VP, Financial Institution Strategy – Banks/Credit Unions

About the Role

Our innovative, entrepreneurial, high-performing team is seeking a leader to help execute upon the firm’s outsourced wealth solution strategy in support of credit unions. Reporting to the SVP, Outsourced Wealth Strategy for Financial Institutions, this individual will lead a team helping develop and guide the vision for LPL’s financial institution channel. This role requires analytical and strategic agility as well as an understanding of what is needed to support successful wealth programs in banks and credit unions. The role joins the Business Strategy and Growth (BSG) team, which unites strategy, experience, and innovation to enhance the client experience for advisors, large enterprises, and institutions. BSG plays a critical role in setting and executing the firm’s strategic direction and developing powerful business services that help clients succeed.

Responsibilities

• Execute upon the established business strategy by driving policy, process, and product enhancements in collaboration with cross-functional leaders.
• Establish and leverage data to track key program performance indicators, identify trends, and ensure projects and programs align to company priorities.
• Build consistent processes to identify and share key program performance metrics with program leaders, wealth executives, and other internal and external stakeholders.
• Partner with the relationship management team and program leaders to build and execute scalable solutions to enhance and grow credit union wealth programs.
• Collaborate with business development and solutions design teams to develop and maintain a standardized implementation and effective onboarding process for new credit union wealth programs.
• Develop and maintain working relationships with process improvement and commercial delivery groups to identify opportunities for process, capability, and experience development, and lead improvement efforts to increase optimal client experience and channel growth.
• Monitor and analyze emerging trends, developments, and players across the industry to inform the company’s view of opportunities and approach to innovation.
• Support the development of the “north star” of experience and capabilities that LPL seeks to deliver to credit union clients.
• Serve as the voice of credit unions when prioritizing internal investment opportunities and company focus.
• Evaluate, analyze, and manage the business line’s business intelligence framework, metrics, and toolsets.

Requirements

• 7-10+ years of experience in the financial services space, including direct background with financial institution wealth programs.
• 5+ years of leadership experience within the financial institution ecosystem.
• Willingness and ability to travel as needed.

Core Competencies

• Desire to be part of an entrepreneurial team and ability to succeed in a dynamic, fast-paced environment grounded in tangible results.
• Superior analytical skills with the ability to identify relevant data, evaluate business opportunities within the context of a larger organization, and present findings clearly and actionably.
• Strong oral, written, and listening skills with the ability to adapt to different audiences, including senior internal leadership and influential external stakeholders.
• Experience partnering with cross-functional teams and business leaders to develop, manage, execute, and implement strategies.

Preferences

• Series 7 & 66 (63/65) licenses.

Pay

Pay Range: $145,436.00 - $242,359.00. Actual base salary varies based on factors including relevant skill, prior experience, education, base salary of internal peers, demonstrated performance, and geographic location.

Benefits

LPL offers a highly competitive Total Rewards package designed to support success at work, at home, and at play. Benefits include 401K matching, health benefits, employee stock options, paid time off, and volunteer time off.