SVP, Cash Management Solutions

 

Generate Interest:

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:

The Senior Vice President (SVP), Cash Management Solutions is a critical leadership role within the Banking & Lending organization. Our aspiration at LPL is to be the best firm in wealth management. To deliver on this, we are investing to develop best-in-class banking and lending solutions for advisors and their end clients.

In this role, you will lead the strategy, design, development, execution and delivery of LPL’s cash management products and services. You will be responsible for driving innovation, optimizing best-in-class product offerings, building out the service organization, and guiding digital experiences while ensuring regulatory compliance. Working closely with internal partners and third party partners, you will accelerate the growth of LPL’s banking business.

Responsibilities:

• Define and execute the product strategy for cash management solutions, including cash management accounts, dedicated spending accounts, and associated capabilities (including checkwriting, bill pay, debit cards, direct debit, direct deposit, and others).
• Conduct research on industry trends, customer experience, and competitor offerings to inform product decisions.
• Oversee the lifecycle of cash management solutions, from ideation to launch, ensuring competitive differentiation.
• Build-out a service organization that delivers a world-class experience for all CMA related solutions.
• Guide the development of best-in-class web and mobile digital experiences for advisors and their end clients, including expanded capabilities that enable end clients to manage their daily financial activities.
• Partner closely with internal partners (e.g., technology, operations, sales, and marketing teams) and external partners (e.g., banks, fintechs and payment companies) to drive product and service success.
• Monitor product profitability, pricing strategies, and revenue growth opportunities.
• Present product roadmaps and performance insights to executive leadership and key stakeholders.
• Lead a product organization that has a passion for driving the Advisor and Investor experience and ability to persuade others to share this vision, collaborate and execute.
• Ensure all products adhere to financial regulations and risk management policies.

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. This role offers the opportunity to shape the future of cash management solutions, drive innovation, and contribute to LPL’s success! If you're passionate about financial products and strategic leadership, we invite you to apply!

Requirements:

• Bachelor's degree in Business, Finance, or related field; MBA preferred.
• 10+ years in product management within financial services, with expertise in cash management solutions.
• Experience operating within wealth management and banking environments and familiarity with the regulatory landscape for each.
• Track record of growing and scaling a cash management business while relying on third party partners.
• Proven ability to lead teams, drive strategic initiatives, and influence senior stakeholders.
• Adept at building highly collaborative partnerships with key external partners, including banks, fintechs and payment providers. Experience leading vendor qualification, selection, and contracting process. Demonstrated ability to create alignment, momentum, and joint execution across companies.
• Understanding of financial technology, digital banking, and payment systems.
• Strong ability to interpret data, market trends, and customer insights.
• Excellent verbal and written communication skills, with the ability to present complex ideas effectively.

 

Pay Range:

$187,200-$312,000/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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