Senior Vice President, Services & Product – Cash Management Solutions

Senior Vice President (SVP), Services & Product – Cash Management Solutions

LPL Financial

 

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 base