Svp, Overlay Trading

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 of Overlay Trading is responsible for delivering highly scalable trading solutions to LPL's Centrally Managed Advisory programs. This includes the trading function for these programs along with service and operational components specific to Centrally Managed program offerings. The programs include the Unified Managed Account (UMA), Separately Managed Account (SMA) and MF/ETF wrap programs. This leader's team is comprised of over 60 team members and their assets under management is more than $200B.

The SVP of Overlay Trading is a leader on the Advisory Programs team within the Wealth Management organization at LPL. It partners closely with the Advisory Programs team, Product and Technology teams, third party vendors for platform capabilities, as well as other key stakeholders in delivering a leading outsourced trading solution to clients. The leader must develop and regularly refresh strategies to improve the quality and scalability of this service (technology, vendor, and human capital) as it continues to grow and evolve.

Responsibilities:

• Translate strategic directives into actionable plans and operational procedures.
• Balance the delivery of excellent advisor/client experiences while driving operational efficiency.
• Specific focus on supporting the build out of emergent tax overlay capabilities, advisor utilization of alternative investments, and increased advisor flexibility within the UMA.
• Develop talent and maintain a high-performance culture.
• Enhance metrics and accountability aligned with company objectives.
• Build partnerships to deliver necessary change and innovation.

The candidate must have a proven ability to:

• Lead large teams and complex initiatives.
• Influence and collaborate across internal and external stakeholders.
• Drive change management and deliver measurable business outcomes.
• Engage with top clients on escalations and feedback.
• Recruit, develop, and retain top talent.

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 required; CFA or MBA preferred
• Series 7, 65/66 required. Series 24 preferred.
• 15+ years of experience with 10+ years of specific experience in leading large-scale investment advisory trading teams
• Knowledge in managed accounts, tax management, and future state platforms including familiarity with competition (broker-dealers, RIA custodians, TAMPs, etc.)
• Knowledge of commercial trading platforms offered by third-party vendors (InvestCloud, VestMark, MyVest, Charles River Development, etc.)

Pay Range:

$202,704-$337,840/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) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace(6) , LPL supports over 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.3 trillion in brokerage and advisory assets on behalf of approximately 8 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

At LPL, independence means that advisors and institution leaders have the freedom they deserve to choose the business model, services, and technology resources that allow them to run a thriving business. They have the flexibility to do business their way. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors and institutions, so they can take care of their clients.

For further information about LPL, please visit www.lpl.com.

Join LPL Financial: Where Your Potential Meets Opportunity

At LPL Financial, we believe that everyone deserves objective financial guidance. As the nation's leading independent broker-dealer, we offer an integrated platform of cutting-edge technology, brokerage, and investment advisor services.

Why LPL?

• Innovative Environment: We foster creativity and growth, providing a supportive and responsive leadership team. Learn more about our leadership team here!

• Limitless Career Potential: Your career at LPL has no limits, only amazing potential. Learn more about our careers here!

• Unified Mission: We are one team on one mission-taking care of our advisors so they can take care of their clients. Learn more about our mission and values here!

• Impactful Work: Our size is just right for you to make a real impact. Learn more here!

• Commitment to Equality: We support workplace equality and embrace diverse perspectives and backgrounds. Learn more here!

• Community Focus: We care for our communities and encourage our employees to do the same. Learn more here!

• Benefits and Total Rewards: Our Total Rewards package goes beyond just compensation and insurance. It includes a mix of traditional and unique benefits, perks, and resources designed to enhance your life both at work and at home. Learn more here!

Join 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.

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