What are the responsibilities and job description for the VPII, Head of Centrally Managed Technology" position at LPL Financial?
LPL Financial is the #1 independent broker-dealer in the US, a Fortune 500 company, with assets under custody and advisory assets greater than 1.2 trillion USD. It’s a fast-growing fintech firm (NASDAQ: LPLA) with more than 22,000 advisors and more than 1000 institutional wealth managers leveraging LPL’s technology platform and business services.
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:
Working independently, the VPII, Software Engineering Manager - Head of Centrally Managed Technology oversees software engineering talent across multiple development teams. The individual will be well-versed in financial, trading, and advisory technologies. As a trusted technology partner, you will drive the outcomes, build partnerships, and help provide transparency on the execution and operational KPIs. This will include working cross-functionally to ensure the development teams deliver quality that is well-defined and understood by the teams.
As the Head of Centrally Managed Technology, you will recruit and coach engineers to ensure they can successfully deliver technology solutions including standards, pre-production environments, and development tools. In addition, this position partners with other Agile team leaders to share learning, mitigate technical dependencies, plan for capacity needs, and establish practice consistency between Agile teams. Activities will also include daily oversight of development quality, and partnering with solution architecture to establish patterns that progress the teams towards scalable platforms.
Responsibilities:
Transformational leadership experience modernizing trading platforms to improve stability, handle scale, and optimize the Advisor or Investor experience with complex trading platforms.
Lead and understand large data sets and ability to drive solutions around the data and trading technologies
Build strong relationships with key stakeholders, including architecture, data, product, and business partners, and strategies to scale, resilient and modernize platforms
Lead engineering teams to buy, build, or integrate solutions based on agile methodology with dedicated teams
Growth mindset with a passion for innovation, continuous improvements, and driving business growth through trading technology.
Formulating workable solutions to complex challenges; logically deliberating on courses of action by examining and challenging assumptions, discerning hidden value, objectively evaluating evidence, and assessing conclusions.
Demonstrates the ability to communicate complex technical concepts to target audiences ranging from the board to individual contributors.
Measure success by say/do, velocity, defect remediation, and clear value to the trading platforms
Provide technical leadership to teammates through technical design, and implementation of best practices, adhering to LPL’s modernization practices, Cloud practices, SDLC and release management processes.
Ability to influence cross-functional teams to adopt best practices or make process changes to drive more value for Advisors
Servant leader who applies leadership principles and fosters a culture of inclusivity and diversity
Maintain, troubleshoot, optimize, and enhance Trading Platform applications.
Ensure service level agreements and contingency activities are covered related to system/application availability.
Requirements:
Minimum of 15 years of experience in technology leadership roles that span across Technology development, Engineering best practices, product development, and delivery leadership roles preferably within a financial service, or related FinTech firms.
Minimum of 10 years of developing, cultivating, and leading strong, high-performing teams in an agile environment.
Minimum of 10 years of related experience in capital markets with a strong understanding of trading, wealth management, and financial industry
Bachelor’s degree in computer science, information systems, engineering, or a related field
Core Competencies:
The ability to work in a cross-functional team and drive outcomes without having direct authority.
Strong analytical skills with a demonstrated ability to evaluate business opportunities and evaluate results against established objectives.
Extensive experience working in large technology ecosystems with emphasis on integrating multiple externally facing high-scale, high volume, always-on mission-critical systems.
Must have executive presence and ability to communicate & engage effectively with senior technology leadership
Pay Range:
Company Overview:
LPL Financial Holdings Inc. (Nasdaq: LPLA) was founded on the principle that the firm should work for advisors and institutions, and not the other way around. Today, LPL is a leader in the markets we serve, serving more than 23,000 financial advisors, including advisors at approximately 1,000 institutions and at approximately 580 registered investment advisor ("RIA") firms nationwide. We are steadfast in our commitment to the advisor-mediated model and the belief that Americans deserve access to personalized guidance from a financial professional.
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.
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. !
Commitment to Equality: We support workplace equality and embrace diverse perspectives and backgrounds. !
Community Focus: We care for our communities and encourage our employees to do the same. !
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. !
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.
EAC1.22.25
Salary : $186,500 - $310,900
