Description:

Are you a team player? Are you curious to learn? Do you want to provide dynamic, risk-based legal advice in a successful and growing company? If so, An Investment & Wealth Management Nationwide Company is the place for you! Excited to learn more? If so, then this could be the role for you!

An Investment & Wealth Management Nationwide Company was founded on the principle that the firm should work for the advisor, and not the other way around. Today, An Investment & Wealth Management Nationwide Company is a leader* in the markets we serve, supporting more than 18,000 financial advisors, 800 institution-based investment programs and 450 independent RIA firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to personalized guidance from a financial advisor. At An Investment & Wealth Management Nationwide Company, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients.

Job Overview:
The Institutional Services Legal Team within An Investment & Wealth Management Nationwide Company's Legal department is looking for an engaged and keen-minded attorney to support our industry-leading Institution Services business, through which An Investment & Wealth Management Nationwide Company provides investment and insurance services on the premises of over1,000 banks and credit unions across the United States. This role will provide advice on securities, banking, investment advisory and insurance regulations and will negotiate agreements that govern our relationships with our institution clients. The role, Assistant Vice President, Associate Counsel, will report to the Vice President, Assistant General Counsel and will collaborate with an experienced team of lawyers to provide pragmatic legal advice and thought leadership on our securities, advisory and insurance business with our financial institutions.

Responsibilities:

Drafting, negotiating, and closing a high volume and a wide variety of networking agreements (agreements where LPL will be the broker-dealer and investment advisor), ensuring that all contracting processes are adhered to and the firm's contracting standards are maintained, including but not limiting to those relating to risk allocation.
Effectively and proactively providing sound advice on federal and state securities, banking and insurance laws and rules
Partnering with our Institution Services business colleagues and other members of our Compliance and Risk teams to drive thought leadership in this practice area, in which LPL is already a market leader.
Supporting the Legal team's effort to consistently review and improve policies and process to make what we do efficient and repeatable.

Please note: Additional responsibilities or duties may be assigned to you as needed or determined.

Who are we looking for?
We want strong collaborators who can deliver a world-class client experience. 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:

JD from a nationally accredited law school; admitted to practice law, and in good standing, in at least one jurisdiction in the U.S.
4-7 years of significant experience drafting and negotiating commercial contracts
Experience at a law firm or company in the financial services industry. Ideal candidate has worked actively with FINRA rules, Investment Advisers Act, Securities Act of 1934 and federal banking laws and regulations.