Vice President, Product Management

Are you someone with a professional background in finance, consulting, or product management?

Are you a strategic thinker with excellent analytic capabilities and experience?

Are you looking to focus on the software development, mergers & acquisitions, and strategy space?

Job Overview:

LPL Financial is seeking a Vice President, Advisor Compensation product manager within LPL's Product Management group, one of the most visible departments in our organization. In partnership with business and technology, you will drive outcomes, lead cross-functional teams, and contribute to the deep and thoughtful analysis as the basis to propose solutions as well as enable our leadership team to make informed decisions regarding product development and compensation management for our customers.

The focus of this product manager will be on transforming and building LPL's next generation compensation platform based on Varicent technology. This will require developing an understanding of advisor and institutional program manager needs as well as how to effectively implement configurable compensation plans to serve LPLs diverse clients from independent advisors to RIAs, banks and other large institutions. For this role, a background in wealth management compensation platforms is required, as well as having a consulting mindset. A strong understanding of the complexities of financial services and the regulatory environment we operate as well as Agile management is critical. The incumbent needs to lead interactions with customers, cross-functional teams internally and external business partners to drive key outcomes in support of our strategy.

This team within the Product & Technology organization focuses on product & program management, specifically the execution of large cross-functional programs to support our strategic initiatives and product development efforts. The teams' goal is to leverage both the strengths of our existing business model and expand into new markets where we enhance the capabilities we offer our customers in the wealth management space. You will have the opportunity to work on the firm's highest priority initiatives to provide leadership with timely, accurate, and insightful commentary and recommendations. You will gain a full understanding of, and the ability to explain, all business aspects of our products/platforms while working with numerous business units across the firm. This role will embrace strategic, entrepreneurial, analytical, product, and project management skillsets to support our growth and positioning across the entire wealth management market as LPL continues to expand.

Resonspbilites:

• Create best-in-class reports and prepare presentations related to LPL's strategic plays and growth initiatives that are SVP+, C-Suite, and Board ready
• Work closely with business and technical partners to align goals and priorities, including providing vision for PI events and backlog management.
• Assist in the management of strategic initiatives through the establishment and ongoing leadership of a program governance structure that ensures stakeholder engagement and efficient program and product execution
• Collaborate across the firm to maintain alignment on vision, strategy, and performance to goals, approaching strategy with an entrepreneurial mindset, leveraging critical thinking to increase the value proposition of assigned products and programs.
• Drive decision-making for the business and demonstrate persistence in raising issues to the proper levels for attention and driving transparency at all levels surrounding program execution.
• Develop roadmaps, plans and metrics that communicate progress, risks, issues and approach to execution that support continuous learning and improve outcomes. Sets a high bar for results through repeatable, scalable processes.

Requirements:

• Bachelor's degree in a related field
• 7-10+ years of experience in product management, management consulting, compensation management, program & project management preferably within a financial services or related FinTech firm
• 5+ years of developing, cultivating, and leading strong, high-performing teams in an agile environment

Core Competencies:

• Flexibility and organizational change management experience
• The ability to work in a cross-functional team and drive outcomes without having direct authority
• Expert communication skills, both written and oral, with ability to present materials to the highest levels in the organization and serve as one of the recognized subject matter experts on the team
• Demonstrate business acumen and the ability to interact with senior leaders, including developing, presenting, and gaining approval on any business cases and funding requests
• Strong analytical skills with demonstrated ability to evaluate business opportunities and evaluate results against established objectives
• Actively anticipates, identifies, and manages risks within position scope and at the company
• Demonstrated ability to interact and influence senior leaders
• Ability to create a strategy/plan that articulates that incorporates a business's vision
• Expert consensus-builder who drives change across initiatives within and outside direct accountability and evaluates solutions to the most complex business challenges

What 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.

What does your success look like in the first 90 days?

• Immersing yourself in and learning as much as you can about the nuances of team processes and tools, the industry, company, and our advisors
• Bringing fresh perspective, ideas, and critical thinking to how our growing team operates, consistently asking questions and pushing for progress over perfection

Pay Range:
$132,000-$220,000/year
Actual 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) was founded on the principle that the firm should work for advisors and institutions, and not the other way around. Today, LPL is a leader in the markets we serve, serving more than 23,000 financial advisors, including advisors at approximately 1,000 institutions and at approximately 580 registered investment advisor ("RIA") firms nationwide. We are steadfast in our commitment to the advisor-mediated model and the belief that Americans deserve access to personalized guidance from a financial professional.

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.

Join LPL Financial: Where Your Potential Meets Opportunity

At LPL Financial, we believe that everyone deserves objective financial guidance. As the nation's leading independent broker-dealer, we offer an integrated platform of cutting-edge technology, brokerage, and investment advisor services.

Why LPL?

• Innovative Environment: We foster creativity and growth, providing a supportive and responsive leadership team. Learn more about our leadership team here!
• Limitless Career Potential: Your career at LPL has no limits, only amazing potential. Learn more about our careers here!
• Unified Mission: We are one team on one mission-taking care of our advisors so they can take care of their clients. Learn more about our mission and values here!
• Impactful Work: Our size is just right for you to make a real impact. Learn more here!
• Commitment to Equality: We support workplace equality and embrace diverse perspectives and backgrounds. Learn more here!
• Community Focus: We care for our communities and encourage our employees to do the same. Learn more here!
• Benefits and Total Rewards: Our Total Rewards package goes beyond just compensation and insurance. It includes a mix of traditional and unique benefits, perks, and resources designed to enhance your life both at work and at home. Learn more here!

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.

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