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.
If you're ready to lead with intention and discover what’s possible, LPL Financial invites you to apply today.
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.
This leader will be accountable for ensuring that regulatory investment decisions maximize risk reduction, support the firm's regulatory obligations, and provide transparent governance across a multi-million-dollar portfolio of initiatives spanning Compliance, Risk, Operations, Product, Technology, Information Security, and Legal.
The VP will serve as the primary steward of the ManReg portfolio lifecycle, governing annual planning, investment allocation, in-year funding decisions, financial performance, delivery health, executive reporting, and portfolio execution. The role requires significant executive influence and the ability to drive alignment among senior leaders across the firm while balancing competing priorities, resource constraints, regulatory obligations, and business outcomes.
This position offers a unique opportunity to influence enterprise-wide investment strategy and help shape the future of regulatory compliance, risk mitigation, governance, and operational modernization at LPL Financial.
Roles & Responsibilities:
Portfolio Strategy & Investment Governance
- 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.
Executive Governance & Stakeholder Management
- 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.
Portfolio Financial Management
- 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.
Delivery Health & Risk Oversight
- 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.
Portfolio Process Transformation
- 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.
Organizational Leadership
- 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.
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:
- 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:
- Wealth management or broker-dealer experience.
- 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.
Pay Range:
$141,419.00 - $235,664.00Actual 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. Your recruiter will be happy to discuss all that LPL has to offer!
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. Please log in or create an account to apply to this position. 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 (855) 575-6947.
EAC 5.19.26
Skills Required
- 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.
- 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.
- Wealth management or broker-dealer experience.
- 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.
LPL Financial Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about LPL Financial and has not been reviewed or approved by LPL Financial.
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Retirement Support — Retirement programs include a company 401(k) match that is frequently highlighted as a strong component of total rewards. Feedback suggests these features meaningfully enhance long‑term financial value.
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Equity Value & Accessibility — An employee stock purchase plan with a meaningful discount and lookback is highlighted as accessible ownership. Feedback suggests the plan adds tangible upside beyond base salary.
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Parental & Family Support — Paid parental leave has been expanded alongside family‑building and adoption support. Feedback suggests these benefits compare well to large‑employer standards.
LPL Financial Insights
What We Do
Financial advice is changing, and at LPL Financial, we’re at the forefront. We’re building a future where advisors can—with no friction or complexity, as simple as turning the dials—pick the business model, services, technology, and product mix that best meet their clients’ needs. With one platform, one sign-on, and one team to call, you can take your business anywhere you want it to go. There are no limits to your growth, and we’ll partner with you every step of the way. Your greatness is our goal. LPL Financial is a leader in the retail financial advice market and the nation’s largest independent broker/dealer*. We serve independent financial advisors and financial institutions, providing them with the technology, research, clearing and compliance services, and practice management programs they need to create and grow thriving practices. LPL enables them to provide objective guidance to millions of American families seeking wealth management, retirement planning, financial planning and asset management solutions. LPL.com Securities and Advisory Services offered through LPL Financial. A registered investment advisor, Member FINRA/SIPC.
