VP, Trading

Are you a team player? Are you curious to learn? Are you interested in working in meaningful projects? Do you want to work with cutting-edge technology? Are you interested in being part of a team that is working to transform and do things differently? If so, LPL Financial is the place for you!
 

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 30,000 financial advisors, 800 institution-based investment programs and 450 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 of Equity & Option Trading plays an integral role over all aspects of equity and option trading in support of over 30,000 advisors and institutions. As a member of the Trading leadership team, the VP will provide strategic direction to deliver a leading advisor and client experience, through oversight of staff responsible for service delivery, trading operations, order routing, best execution and market center relationships.

Responsibilities:

• Equity and Option Trading Operations - Oversight of the firm’s equity and options trading organization which handles incoming electronic and phoned in trades on behalf of registered investment advisors, financial institutions, money managers, internal portfolio managers and retail clients.

• Service Delivery – Ensure that regional and remote trading staff meet service level standards in a high volume, high risk, fast paced environment.

• Advisor & Client Experience – Capture voice of customer and partner cross functionally to deliver and drive adoption of digital tools, product capabilities and services to create a leading overall platform experience

• Risk Management – Identify, establish and apply financial and regulatory risk related controls.

• Best Execution – Member of the firm’s Best Execution committee which monitors equity and option order routing practices and best execution obligations.

• Employee Experience – Create an enriching employee experience that attracts and retains top talent, develops strong leaders and creates cultural connection for both office-based and remote workers.

• Vendor Management - Develop and maintain market center and industry relationships to drive positive outcomes for customers and the firm.

• Collaboration – Work with a diverse group of cross-functional teams to drive creative and continuous improvements

What are we looking for?

We want strong collaborators who 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:

• 10+ years of experience building and leading trading teams, preferably with a self- clearing broker dealer

• FINRA licenses 4,7,24,57 and 63 or equivalent

Core Competencies:

• An ability to effectively engage, influence, develop and motivate teams in a hybrid (office and remote) environment

• Superior communication skills with the ability to interact effectively at all levels of the organization

• An ability to anticipate and plan for changes in the business model, growth and corresponding volumes

 

Pay Range:

$152,300-$253,900/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