VP, Trading Product Manager

Job Overview

The Product Management team within LPL is responsible for delivering a highly competitive set of investment solutions. The focus of this role will be supporting Clientworks Rebalancer. This is a fluid product management team focused on building efficiency, being accountable, and executing outcomes cross-functionally.

Responsibilities

• Execute implementation of new trading capabilities with a specific strategic focus on CWR Clientworks Rebalancer.
• Drive adoption of new systems or functionality.
• Utilize LPL's strong Balance Sheet as a strategic differentiator from competitors and identify innovative solutions to help our advisors grow.
• Maintain and enhance current Trading Platform for our clients to assist in efficiency gains for the advisors at LPL.
• Align trading capabilities with the marketplace so that we are competitive and look for opportunities to be differentiated versus our peers.
• Ensure the proper risk management oversight and controls are developed.
• Product Management ownership leading significant opportunities to define and execute on a roadmap to develop a competitive program and enhance customer satisfaction.
• Collaborate with internal business partners, including client-facing teams, finance, and operations, to deliver best-in-class product solutions, while achieving revenue targets.
• Define and implement strategic profit and growth roadmaps for assigned products.
• Provide thought leadership on a wide range of subjects related to trading services, including regulatory matters, market trends, and the competitive landscape.
• Assess and develop trading partnership suite of products.
• Gain alignment on opportunities and need for funding including cost and benefit analysis.
• Develop the journey maps for new clients and existing clients and identify areas of technology integration to create better client experience.

Requirements

• 7-10+ years related experience in trading; with a strong understanding of industry
• 2+ years across Advisory, Brokerage, various security types and order entry platforms
• 10+ years experience as product owner or product management capacity

Core Competencies

• Skilled in Rebalance and Overlay trading functionality
• Ability to assess and develop operations infrastructure needed to implement
• Increase penetration via advisor dialogue and investor marketing campaign to drive higher adoption and ultimately revenue
• Articulate, confident, driven professional with the ability to work with experienced professionals in a results-oriented, fast-paced and growing environment
• Understanding of the regulatory landscape with regard to trading
• High level of intellectual curiosity and business acumen
• Demonstrated ability to effectively interact with all levels within an organization
• Superior communication and presentation skills
• Strong project management and organizational skills, attention to detail and the ability to prioritize and multi-task

Preferences

• Series 4, 7, 24, 53, 55 and 66 preferred
• Proficiency in Microsoft Office products
• College degree preferred, MBA, CFA or advanced degree a plus