VP, Product Manager of M&A Onboarding

Are you a team player? Are you curious to learn? Are you interested in working in meaningful projects? Do you want to work with cutting-edge technology? Are you interested in being part of a team that is working to transform and do things differently? If so, LPL Financial is the place for you!

LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader* in the markets we serve, supporting more than 22,000 financial advisors, 1,100 institution-based investment programs, and 500 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 LPL, 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.

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 software development, mergers & acquisitions, and strategy space?

Job Overview:

LPL Financial is seeking a Vice President, product manager within LPL’s Product organization, one of the most visible departments in our organization. As a trusted business partner, you will drive outcomes, lead cross-functional teams, drive strategy and contribute to the deep and thoughtful analysis that enables our leadership team to make informed decisions in our retirement platforms.

The focus of this product manager role will be with one of LPLs top strategic priorities. This capability includes custom advisor roles, how they affiliate with LPL, business organization hierarchy, a curated product shelf that restricts product availability to the approved list for the firm and/or advisor, as well as personalization. This product manager will collaborate with clients and business and technology partners to define the strategy, a multi-year roadmap and drive the execution and delivery of this capability. A strong understanding of the complexities of wealth management and the regulatory environment we operate in 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.

Responsibilities:

• Manage strategic initiatives through the establishment and ongoing leadership of a program governance structure that ensures stakeholder engagement and efficient program and product execution.

• Map business objectives to impacted products and domains, and coordinate work across multiple domains, identifying the right product owners to bring in for specific areas of scope

• Define the discovery needs for given scope of work and draft supporting project plans / timelines to achieve the overall project deliverables. Balance short term solutioning with long term strategic objectives.

• Develop roadmaps, plans and metrics that communicate progress, risks, issues and approach to execution that support continuous learning and improve outcomes.

• Translate prioritized features and enhancements to appropriate teams and escalate when capacity and proposed timelines are misaligned

• Work closely with business and technical partners to align goals and priorities, including providing vision for PI events and backlog management.

• 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.

• 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.

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.

Requirements:

•  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

• Bachelor’s degree in a related field or equivalent years of experience

• Be able to travel 25% of the time to client locations

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

Preferences:

• MBA or another advanced degree

Pay Range:

$132,000.00 - $220,000.00

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!

Why LPL?

At LPL, we believe that objective financial guidance is a fundamental need for everyone. As the nation’s leading independent broker-dealer, we offer an integrated platform of proprietary technology, brokerage, and investment advisor services. We provide you with a work environment that encourages your creativity and growth, a leadership team that is supportive and responsive, and the opportunity to create a career that has no limits, only amazing potential.

We are one team on one mission. We take care of our advisors, so they can take care of their clients.

Because our company is not too big and not too small, you can seize the opportunity to make a real impact. We are committed to supporting workplace equality, and we embrace the different perspectives and backgrounds of our employees. We also care for our communities, and we encourage our employees to do the same. This creates an environment in which you can do your best work.

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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.