AVP, Overlay Portfolio Management Group (OPMG)

LPL Financial; Fort Mill (SC); On-site; USD 119,000 - 199,000; Full time

Job summary

LPL Financial in the United States seeks an Assistant Vice President for the Overlay Portfolio Management Group to drive enhancements in the Model Wealth Portfolio UMA Platform and Centrally Managed Platforms. You will balance strategic direction with hands-on delivery.

You will coordinate with business and technical partners, manage multiple initiatives, and deliver platform roadmaps under tight deadlines, while maintaining strong stakeholder relationships and risk management practices.

Qualifications

• Bachelor's Degree required.
• Ability to manage multiple initiatives concurrently in a fast-paced, entrepreneurial environment.
• Experience with investment management operations and unified managed accounts is a plus.

Responsibilities

• Collaborate across the firm to align vision, strategy, and performance with goals.
• Demonstrate knowledge of LPL platforms, products and services.
• Interact with internal and external stakeholders to support business objectives.
• Lead and prioritize multiple initiatives within the Overlay Portfolio Management Group.

Skills

Strategic thinking

Leadership

Cross-functional collaboration

Communication

Risk management

Project management

Education

Bachelor's Degree

Tools

Microsoft Excel

Access

PowerPoint

Job description

Job Overview

As Assistant Vice President of Overlay Portfolio Management Group, you will focus on the competencies that deliver on implementing a World Class Investment Platform. You will achieve this by prioritizing work on enterprise-wide projects, specifically focusing on enhancements to the Model Wealth Portfolio UMA Platform and the other Centrally Managed Platforms. You will lead multiple initiatives within this program simultaneously and will be required to deliver the Centrally Managed Platform deliverables by the stated deadlines. You will be required to interact with a range of internal and external stakeholders to uphold the success of the stated business objectives. Your key role is a balance of communication and tactical execution.

Job Overview

As Assistant Vice President of Overlay Portfolio Management Group, you will focus on the competencies that deliver on implementing a World Class Investment Platform. You will achieve this by prioritizing work on enterprise-wide projects, specifically focusing on enhancements to the Model Wealth Portfolio UMA Platform and the other Centrally Managed Platforms. You will lead multiple initiatives within this program simultaneously and will be required to deliver the Centrally Managed Platform deliverables by the stated deadlines. You will be required to interact with a range of internal and external stakeholders to uphold the success of the stated business objectives. Your key role is a balance of communication and tactical execution.

Responsibilities

• Collaborate across the firm to maintain alignment on vision, strategy, and performance to goals, approaching strategy with an entrepreneurial mindset, leveraging critical thinking to increase the value proposition of assigned products and programs.
• Demonstrate knowledge of LPL platforms, products and services
• Actively anticipates, identifies, and manages risks within Managed Accounts scope and at the company
• Work closely with business and technical partners to align goals and priorities, including providing vision for PI events and backlog management.
• Work closely the Operations, Service and Trading Teams on department and firm level initiatives.
• Work with external Trading Vendors on prioritization of enhancements and defect management.
• Drive organizational change management for transformational efforts including development of training programs and communications.
• Contribute to developing business strategy that allows for transition of firms to be seamless
• Implement multifaceted roadmap goals within OPMG
• Manage relationships with key enterprise stakeholders
• Develop roadmaps, plans and metrics that communicate progress, risks, issues and approach to execution that support continuous learning and improve outcomes.
• Drive significant operating efficiencies through continuous improvement best practices
• Prepare influential executive-level presentations to facilitate fact-based business cases, recommendations, and program updates.
• Optimizing and improving processes and the overall approach where necessary

Requirements

• Bachelor's Degree
• Ability to manage multiple initiatives concurrently in a fast-paced, entrepreneurial environment
• Series 7 & 65/66
• Knowledge of investment management operations and practices with particular emphasis on unified managed accounts including trading and portfolio accounting systems
• Capacity to manage high stress situations
• Knowledge of financial markets, including equities, fixed income, mutual funds, ETFs, and hedge funds
• Communicate concisely objectives, outcomes, and progress
• Consistently deliver by specific deadlines
• Ability to multi-task and manage various projects simultaneously
• Attention to detail
• Conflict Resolution Skills
• Experience working in a fast-paced environment with daily deadlines.
• Consistently deliver by specific deadlines
• Highly collaborative with experience in leading and influencing teams and individuals across lines of business, functional areas and different levels of an organization
• Courage to hold peers and others not directly in the reporting line accountable
• Experience communicating gaps and influencing product management partners to ensure that technical requirements are representative of team needs

Core Competencies

• Strategic thought leader that can influence others to drive meaningful outcomes
• Detail-oriented and strong analytical skills
• Expert user of Microsoft Excel, Access and PowerPoint, including pivot tables and smart sheets
• Expert presentation skills, both in terms of creating clear messaging and professional presentation and delivery.
• Strong intrapersonal and team-building skills
• Accessible and approachable
• Ambitious in goal setting and fearless in the pursuit of greatness
• Demonstrated experience in team management, leadership, coaching, and/or working in cross functional teams/projects.
• Embraces change, envisions impact, and brings others along the journey.
• Balances “now achievements” with potential future outcomes.
• Innovative; thinks outside the box, exploring new ideas and experimenting with novel approaches.
• Applies analysis, diverse perspectives, experience and judgment to enhance planning and make good decisions.
• Remains robust under pressure and can recover from setbacks quickly and effectively
• Recognizes and acts on their responsibility as an inclusive leader and influences the LPL values
• Has a passion for what they do and why they do it, contributing to and creating an atmosphere that radiates enthusiasm, and optimism.
• Recognizes individual and team contributions regularly; providing constructive feedback that promotes growth.
• Open to change and adapts to new challenges or responsibilities, contributing to a positive team dynamic.
• Show integrity, honesty and transparency
• Willingness to share knowledge, utilize diverse perspectives and support team efforts
• Performs the work to achieve success, assisting in the delivery of projects and initiatives throughout the firm that drives toward goal achievement.
• Operates with a focus on process and quality, identifying obstacles and risks to solve problems.
• Analyzes situations carefully, generating and organizing ideas, weighing options and designing a systematic plan of action that stages activities and adjust with contingency plans.
• Applies knowledge of internal structures, process and talent to resourcing efforts
• Identify training needs and provide opportunities for skill development related to operational excellence methodologies (like Lean Management System, Six Sigma).
• Monitors and reviews identified risks and risk processes to track risk management strategies and their effectiveness.

Qualifications

• Track record of delivering on high priority cross functional projects in an Advisory, wealth management, or investment management environment
• Experience in building teams to operationalize new business lines while ensuring that they are scalable and best in class.
• Knowledge of LPL Advisory Account management processes, procedures, and systems.
• Passionately curious dynamic and innovative collaborator, excited to learn from each other and share your own expertise

Pay Range

$119,480.00 - $199,099.00

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.

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 thriving businesses. 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 the LPL team and help us make a difference by turning life’s aspirations into financial realities. 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 [phone].

EAC 5.19.26