VP, Tech Vendor Strategy & Governance

LPL Financial; Fort Mill (SC); On-site; USD 127,514 - 212,489; Full time

Job summary

LPL Financial in the United States seeks an IT Vendor Manager at VP level to lead a portfolio of critical technology vendors. You will partner with technology, procurement, and business stakeholders to optimize vendor value, governance, and enterprise initiatives.

This role emphasizes contract strategies, pricing models, and RFI/RFP leadership, with responsibilities spanning negotiation, risk management, and vendor performance across cloud, SaaS, and enterprise platforms.

Qualifications

• 12+ years of experience managing complex technology vendors, contracts, or partnerships.
• 8-10+ years of experience in financial services or wealth management environments.
• Commercial acumen with experience in negotiation and vendor pricing models.
• Experience developing and evaluating RFPs, SLAs, and complex commercial agreements.

Responsibilities

• Serve as the vendor relationship manager for critical technology vendors supporting enterprise platforms and business capabilities.
• Lead vendor governance activities, including performance management, executive business reviews, and vendor-led innovation initiatives.
• Drive measurable value across vendor engagements through cost optimization, license management, and commercial structure improvements.
• Support enterprise transformation initiatives including AI adoption, cloud migration, platform consolidation, and M&A integrations.
• Act as a subject matter expert on contract structures, pricing models, and negotiation strategies across enterprise technology vendors.
• Partner with Procurement and Strategic Sourcing to lead benchmarking, pricing negotiations, and commercial strategy development.
• Lead technology participation in RFI/RFP processes, ensuring alignment with business, regulatory, and operational requirements.
• Provide insights on emerging technologies, vendor landscape shifts, and regulatory considerations impacting financial services.
• Evaluate vendor capabilities across cloud, infrastructure, cybersecurity, SaaS, and enterprise applications.
• Monitor vendor performance, SLAs, and delivery quality to ensure operational stability.
• Identify, escalate, and mitigate vendor risks, including operational, compliance, regulatory, cybersecurity, and third-party risk exposures.
• Ensure alignment with enterprise Third-Party Risk Management (TPRM) frameworks.
• Support issue resolution, escalations, and vendor offboarding activities as required.

Skills

Vendor management

Contract negotiation

RFP processes

Executive communication

Risk management

Strategic thinking

Tools

Microsoft Excel

PowerPoint

SharePoint

Vendor management tools

Job description

LPL Financial in the United States seeks an IT Vendor Manager at VP level to lead a portfolio of critical technology vendors. You will partner with technology, procurement, and business stakeholders to optimize vendor value, governance, and enterprise initiatives.

This role emphasizes contract strategies, pricing models, and RFI/RFP leadership, with responsibilities spanning negotiation, risk management, and vendor performance across cloud, SaaS, and enterprise platforms.