Vice President, AI Risk and Governance

LPL Financial; New York (NY); On-site; USD 137,000 - 228,000; Full time

Job summary

LPL Financial is seeking a Vice President to lead AI risk governance, ensuring a defensible framework across business functions and aligning AI initiatives with regulatory expectations. The role combines builder and operator responsibilities for a dynamic risk program.

The ideal candidate has 7–10+ years in risk management, governance, or compliance within regulated finance, plus leadership experience and familiarity with AI risk. A bachelor’s degree is required.

Qualifications

• Strong analytical skills with attention to detail and ability to evaluate complex information.
• Excellent written and verbal communication, and ability to present to executives.
• Strong problem-solving abilities and capacity to drive change.

Responsibilities

• Maintain and evolve AI governance framework, policies, and standards.
• Conduct risk assessments and gap analyses on AI solutions for compliance.
• Define control expectations for AI development and deployment, including cybersecurity governance.

Skills

Analytical skills

Communication skills

Problem solving

Change management

Consensus-building

Education

Bachelor's degree or higher in CS/Engineering/Risk Management/Economics/Finance

Job description

Job Description

Lead with Purpose, Unlock Your Team’s Passion

At LPL, people leaders hold the key to the employee experience — shaping culture, driving performance, and guiding individuals to new heights. Because when that happens, we all win – clients, LPL, and most importantly our, employees.

Job Overview

The VP will oversee 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 role 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 serving as a credible challenge partner to business, technology and control functions.

Roles & Responsibilities

• Maintain and evolve the AI governance framework, polices 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’s 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 actional decisions
• Coordinate across risk and business stakeholders to ensure framework consistency.
• Partner with Cybersecurity, third-party risk, privacy, legal and compliance on integrated reviews, defined clear decision rights across functions
• Help mature AI risk and governance operating model and track/escalation key risk and performance indicators
• Adapt to the evolving needs of business partners and changes within the Risk & Compliance organization.

What are we looking for?

We’re looking for strong collaborators who deliver exceptional client experiences and thrive in fast-paced, team-oriented environments. Our ideal candidates pursue greatness, act with integrity, and are driven to help our clients succeed. We value those who embrace creativity, continuous improvement, and contribute to a culture where we win together and create and share joy in our work.

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

Core Competencies

• 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, facilitates critical thinking to create solutions for the most complex business challenges.

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 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. 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.

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. For further information about LPL, please visit www.lpl.com.

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.

For further information about LPL, please visit www.lpl.com.

Join the LPL team and help us make a difference by turning life’s aspirations into financial realities.

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 [phone].

EAC 5.19.26