Senior Vice President, Chief Privacy Officer

About the role

LPL Financial is seeking a strategic, forward-looking leader to serve as Senior Vice President and Chief Privacy Officer (CPO). Reporting directly to the LPL Chief Compliance Officer, this executive will lead the design and execution of the firm’s enterprise privacy program, ensuring effective management of privacy and information-related risks and alignment with evolving federal and state regulatory expectations. The CPO will establish an enterprise privacy framework and strategy, including policy and “privacy-by-design” frameworks, and build the high-level technology roadmap for privacy aligned to this strategy. The role involves close collaboration with Compliance, Enterprise Risk Management, Information Security, Technology, Data Governance, Legal, Internal Audit, and business leaders to strengthen privacy and AI-related risk oversight across the enterprise.

Responsibilities

• Enterprise Privacy Governance
  • Lead and continuously enhance LPL Financial’s enterprise privacy and data protection program.
  • Establish and maintain privacy governance frameworks, policies, standards, and procedures aligned with regulatory requirements and industry best practices.
  • Embed privacy risk considerations into business processes, technology solutions, products, and customer experiences.
  • Partner across the organization to advance a culture of responsible data stewardship and accountability.
• Privacy Risk Management
  • Identify, assess, monitor, and report privacy-related risks across the enterprise.
  • Lead privacy risk assessments, privacy impact assessments, and control evaluations to identify exposures and mitigation opportunities.
  • Develop and monitor key risk indicators and program metrics to measure the effectiveness of privacy controls and governance practices.
  • Collaborate with Enterprise Risk Management to integrate privacy risks into broader operational and compliance risk frameworks.
• Regulatory Compliance & Examination Management
  • Maintain oversight of compliance with applicable privacy and data protection regulations, including GLBA, Regulation S-P, state privacy laws, and other relevant requirements.
  • Monitor emerging regulatory developments and assess organizational impact.
  • Serve as the primary privacy leader during regulatory examinations, audits, inquiries, and reviews.
  • Oversee remediation efforts and sustainable corrective action plans related to privacy findings and recommendations.
• AI Governance & Responsible Innovation
  • Provide leadership within LPL’s AI Governance framework to ensure responsible and compliant use of AI and emerging technologies.
  • Partner with Compliance, Risk, Technology, Legal, and business stakeholders to develop governance standards and controls for AI-enabled solutions.
  • Assess regulatory, privacy, consumer protection, and operational risks associated with AI and advanced analytics.
  • Monitor evolving regulatory expectations related to AI governance and lead implementation of required controls and oversight practices.
• Data Protection & Incident Oversight
  • Oversee enterprise processes supporting data subject rights, consent management, privacy impact reviews, and data protection requirements.
  • Partner with Cybersecurity, Technology, and Incident Response teams to manage privacy-related incidents and data breach response activities.
  • Ensure appropriate escalation, regulatory notification, governance, documentation, and remediation processes are maintained and effective.
• Monitoring, Testing & Awareness
  • Establish monitoring and testing programs to evaluate compliance with privacy requirements and internal standards.
  • Develop and oversee privacy training and awareness initiatives to strengthen employee understanding of privacy obligations and risk management responsibilities.
  • Promote a culture of compliance, accountability, and responsible data handling throughout the enterprise.
• Executive Leadership
  • Lead and develop a team of privacy, compliance, and governance professionals.
  • Serve as a trusted advisor to executive leadership, governance committees, and risk forums on privacy, data protection, and AI-related risks.
  • Influence enterprise strategy and decision-making through effective risk-based recommendations and governance practices.
  • Build strong partnerships across Compliance, Risk, Technology, Security, Operations, and business leadership teams.

Requirements

• 15+ years of progressive leadership experience in privacy, legal, compliance, risk management, data protection, cybersecurity governance, operational risk, or related disciplines.
• Understanding of privacy and data protection regulations impacting financial services organizations, including GLBA, Regulation S-P, and applicable state privacy requirements.
• Experience within a broker-dealer, registered investment advisor, bank, fintech, or other highly-regulated financial services organization.
• Understanding of technology tools and applications in the financial services industry, including significant experience with AI governance, responsible AI, or model governance.
• Experience building, leading, and maturing enterprise compliance, governance, or risk management programs.
• Demonstrated success working with regulators, auditors, executive leadership teams, and governance committees.

Preferred Qualifications

• Juris Doctor (J.D.) from an accredited law school and/or significant experience advising on privacy, data protection, regulatory, technology, or governance matters within a highly-regulated environment.
• Experience working for a federal financial services regulator (e.g., the SEC).
• Experience serving as a Chief Privacy Officer, Head of Privacy, Compliance Executive, Risk Executive, or similar enterprise governance leader.
• Professional certifications such as:
  • Certified Information Privacy Professional (CIPP)
  • Certified Information Privacy Manager (CIPM)
  • Certified Regulatory Compliance Manager (CRCM)
  • Certified Information Systems Security Professional (CISSP)

Pay

$240,000.00 – $290,000.00. Actual base salary varies based on factors including relevant skill, prior experience, education, internal peer base salary, demonstrated performance, and geographic location. LPL Total Rewards package includes 401K matching, health benefits, employee stock options, paid time off, volunteer time off, and more.