AVP, FRAML Senior Investor Protection

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:

Located within the Financial Crime Investigation team and part of the overall Fraud Risk and AML Compliance organization, the AVP of Senior Investor Protection leads a team of Investigators responsible for complex investigations involving matters such as diminished capacity or elder financial exploitation. These investigations are often sophisticated and require excellent interviewing and other communication and customer contact skills. The AVP of Senior Investor Protection will oversee regulatory and state reporting and will provide education and guidance to home office employees, advisors, and clients to reduce risk moving forward.

Responsibilities:

The AVP of Senior Investor Protection will report to the SVP, Financial Crime Investigations and responsibilities will include:

• Manages the Senior Investor Protections Investigations team by providing training (internal and external), support, and guidance to personnel

• Sets standards and maintains all procedures pursuant to SIP Investigations

• Provides notification to and works with Adult Protective Services (APS), state securities regulators, and law enforcement, as needed, to advance investigations and assist clients

• Educating clients, families, and firm personnel on strategies to reduce risk to clients

• Serving as a subject matter expert with respect to certain topics and leading related processes and projects

• Maintains all support functions to include assignments, routine data validation, error corrections, metrics reporting, quality assurance and staffing assessments

• Proactively issue spots and communicate pain points to senior leadership

• Conducts management oversight of completed reviews; providing feedback, as warranted/appropriate

• As needed, occasionally support other Fraud, AML and CDD teams in detecting and investigating other forms of suspicious activity, including account takeovers, new account fraud, trading-related activity, third-party money movement, rapid fund movement, etc

What are we looking for?

We want strong collaborators who can deliver a world-class customer service experience for LPL’s Financial Professionals. We are looking for people who thrive in a fast-paced environment, are client-focused, team-oriented, and are able to execute in a way that encourages creativity and continuous improvement.

Requirements:

• Bachelor's degree

• 5+ years of experience in financial crime in such activities as conducting suspicious activity alert reviews for elder exploitation, money laundering or fraud, customer screening reviews, or testing controls related to elder exploitation, money laundering or fraud

• 3-5(+) years of conducting Senior Exploitation or Fraud cases, documenting and report writing, interviewing subjects and filing Suspicious Activity Reports when needed

• Previous experience as a people leader or functional lead providing mentorship, guidance, coaching and training to existing team members

• Strong knowledge of AML regulations: Understanding of relevant laws, regulations, and industry best practices related to AML compliance, such as the Bank Secrecy Act (BSA), USA PATRIOT Act, Financial Action Task Force (FATF) recommendations, and Office of Foreign Assets (OFAC) Regulations

• Expert knowledge of FINRA Rule 2165, FINRA Rule 4512 and related state securities legislation

Core Competencies:

• Ability to foster and develop relationships across the department and develop as a trusted advisor in their specific area of expertise

• Leans into ambiguity and drives solutions for difficult problems with confidence

• Innovates through strategic decision-making that provides created solutions for complex problems

• Looks for opportunities to continually improve processes for efficiency without sacrificing quality

• Fosters learning opportunities for team members in daily work; actively learns from mistakes with accountability

• Passion for and experience working closely to assist and protect clients

• Verbal, written and analytic skills

Preferences:

• Certified Anti-Money Laundering Specialist (CAMs) Certification

• Certified Fraud Examiner (CFE) Certification

• FINRA License Series 7 or 24

#LPL-PA #LPL-H1

Pay Range: $101,249.00 - $168,817.00

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. 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