LPL Financial

Compensation

Full Description

What if you could build a career where ambition meets innovation? At LPL Financial, we empower professionals to shape their success while helping clients pursue their financial goals with confidence. What if you could have access to cutting-edge resources, a collaborative environment, and the freedom to make an impact? If you're ready to take the next step, discover what’s possible with LPL Financial. Job Overview: The IT Vendor Manager will serve as the primary relationship lead and contract strategist for a portfolio of high‑impact technology vendors supporting trading, brokerage, and market‑operations platforms. This role requires deep expertise in capital markets technology, strong commercial acumen, and the ability to drive vendor performance, negotiate complex agreements, and ensure technology partners meet regulatory, operational, and performance standards across the trade lifecycle. Responsibilities: Strategic Vendor Leadership Serve as the vendor relationship manager for critical technology vendors supporting trading platforms, capital markets systems, and market‑operations environments. Lead vendor governance activities, including performance management, service reviews, and vendor‑driven innovation. Minimize value leakage and ensure the organization captures the full value of vendor investments. Commercial & Contract Management Act as a subject matter expert on contract structures, usage, commercial levers, and pricing models specific to market‑technology vendors. Partner with Procurement on benchmarking, pricing negotiations, and commercial strategy for large‑scale, multi‑service agreements. Lead technology’s engagement in RFI/RFP processes to ensure requirements reflect trading‑platform needs, regulatory obligations, and operational dependencies. Technology & Market Expertise Advise on emerging technologies, market‑structure shifts, regulatory impacts, and evolving vendor capabilities. Evaluate vendor offerings and industry trends across equities, fixed income, derivatives, FX, execution, OMS/EMS, and other trading‑technology domains. Support technology leaders with insights influencing platform strategy, vendor selection, budgeting, and forecasting. Operational & Risk Management Monitor vendor performance, SLAs, operational stability, incident support, and delivery quality to ensure alignment with trading‑environment expectations. Identify, escalate, and mitigate operational, compliance, regulatory, cybersecurity, and third‑party risks. Collaborate with Technology, Operations, Risk, Legal, and Compliance partners to ensure vendors meet all regulatory and control standards. Support issue resolution for escalated vendor incidents and oversee vendor offboarding where appropriate. What are we looking for? We’re looking for strong collaborators who deliver exceptional client experiences and thrive in fast-paced, team-oriented environments. Our ideal candidates pursue greatness, act with integrity, and are driven to help our clients succeed. We value those who embrace creativity, continuous improvement, and contribute to a culture where we win together and create and share joy in our work. Requirements: 12+ years of experience managing complex technology vendors, contracts, or strategic partnerships. 10+ years of financial‑services experience with direct exposure to capital markets, trading systems, market data, OMS/EMS, or trade‑lifecycle technology. Demonstrated experience working with major industry vendors (e.g., trading platforms, execution systems, clearing/settlement vendors). Strong analytical, negotiation, and commercial skills. Experience developing and analyzing 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: Expertise across trading‑platform verticals Experience managing vendors supporting regulated trading environments Ability to drive operational excellence and continuous improvement Strong enterprise mindset capable of influencing senior technology and business leaders An individual contributor who thrives with autonomy and owns outcomes end‑to‑end #LI-Hybrid Pay Range: $127,501-$212,502/year 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. Your recruiter will be happy to discuss all that LPL has to offer! 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 LPL Financial: Where Your Potential Meets Opportunity At LPL Financial, we believe that everyone deserves objective financial guidance. As the nation’s leading independent broker-dealer, we offer an integrated platform of cutting-edge technology, brokerage, and investment advisor services. Why LPL? Innovative Environment: We foster creativity and growth, providing a supportive and responsive leadership team. Learn more about our leadership team here! Limitless Career Potential: Your career at LPL has no limits, only amazing potential. Learn more about our careers here! Unified Mission: We are one team on one mission—taking care of our advisors so they can take care of their clients. Learn more about our mission and values here! Impactful Work: Our size is just right for you to make a real impact. Learn more here! Commitment to Equality: We support workplace equality and embrace diverse perspectives and backgrounds. Learn more here! Community Focus: We care for our communities and encourage our employees to do the same. Learn more here! Benefits and Total Rewards: Our Total Rewards package goes beyond just compensation and insurance. It includes a mix of traditional and unique benefits, perks, and resources designed to enhance your life both at work and at home. Learn more here! Join the LPL team and help us make a difference by turning life’s aspirations into financial realities. Please log in or create an account to apply to this position. 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 (855) 575-6947. EAC12.9.25 LPL Financial is the nation’s largest independent broker-dealer.* Our company is widely known for its financial strength, exceptional service, and favorable industry reputation among financial professionals. To understand who we are, it’s important to know our core belief: financial guidance is a fundamental need for everyone. LPL Financial creates the space to let you do what you do best – create personal, long-term client relationships that turn financial aspirations into realities. Each year, thousands of financial professionals successfully manage billions of dollars in assets. Because our company is not too big and not too small, you can seize the opportunity to make a real impact. To learn more about our organization visit our About LPL page. * As reported by Financial Planning magazine, June 1996-2019, based on total revenue. Want to learn more about the benefits of working at LPL? Check out the links below! We Are LPL Benefits Culture Social Responsibility