Assistant Vice President – AI Risk and Governance

Where Ambition Meets Innovation 

Build a career that matches all your initiative with an impressive dose of innovation. From cutting-edge resources and a collaborative environment to the freedom to make an impact and more, you’ll find the ingredients you need at LPL Financial to shape your success while helping clients pursue their financial goals. 

Job Overview: 

The AI Governance organization is seeking an Assistant Vice President, AI Governance to lead the day-to-day execution and administration of the firm’s AI Governance Program. This leader will manage the end-to-end governance process for artificial intelligence use cases, including intake and workflow administration, risk assessment coordination, policy and standards management, committee governance, inventory oversight, approvals, issue tracking, reporting, and program enhancement. 

The Assistant Vice President will ensure AI initiatives are consistently identified, documented, assessed, reviewed, approved, monitored, and governed throughout their lifecycle. The role serves as the central coordination point across Technology, Information Security, Data Governance, Privacy, Compliance, Legal, Enterprise Risk Management, Internal Audit, and business stakeholders to enable responsible AI adoption while maintaining clear accountability and effective oversight. 

Roles & Responsibilities: 

• Lead day-to-day execution of the enterprise AI Governance Program and support the program strategy, operating model, priorities, and capability roadmap. 

• Own and administer the end-to-end AI use case intake, triage, review, approval, change, monitoring, and retirement workflow. 

• Ensure AI use cases are appropriately documented, classified, assessed, approved, inventoried, and governed in accordance with policy and established risk-based requirements. 

• Coordinate AI risk assessments across relevant subject matter experts and control functions, ensuring required reviews are completed and decisions, conditions, and residual risks are clearly documented. 

• Manage the enterprise AI use case inventory, including data quality, ownership, status, risk classification, approvals, exceptions, dependencies, and lifecycle information. 

• Lead the administration of AI governance committees and working groups, including agendas, materials, meeting facilitation, minutes, decision records, approvals, action items, and escalation tracking. 

• Manage the AI governance policy, standards, procedures, and supporting guidance, including periodic reviews, stakeholder approvals, publication, communications, and implementation tracking. 

• Oversee policy exception and governance waiver processes, ensuring requests are supported by appropriate rationale, risk acceptance, compensating controls, approvals, and expiration requirements. 

• Design, maintain, and continuously improve governance workflows, roles, decision rights, service-level expectations, documentation standards, and escalation protocols. 

• Monitor intake volumes, cycle times, assessment status, approvals, policy compliance, exceptions, remediation commitments, and other program indicators to identify trends and process improvements. 

• Develop dashboards, metrics, committee reporting, and executive-level insights regarding the AI inventory, governance activity, material risks, exceptions, issues, and program maturity. 

• Track identified risks, conditions of approval, issues, and remediation commitments through closure, and escalate overdue or material matters through appropriate governance channels. 

• Partner with Technology, Information Security, Data Governance, Privacy, Compliance, Legal, Enterprise Risk Management, Internal Audit, and business teams to promote coordinated and efficient governance coverage. 

• Support regulatory examinations, Internal Audit reviews, independent assessments, and other inquiries related to AI governance processes, records, and controls. 

• Monitor regulatory developments, industry frameworks, and emerging practices related to AI governance, and coordinate updates to policies, processes, assessment requirements, and committee oversight. 

• Develop training, communications, procedures, and job aids that clarify AI governance requirements and support consistent adoption across the firm. 

• Promote a culture of responsible innovation, accountability, transparency, collaboration, and continuous improvement. 

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 Risk Management, Business, Information Technology, Data, Law, Compliance, Public Policy, or a related discipline. 

• 5-8+ years of progressive experience in governance, risk management, compliance, technology governance, data governance, program management, operational risk, or a related discipline within financial services or another highly regulated industry. 
• Recent experience within an enterprise AI Governance program

• Experience operating enterprise governance processes, including intake workflows, risk assessments, policy administration, committee management, approvals, issue tracking, and reporting. 

Core Competencies:

• Strong process management and program execution capabilities, with the ability to establish clear workflows, accountability, documentation standards, and escalation routines. 

• Experience coordinating complex risk assessments and governance decisions across business, technology, legal, compliance, privacy, security, data, and risk stakeholders. 

• Ability to translate evolving regulatory requirements and governance expectations into practical policies, procedures, controls, and operating processes. 

• Experience developing executive-level materials, governance committee reporting, metrics, dashboards, decision records, and program documentation. 

• Strong knowledge of governance, risk, and control principles, including issue management, policy management, exceptions, risk acceptance, and lifecycle oversight. 

• Exceptional written and verbal communication skills, sound judgment, attention to detail, and the ability to influence effectively across a complex organization. 

• Experience leading teams or cross-functional workstreams and managing multiple priorities in a fast-moving environment. 

Preferences: 

• Experience supporting artificial intelligence, machine learning, generative AI, model governance, data governance, emerging technology, or responsible AI programs. 

• Experience supporting broker-dealer, wealth management, advisory, banking, capital markets, or another highly regulated financial services business. 

• Familiarity with AI governance frameworks and standards, including the NIST AI Risk Management Framework or comparable industry approaches. 

• Experience with Governance, Risk and Compliance platforms, workflow tools, inventory systems, reporting solutions, or comparable governance technology. 

• Professional certification in risk, compliance, audit, privacy, technology, data, project management, or a related discipline. 

• Experience contributing to governance transformation, process redesign, workflow automation, regulatory remediation, or program maturity initiatives. 

Pay Range:

$106,502.00 - $177,572.00Actual 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