LPL Financial · 2 hours ago
VP, Assistant General Counsel- AI
New York, NY
Full-time
Onsite
Senior Level, Lead/Staff
$172K/yr - $287K/yr
8+ years expLPL Financial is a leading wealth management firm that empowers professionals to shape their success. They are seeking a highly skilled Vice President, Assistant General Counsel- AI to advise on legal, regulatory, and ethical considerations related to artificial intelligence, ensuring compliant and responsible AI development across the organization.
FinanceFinancial Services
Responsibilities
Serve as a primary legal advisor on AI-related matters, including regulatory requirements, risk mitigation, model governance, and data protection
Support the evaluation, review, and onboarding of new AI tools, including analysis of data use, model behavior, licensing, and compliance impacts
Advise on the design, development, and deployment of proprietary AI models, ensuring alignment with applicable laws, industry standards, and internal governance policies
Draft, negotiate, and manage AI-specific contract terms, including terms of use, data-use provisions, and AI addenda for vendor relationships
Provide legal guidance on privacy, cybersecurity, technology, and financial services regulatory requirements implicated by AI use cases
Partner with AI Governance, Risk, Engineering, Technology, and business teams to develop and enhance policies, controls, and best practices for responsible AI
Assess and communicate legal risks associated with AI and data use, providing clear, practical recommendations to business leadership
Monitor and interpret emerging AI, privacy, and technology regulations, advising stakeholders on operational impacts and readiness planning
Support incident response related to AI or data-related events, coordinating with cybersecurity and privacy teams as needed
Contribute to enterprise training, awareness, and change-management efforts related to responsible AI and data governance
Advise on legal and regulatory issues related to the use of AI in broker-dealer functions, including trade surveillance, client onboarding, and compliance automation
Provide legal support for AI model validation and development, explainability, accuracy and risk assessments
Qualification
Required
Juris Doctor (JD) from an accredited law school; licensed to practice in at least one U.S. jurisdiction
8–12+ years of legal experience, with a strong background in: Broker-dealer and registered investment advisory regulatory compliance (SEC, FINRA, MSRB)
AI, data privacy, cybersecurity, and technology law
Regulatory Expertise: Strong working knowledge of AI-related laws and guidance (e.g., EU AI Act, U.S. state AI and privacy laws, sector-specific regulations, federal proposals), as well as privacy and cybersecurity frameworks (GLBA, Reg S-P, NIST, FFIEC)
Technical Curiosity and Fluency: Ability to understand AI concepts (e.g., training data, model architectures, bias/variance, evaluations, prompt injection, data lineage) and translate technical details into legal implications
Risk-Based Judgment: Skilled in assessing complex fact patterns and delivering balanced, pragmatic legal advice
Contracting and Negotiation: Experience drafting and negotiating technology, data-use, licensing, and AI-specific agreements
Cross-Functional Collaboration: Comfort working with technologists, product teams, risk partners, and senior leaders
Strategic Thinking: Ability to anticipate regulatory trends and emerging risks and guide sustainable governance practices
Communication Excellence: Clear, concise written and verbal communication that enables informed decision-making
Execution Under Pressure: Demonstrated ability to meet deadlines, manage competing priorities, and operate effectively in a high-demand environment
Ethical and Responsible AI Mindset: Strong orientation toward fairness, transparency, accountability, and safe use of data
Ability to translate complex AI and regulatory concepts into actionable legal advice
Experience advising on AI model validation, surveillance algorithms, and automated compliance tools
Preferred
Experience advising on AI model governance, algorithmic accountability, and data ethics
Strong contract negotiation and drafting skills
Familiarity with securities laws, data mapping, and product development
In-house experience in a financial services organization a plus
CIPP/US, CIPP/E, CIPM, or CIPT (IAPP)
AI Governance or AI Risk Certifications, such as: IAPP AIGP (Artificial Intelligence Governance Professional), ICA AI Governance Certification, MIT, Stanford, or Oxford AI governance programs
Cybersecurity Certifications (if relevant to scope): ISC2 CC, CISSP, or SSCP (awareness-level acceptable)
Technology/AI Fundamentals Certifications, such as: Microsoft AI-900 (AI Fundamentals), Google Cloud Generative AI Credential, IBM Applied AI certificate
Benefits
401K matching
Health benefits
Employee stock options
Paid time off
Volunteer time off
And more
Company
LPL Financial
LPL Financial provides investment solutions and tools for independent financial advisors.
5001-10000 employees
H1B Sponsorship
LPL Financial has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (106)
2024 (105)
2023 (122)
2022 (127)
2021 (65)
2020 (44)
Funding
Current Stage
Public CompanyTotal Funding
$2.5B2025-03-31Post Ipo Equity· $1.5B
2024-06-03Post Ipo Debt· $1B
2010-11-18IPO
Leadership Team
Rich Steinmeier
Interim CEO
Sid Vyas
Chief Technology Officer/EVP
Recent News
2026-01-23
2026-01-23
Company data provided by crunchbase