AVP, Associate General Counsel

What if you could build a career where ambition meets innovation? At LPL Financial, we empower professionals to shape their success while helping clients pursue their goals with confidence.
What if you could manage your own case portfolio from end-to-end in a collaborative environment with the freedom to make an impact? If you're ready to take the next step, discover what’s possible with LPL Financial.

The Assistant Vice President, Associate General Counsel provides legal support and strategic advice to the organization on matters related to collections, recovery, and litigation and arbitration. This role enforces contractual rights and recoups outstanding balances, often in the FINRA arbitration forum, while managing litigation risk and supporting business objectives.

• Advise business units on legal issues related to collections, recovery strategies, litigation, and arbitration.
• Interpret and apply laws and regulations impacting the collection of outstanding receivables and loans, including statutes of limitation, probate, and bankruptcy issues that may arise.
• Identify and address potential counterclaims, cross claims, and/or third-party claims and reputational impact of litigation and arbitration.
• Assess litigation risk and develop strategies to mitigate exposure.

• Manage and oversee affirmative litigation involving the recovery of accounts receivable and loan balances.
• Manage and oversee defensive litigation involving counterclaims, cross claims, and/or third-party claims for, among other things, wrongful termination, defamation, breach of contract, and tortious interference.
• Negotiate and finalize pre-arbitration settlements.
• Identify and pursue opportunities for mediation.
• Represent LPL in FINRA arbitration and/or litigation end-to-end where appropriate.
• Where necessary, retain and direct outside counsel, review pleadings, briefs, and discovery responses.
• Develop litigation strategies aligned with business goals and regulatory requirements.
• Confirm and enforce FINRA arbitration awards in state or federal court.

• Ensure collection practices comply with applicable laws and internal policies.
• Advise on statutes of limitation, tolling, probate, and bankruptcy issues that may arise. Support operational teams in resolving complex collection disputes and threats of litigation.

• Draft and review demand letters, settlement agreements, litigation-related correspondence, and other legal documents.
• Negotiate resolutions to disputes and claims.
• Coordinate revision of contracts and loan documents, as needed, to support collectability in the event of default.

• Monitor changes in laws and regulations affecting collections and litigation.
• Provide training and guidance to internal stakeholders on compliance and risk management.

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.

• Juris Doctor (JD) from an ABA-accredited law school
• Minimum 5–8 years of legal experience, preferably in financial services or banking.
• Strong background in litigation and negotiation, arbitration and collections experience a plus.
• Experience managing outside counsel and litigation budgets.
• Strong case management and decision-making skills.

• Clear, effective and efficient communication abilities, including in-person and video presentations, and excellent writing skills, with a demonstrated ability to work well and collaborate with other people.
• Advise our internal business partners about risk areas and provide legal guidance regarding firm policies and procedures.
• Excellent analytical, negotiation, and organizational skills.
• Ability to manage multiple complex matters simultaneously.
• Strong critical thinking and decision-making…