The SVP, Associate General Counsel – Business and Institution Support will assist other attorneys in the department and senior members of the business, including the Deputy General Counsel and the Chief Legal Officer, with leading the teams that provide legal advice in multiple areas of the company’s business, with a focus on (i) the Institution Services relationship business (including relationships with our insurance company/product manufacturing segment), and (ii) development and deployment of new services to our advisors and institutions, as well as cash, banking and lending products.
This role will report to the Executive Vice President, Deputy General Counsel within the Legal Department’s Advice, Business and Commercial legal group. The role will require frequent interaction with the company’s business teams that support the distribution and sale of a wide variety of financial products, as well as executives and legal personnel at our clients. Job responsibilities will include:

REQUIREMENTS:

• Bachelor’s Degree and J.D. required.
• 15+ years corporate legal experience, preferably with a combination of law firm transactional/regulatory practice, and in-house work at a financial services complex, and preferably experience in a wealth management organization.
• Experience as an attorney working with the Securities Exchange Act, Investment Advisers Act, rules and regulations of self-regulatory organizations, federal banking laws and basic corporate law principles.
• Strong writing and organizational skills.
• Should have excellent interpersonal skills and ability to interact with members of senior management and clients as well as adaptability and willingness to take on a wide variety of new tasks.
• Must be willing to travel on occasion as needed.

• Institution Services/Product Manufacturing: Lead team responsible for maintaining and negotiating required contracts with third party financial institutions in support of institution services business, which currently supports over 1,100 financial institutions across the U.S. Provide thought leadership on legal and regulatory issues impacting the providing of investment services at banks and credit unions. Partner with several internal stakeholders on various issues impacting institution clients, ranging from technology and data transfer issues to regulatory oversight and vendor management concerns. Complex contract negotiation skills and management of outside counsel (where appropriate) are needed.
• Product/Services: Lead team that coordinates and provides legal advice on the development and deployment of advisor-facing services and Banking and Lending Solutions for investor clients. Some of these products and services are new to LPL, and require broad issue-spotting to consider potential impacts at various places in the service and product lifecycle (from pilot to full national rollout, and thereafter). Within the Banking and Lending product area is advisor lending, margin, securities backed lines of credit, cash management/sweeps, checking/debit services, and credit card services. Advisor-facing services include new and existing strategic efforts to support the business practices of LPL advisors.