VP, Technology Vendor Manager

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

Where Ambition Meets Innovation

Build a career that matches all your initiative with an impressive dose of innovation. From cutting-edge resources and a collaborative environment to the freedom to make an impact and more, you'll find the ingredients you need at LPL Financial to shape your success while helping clients pursue their financial goals.

Where Ambition Meets Innovation

Build a career that matches all your initiative with an impressive dose of innovation. From cutting-edge resources and a collaborative environment to the freedom to make an impact and more, you'll find the ingredients you need at LPL Financial to shape your success while helping clients pursue their financial goals.

Job Overview

The IT Vendor Manager will serve as the primary relationship lead and contract strategist for a portfolio of high-impact technology vendors. This Vice President-level individual contributor role is responsible for managing complex vendor relationships across enterprise systems, digital platforms, and infrastructure. The role partners with technology, procurement, and business stakeholders to optimize vendor value, ensure effective governance, and support enterprise initiatives.

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, escal, 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

What are we looking for?

We're looking for strong collaborators who pursue greatness, act with integrity, and are driven to help our clients succeed. The ideal candidate thrives in fast-paced, team-oriented environments and contributes to a culture where we win together and create and share joy in our work while delivering meaningful business outcomes.

Requirements

• 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

Core Competencies

• Strategic thinking and commercial acumen
• Market-technology fluency
• Stakeholder influence and executive communication
• Vendor-performance governance and operational rigor
• Risk management and regulatory awareness

Preferences

• Experience managing vendors supporting regulated trading environments
• Experience across cloud, SaaS, cybersecurity, and enterprise platforms
• Ability to drive operational excellence and continuous improvement
• Enterprise mindset capable of influencing senior technology and business leaders
• Experience operating in a highly regulated environment with strong risk awareness
• Proficiency in Microsoft Excel, PowerPoint, SharePoint, and vendor management tools

Pay Range

$127,514.00 - $212,489.00

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 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.

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, contact LPL's Human Resources Solutions Center at [phone].

EAC 5.19.26