal guidance regarding firm policies and procedures.
Monitor insurance status of claims and participate in claims meetings and negotiations where applicable.
Handle internal and external client and outside counsel contacts in a timely, professional, courteous, and confidential manner.
Please note: Additional responsibilities or duties assigned as needed or determined, occasionally on an urgent basis.
What are we looking for? We want strong collaborators who can deliver a world-class client experience.
We are looking for people who thrive in a fast-paced environment, are client-focused, team oriented, and are able to execute in a way that encourages creativity and continuous improvement.
Requirements: Juris Doctorate degree from an ABA-accredited law school.
Licensed member in good standing of the state bar in which you are located while working for LPL.
At least 7 years of arbitration/litigation experience, preferably serving the financial services industry in the broker-dealer and investment advisory field.
Core Competencies: Clear, effective and efficient communication abilities, including in-person and video presentations, and excellent writing skills, with a demonstrated ability to work well with other people.
Strong strategic, tactical, organizational and dispute resolution negotiation skills with a proven ability to multi-task and prioritize work in a fast-paced, high-pressure environment.
Proficient computer knowledge in Microsoft Office suite applications, including Word, Excel, PowerPoint and other litigation-related systems.
Ability to travel and work on legal proceedings as needed, sometimes on short notice.
Preferences: Strong knowledge of the FINRA Dispute Resolution Code of Arbitration Procedure (both customer and intra-industry disputes) A working familiarity of how federal and state securities laws can affect arbitrations and litigation A working knowledge and experience with investment products and services.
Pay Range: $173,600-$260,400/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! Why LPL? At LPL, we believe that objective financial guidance is a fundamental need for everyone.
As the nation’s leading independent broker-dealer, we offer an integrated platform of proprietary technology, brokerage, and investment advisor services.
We provide you with a work environment that encourages your creativity and growth, a leadership team that is supportive and responsive, and the opportunity to create a career that has no limits, only amazing potential.
We are one team on one mission.
We take care of our advisors, so they can take care of their clients.
Because our company is not too big and not too small, you can seize the opportunity to make a real impact.
We are committed to supporting workplace equality, and we embrace the different perspectives and backgrounds of our employees.
We also care for our communities, and we encourage our employees to do the same.
This creates an environment in which you can do your best work.
Want to hear from our employees on what it’s like to work at LPL? Watch this! We take social responsibility seriously.
Learn more here Want to see info on our benefits? Learn more here Join the LPL team and help us make a difference by turning life’s aspirations into financial realities.
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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 (800) 877-7210.