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