AVP, Product Management

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 financial goals with confidence. What if you could have access to cutting-edge resources, a collaborative environment, and the freedom to make an impact? If you're ready to take the next step, discover what’s possible with LPL Financial.

Job Overview:

LPL Financial is seeking an Assistant Vice President, Fee Management product manager within LPL’s Product Management group.  This group is one of the most visible departments in our organization and is responsible for defining and managing fee-related elements of our business. As a trusted business partner, you will manage a fee centric product, to drive outcomes, coordinate with cross-functional teams, and support fee revenue objectives and fee reporting.  Responsibilities include product analysis, customer awareness, data discovery, and supporting product and end user reporting functions.  Additional items include end user analysis, product effectiveness, fee profitability and product growth and extension.

The focus of this product manager position will be to roll out a new net fee management system based on existing targeted account and service level fees.  The long-term objective is to expand the system to process and manage the full range of fees across the LPL enterprise.

This will require developing an understanding of how LPL’s fee structures are defined and processed for all LPL business channels.  For this role, a background in financial broker dealer product-based revenue processing is required, as well as having an ability to standardize and structure how fee types can be organized into efficient processing.  An understanding of the complexities of financial services and the regulatory environment we operate in is highly desirable as well.  The incumbent needs to lead interactions with customers, cross-functional teams internally and external business partners to drive key outcomes in support of the fee processing 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 to centralize and optimize fee-based processing.  A key feature in this role is an awareness of simplicity, transparency, timeliness and accuracy.  You will have the opportunity to work on the firm's highest priority initiatives and support leadership with timely, accurate, and insightful fee-based information. Through this role you will gain a full understanding of, and the ability to explain, all business aspects of our products/platforms and how they affect our business model. This role is designed to provide the basis upon which additional growth and responsibilities can be discussed.

Responsibilities:

• Enter at the foundational development of a net new fee management system that is designed to expand dramatically over time

• Create best-in-class reports and prepare informational output to support fee simplicity, transparency, correctness and user intuition

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

• Collaborate across product and operations to maintain alignment on vision, strategy, and performance to goals.  Approach strategy with an entrepreneurial mindset, leveraging critical thinking to increase the value proposition of assigned products and programs.

• Develop roadmaps, plans and metrics that communicate progress, risks, issues and approaches to execution that support continuous learning and improve outcomes. The product will set a high bar for results through repeatable, scalable processes.

What are we looking for?

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.

Requirements:

• Bachelor’s degree in a related field

• 5-7+ years of experience in product management, program & project management preferably within a financial services or related FinTech firm

• 5+ years of participating and producing while on high-performing teams in an agile environment

• Experience on working with Jira

• Flexibility and organizational change management experience

• The ability to work in a cross-functional team and drive outcomes without having direct authority

• Great communication skills, both written and oral, with ability to present materials and serve as one of the recognized subject matter experts on the team

• Strong analytical skills with demonstrated ability to evaluate business opportunities and evaluate results against established objectives

• Actively anticipate, identify, and manage risks within your position and scope at the company

• Ability to create a product roadmaps that align with phase-based agile development that incorporate a long term business vision

• A consensus-builder who drives change across their products and evaluates solutions to the complex and/or time sensitive business challenges

Preferences:

• MBA or other advanced degree a plus.

 

Pay Range:

$106,088-$176,813/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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