Vice President, AI Risk and Governance

About the Role

At LPL, people leaders hold the key to the employee experience—shaping culture, driving performance, and guiding individuals to new heights. This role oversees risk governance, including artificial intelligence and other programs to support a strong risk culture that prioritizes risk identification and collaboration across the three lines of defense. The VP will lead the day-to-day execution and continued maturation of the firm’s enterprise AI governance program, accountable for assessing and overseeing AI risk across LPL’s business functions, maintaining a defensible governance framework, and partnering across functions to enable responsible AI adoption at pace. This is a builder-operator role for a dynamic risk professional who can preserve examination-defensible standards within an evolving regulated landscape and serve as a credible challenge partner to business, technology, and control functions.

Responsibilities

• Maintain and evolve the AI governance framework, policies, and standards in alignment with current and emerging regulatory landscape and frameworks.
• Oversee, conduct, and challenge risk assessments and gap analyses on AI solutions to identify and evaluate risks and ensure compliance with internal policies and external regulations.
• Define and challenge control expectations for AI development and deployment, including cybersecurity and broader technology governance processes.
• Collaborate with cross-functional teams to ensure AI models align with AI risk frameworks and requirements.
• Assist in establishing and overseeing AI risk governance frameworks, including control frameworks, governance standards, policy development, and committee governance.
• Ensure adherence to industry best practices, such as NIST AI Risk Management Framework, ISO AI standards, as well as emerging AI regulations.
• Serve as the subject matter expert and lead production of materials for executive-level risk and governance committees.
• Drive clear, well-reasoned risk decisions and ensure risks are documented and presented to executives in an effective manner.
• Communicate AI risk clearly to non-technical executives, translating technical and regulatory nuance into actionable decisions.
• Coordinate across risk and business stakeholders to ensure framework consistency.
• Partner with Cybersecurity, third-party risk, privacy, legal, and compliance on integrated reviews, defining clear decision rights across functions.
• Help mature AI risk and governance operating model and track/escalate key risk and performance indicators.
• Adapt to the evolving needs of business partners and changes within the Risk & Compliance organization.

Requirements

• Bachelor’s degree in Computer Science, Engineering, Risk Management, Economics, Finance, or related discipline. Advanced degree preferred.
• 7-10+ years of experience in risk management, compliance, governance, or a related control function, preferably within a regulated financial institution.
• Experience working at a Big 4 consulting firm or other large complex institution.
• 2+ years in AI risk management, governance, or compliance-related roles.
• Prior leadership experience with a proven ability to lead and mentor teams.

Skills

• Strong analytical skills, both quantitative and qualitative, with high attention to detail and accuracy.
• Advanced-level understanding of AI technologies, models, and operational risks in the use of AI systems.
• Excellent written and verbal communication skills, with experience preparing and presenting to executive-level audiences.
• Strong problem-solving skills with the ability to evaluate business opportunities and results against established objectives.
• Ability to drive change and facilitate critical thinking to create solutions for complex business challenges.
• Expert consensus-builder who drives change within and outside direct accountability.

Preferences

• In-depth knowledge of AI-related regulations, standards, and industry best practices, such as the NIST AI Risk Management Framework and ISO AI standards is preferred.
• Relevant certifications such as AI Governance Professional (AIGP), Certified Information Systems Security Professional (CISSP), Certified Risk Management Professional (CRMP), or similar are a plus.

Pay

Pay Range: $137,093.00 - $228,454.00. 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.

Benefits

LPL offers a highly competitive Total Rewards package 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.

About the Company

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, 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.