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LPL Financial

VP, Product Manager - Market Data

LPL Financial, Boston, MA


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.Job Overview:The Vice President, IIS – Market Data is responsible for strategy, managing and further developing LPL’s enterprise Market Data Platforms. LPL is continuously enhancing their solutions, and this role will be responsible for work on our Market Data platforms with a focus on streamlining our offering while focusing on reliability, scalability & efficiency. Candidates for this role should expect to work with a diverse group of cross-functional teams in a process-driven manner to ensure creative and continuous improvements – with the goal of exciting our advisor base, leading the market, and attracting additional business.Responsibilities:Work to create strategy and maintain a vision, road-map, growth opportunities, and product backlog for our Market Data platforms. Ensure we are delivering the highest quality Market Data experience to our advisorsExperience in data governance & process controls related to Market Data.Exchange agreement knowledge as well as excellent vendor relationship management skillsIdentify, define, and prioritize the most impactful market and growth opportunities for LPL’s solutionsLeveraging internal partners to launch new solutions, while engaging with external partnersCreate, implement and maintain distribution of Market Data strategyBuild relationships and strong partnerships across the organization; such as Marketing, Sales, Transition Partners, Finance, and ComplianceNegotiates contracts with key Technology Vendors in such a way to drive value across Business, Product and Technology roadmapsExperience with 3rd party Market Data providers such as ICE, Thomson, Factset, LSEG, Bloomberg, Refinitiv etc.Responsible for documenting and managing functional requirements, stories, and projects in Agile Scrum Lead the planning of product release plans and set the expectation for delivery of new functionalities with PI roadmapsProvide an active role in mitigating impediments impacting successful team completion of Release/Sprint GoalsAssess value, develop cases, and prioritize stories, epics and themes to ensure work focuses on those with maximum value that are aligned with product strategyBe aware of the risks posed at every phase of the development life cycle, and ensure oversight and controls are implemented to minimize the risk to the firm and to the advisorsProvide thought leadership on a wide range of subjects related to market data, including regulatory matters, industry trends and the competitive landscape.Be a thought leader within both the product and market data space, actively looking for opportunities to differentiate our team within LPL, and LPL within the Financial Industry.Communicate and coordinate with teams and stakeholders ensuring wide alignment on direction, priority, and strategic benefits.Be the subject matter expert on our users and their needs by conducting customer interviews, reviewing product analytics, hosting user feedback sessions, and aggregating insight from internal partnersWhat 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: 5+ years of related experience with Market Data; with a strong understanding of industry3+ years of experience across Broker-Dealer platformsBachelor’s Degree or equivalent experience3+ years executing in agile environmentCore Competencies: Articulate, confident, driven professional with experience in implementing Market Data strategy in a results-oriented, fast-paced and growing environmentUnderstanding of the regulatory landscape with regard to Market DataDemonstrated ability to effectively interact with all levels within an organizationSuperior communication and presentation skillsStrong project management and organizational skills, attention to detail and the ability to prioritize and multi-taskArticulate, confident, driven professional with the ability to work on a cross-functional team and drive outcomes, in some cases without having direct authorityA strong understanding of the complexities of financial services and the regulatory environment we operate in, particularly as it relates to the trading space of various security types.High level of intellectual curiosity and business acumenStrong analytical and organizational skills with demonstrated ability to evaluate business opportunities, gauge results against established objectives, and make informed tradeoffs in a prioritization exercises.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 teamExcels at delivering new capabilities using Agile methodology, at times managing multiple priorities across a portfolio of trading products simultaneouslyCurious learner who develops hands-on expertise in their products and related processes, and is comfortable in rapidly changing and sometimes ambiguous work situations.Comfortable interacting directly with advisors both 1:1 and in large groupsProficiency in Microsoft Office productsPreferences: MBA, CFA, or industry relevant certificationsExperience in the financial services industry, preferably within a broker-dealer, RIA, investment or financial services firmAgile and/or SAFe trainings and certificationsKnowledge of UI/UX fundamental principlesPay Range: $132,000.00 - $220,000.00Actual 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.Want to hear from our employees on what it’s like to work at LPL?  Watch this!We take social responsibility seriously. Learn more hereWant to see info on our benefits?  Learn more hereJoin 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.SummaryLocation: Fort Mill/Charlotte; San Diego; Boston; Austin TXType: Full time