VP, Trading Product Manager

LPL Financial•San Diego, CA

1d•$135,960 - $226,600

About The Position

The Product Management team within LPL is responsible for delivering a highly competitive set of investment solutions. The focus of this role will be supporting Clientworks Rebalancer. This is a fluid product management team focused on building efficiency, being accountable and executing outcomes cross functionally. Individuals in this role must have a full understanding of, and ability to explain, all business aspects of our products/platforms and must be able to work with numerous business units across the firm. The teams’ goal is to leverage the strengths of our existing model, enhance the capabilities we offer our advisors and execute with excellence. The Vice President, Product Management - Trading is responsible for managing and further developing LPL’s trading capabilities. LPL is continuously enhancing their trading solutions. This role will be responsible for work on our trading platform, technology implementation across security types, multiple vendors and systems. Drives the creation and maintenance of the product roadmap and portfolio.

Requirements

7-10+ years related experience in trading; with a strong understanding of industry
2+ years across Advisory, Brokerage, various security types and order entry platforms
10+ years experience as product owner or product management capacity
Skilled in Rebalance and Overlay trading functionality
Ability to asses and develop operations infrastructure needed to implement
Increase penetration via advisor dialogue and investor marketing campaign to drive higher adoption and ultimately revenue
Articulate, confident, driven professional with the ability to work with experienced professionals in a results-oriented, fast-paced and growing environment
Understanding of the regulatory landscape with regard to trading
High level of intellectual curiosity and business acumen
Demonstrated ability to effectively interact with all levels within an organization
Superior communication and presentation skills
Strong project management and organizational skills, attention to detail and the ability to prioritize and multi-task

Nice To Haves

Series 4, 7, 24, 53, 55 and 66 preferred
Proficiency in Microsoft Office products
College degree preferred, MBA, CFA or advanced degree a plus

Responsibilities

Execute implementation of new trading capabilities with a specific strategic focus on CWR Clientworks Rebalancer.
Drive adoption of new systems or functionality.
Utilize LPL’s strong Balance Sheet as a strategic differentiator from competitors and identify innovative solutions to help our advisors grow
Maintain and enhance current Trading Platform for our clients to assist in efficiency gains for the advisors at LPL
Align trading capabilities with the marketplace so that we are competitive and look for opportunities to be differentiated versus our peers
Ensure the proper risk management oversight and controls are developed
Product Management ownership leading significant opportunities to define and execute on a roadmap to develop a competitive program and enhance and customer satisfaction
Collaboration with internal business partners, including client-facing teams, finance, and operations, to deliver best-in-class product solutions, while achieving revenue targets.
Define and implement strategic profit and growth roadmaps for assigned products.
Provide thought leadership on a wide range of subjects related to trading services, including regulatory matters, market trends and the competitive landscape.
Assess and develop trading partnership suite of products
Gain alignment on opportunities and need for funding including cost and benefit analysis
Developed the journey maps for new clients and existing clients and identified areas of technology integration to create better client experience