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.
• 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 Wealth management or broker-dealer.
• Familiarity with SEC, FINRA, MSRB, FINCEN, NYDFS, and related regulatory frameworks.
• Experience working closely with Compliance, Risk, Legal, Information Security, or Audit organizations.
• Knowledge of 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.