VP, Master Data Management

Job ID R-027064 Date posted 01/05/2023

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 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 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.

Job Overview:

This role will provide technical leadership while partnering with Business and Product teams for implementing a master data platform encompassing strategy, governance, stewardship, data quality, policy development, tool rollouts, and effective application of data to drive consistency and efficiency both within our organization as well as with key business partners.

Responsibilities:

• Drive a strategic Master Data vision, strategy, operating model, governance & roadmap across various domains.

• Work closely w/ business, and other Data team leads to deliver both strategic & tactical business processes supporting strong Data Management Solutions, enabling a less complex & trusted data environment which drives internal efficiencies and simplifies interactions with key partners, internal and external

• Drive harmonization of relevant Master Data processes to provide a common view of the business while also offering flexibility to meet functional needs. 

• Champion data accuracy culture adoption to the broader organization by ensuring that Master Data Management assets are understood, available and used.

• Lead targeted communication, change management, and training associated with Master Data Management to ensure adoption. 

• Establish and communicate Master Data management best practices including people, processes, and technology.

• Develop targeted metrics showing impacts of data activities, with executive dashboard to show key benefits and outcomes associated with data activities.

• Continued focus on master data operational excellence, including advanced technologies, to optimize data value chain. 

• Experience leading multiple development teams across various value streams providing nurturing leadership and talent development efforts for successful project delivery, application, and platform support.

• Lead requirement analysis and design discussions with users, technical and business stakeholders and monitor all agile ceremonies with teams

What are we looking for?

We want strong collaboratorswho 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:

• Bachelor’s degree or equivalent experience

• 8+ years of experience in data management with at least 5+ years of strong experience in MDM with tools such as S& P Markit, Informatica MDM, or Reltio etc.

• 5+ year’s managerial experience.  

• Experience working with SQL Server, Oracle or Snowflake databases/data warehouse

• Strong leadership and communication skills 

Core Competencies:

• Capable of effectively planning, prioritizing and executing tasks utilizing resources and tools

• Advanced business knowledge, general management, change management and leadership experience

• Proven experience leading the development and authorization of mid-to long term strategies for a global matrixed organization

• Proven experience bringing together groups to implement new business solutions to drive improvements. Competency 

• Proven experience implementing business outcome metrics that drives the appropriate data to govern. Competency 

• Is visible, vocal, and objective. Exemplary collaboration, interpersonal, and presentation skills

• Superior skill and ability in multi-tasking and appropriate prioritization

• Has technical vision and can drive best in class solutions

• Excellent verbal and written communication skills, both technical and non-technical

• Strong analytical and problem-solving skills.

• Motivated and driven by achieving strategic technical solutions

Preferences:

• API Design Experience

• Experience with data warehouse, data lakes or lake house.

• Strong financial services domain expertise and practical experience working across multiple functions within an organization. 

• Proven expertise in setting up a corporate wide Master Data Management (or similarly complex) strategy that implemented technology enabled discipline, ensured uniformity, accuracy, stewardship, consistency, and accountability.

• Influence across functions and businesses to negotiate and gain cooperation of initiatives.

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Pay Range:

$126,800-$190,200/year

The salary range is dependent on a number of factors, including the applicant’s skill, experience, and work location.

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 (800) 877-7210.