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!  

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. 

#LI-hybrid

Pay Range:

$180,100-$300,100/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) was founded on the principle that the firm should work for advisors and institutions, and not the other way around. Today, LPL is a leader in the markets we serve, serving more than 23,000 financial advisors, including advisors at approximately 1,000 institutions and at approximately 580 registered investment advisor ("RIA") firms nationwide. We are steadfast in our commitment to the advisor-mediated model and the belief that Americans deserve access to personalized guidance from a financial professional.

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.

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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