Vice President, Mandatory Regulatory Portfolio Governance

Job Overview

The Transformation Office is seeking a Vice President of Mandatory Regulatory Portfolio Governance to lead the strategy, governance, prioritization, funding administration, and executive oversight of LPL's Mandatory Regulatory (ManReg) investment portfolio.

Roles & Responsibilities

• Own the end-to-end governance framework for the Mandatory Regulatory portfolio.
• Lead annual portfolio planning activities, including intake, evaluation, prioritization, and funding recommendations.
• Develop and maintain portfolio allocation strategies that optimize regulatory risk reduction while balancing organizational capacity and financial constraints.
• Evaluate regulatory findings, regulatory commitments, audit observations, industry developments, and emerging risks to inform investment decisions.
• Establish funding recommendations across portfolio, reserve, and contingency allocations.
• Lead ManReg Operating and Executive Governance Forums.
• Prepare executive-level materials and recommendations for MD, GMD, EVP, and Executive Committee audiences.
• Drive decision-making across Business, Product, Technology, Risk, Compliance, Legal, and Operations leaders.
• Facilitate resolution of investment, prioritization, funding, and delivery conflicts.
• Serve as the primary point of contact for portfolio governance and funding inquiries.
• Oversee portfolio financial performance across all approved initiatives.
• Partner with FP&A, EPMO, Procurement, and delivery leaders to ensure accurate forecasting, budget management, and variance reporting.
• Govern contingency and reserve funding allocation processes.
• Monitor portfolio financial health and identify risks requiring executive visibility.
• Ensure transparency and accountability for portfolio investments and outcomes.
• Establish and monitor portfolio-level delivery health measures.
• Identify emerging execution risks and facilitate remediation activities.
• Ensure governance and oversight processes are in place for all funded initiatives.
• Drive consistency in accountability, reporting, and escalation management.
• Partner with delivery organizations to improve execution success rates and portfolio outcomes.
• Continually improve portfolio governance processes, reporting capabilities, and investment decision frameworks.
• Expand the use of automation, data analytics, AI, and predictive insights to enhance portfolio management effectiveness.
• Develop scalable governance models that may be leveraged across additional strategic investment portfolios.
• Provide leadership and mentorship to portfolio governance resources.
• Foster a culture of accountability, collaboration, continuous improvement, and operational excellence.
• Influence senior leaders without direct authority to achieve enterprise outcomes.

Requirements

• 10+ years of experience in portfolio management, product management, enterprise governance, management consulting, transformation, risk, compliance, or related fields.
• 7+ years of leadership experience operating across large, cross-functional organizations.
• Experience managing large-scale investment portfolios, budgets, or enterprise programs.
• Experience presenting to senior executive and board-adjacent audiences.
• Experience operating within Financial Services, Wealth Management, Banking, Brokerage, or highly regulated industries.

Core Competencies

• Strong understanding of governance, portfolio planning, prioritization methodologies, and investment decision frameworks.
• Executive communication and storytelling.
• Enterprise portfolio governance.
• Strategic planning and prioritization.
• Regulatory and risk management awareness.
• Financial and investment management.
• Organizational influence without authority.
• Executive stakeholder management.
• Data-driven decision making.
• Complex problem solving.
• Change leadership and organizational transformation.

Preferences

• Experience with SEC, FINRA, MSRB, FINCEN, NYDFS, and related regulatory frameworks.
• Familiarity with Agile, SAFe, and enterprise delivery frameworks.
• Experience with EPMO processes, financial governance, and annual planning cycles.
• Experience leveraging AI, advanced analytics, or automation within governance and portfolio management functions.

Pay Range

$141,419.00 - $235,664.00

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.

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. EAC 5.19.26