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.
LPL Financial is seeking a Vice President of Transformation Strategy to join our Enterprise Business Strategy team within LPL’s Business Development group, one of the most visible departments in our organization. As a trusted business partner, you will drive outcomes, lead cross-functional teams, and contribute to the deep and thoughtful analysis that enables our leadership team to make informed decisions regarding transformation programs, product development, large conversion events, and our organic growth strategy.
The ideal candidate for this role has a combination of exceptional business acumen, an entrepreneurial consulting mindset, and product management to assist with the development and delivery of strategic transformation initiatives, new business lines, software tools, and integration of proprietary conversions. Additionally, you will ensure creative and continuous improvements to our advisor facing products – with the goal of exciting our institution client base, leading the market, and attracting additional business.
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
Drive the management of strategic transformation initiatives through the establishment and ongoing leadership of a program governance structure that ensures stakeholder engagement and efficient program and product executionCollaborate 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
Research and identify differentiating capabilities to enhance the advisor experience, reduce policy and procedure friction, and drive efficient outcomes
Possess a deep understanding of general wealth management principles in order to promote and deliver on sea level change business initiatives
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, potential conversion transactions, and growth initiatives that are SVP+, C-Suite, and Board ready
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
Coach, mentor and lead a high performing team to deliver on the team’s objectives
Bachelor’s degree in a related field required; MBA or other advanced degree a plus
7+ years of experience in product management, management consulting, corporate strategy, 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
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 the 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 and 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
FINRA Series 7, 24, 66 preferred
MBA and/or Juris Doctorate a plus
Strong overall business acumen within financial services
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!
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.
Want to hear from our employees on what it’s like to work at LPL? Watch this!
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.