VP, Product Manager - Market Data

Job Overview :

The Vice President, IIS Market Data is responsible for strategy, managing and further developing LPL’s enterprise Market Data Platforms.

LPL is continuously enhancing their solutions, and this role will be responsible for work on our Market Data platforms with a focus on streamlining our offering while focusing on reliability, scalability & efficiency.

Candidates for this role should expect to work with a diverse group of cross-functional teams in a process-driven manner to ensure creative and continuous improvements with the goal of exciting our advisor base, leading the market, and attracting additional business.

Responsibilities :

Work to create strategy and maintain a vision, road-map, growth opportunities, and product backlog for our Market Data platforms.

Ensure we are delivering the highest quality Market Data experience to our advisors

Experience in data governance & process controls related to Market Data.

Exchange agreement knowledge as well as excellent vendor relationship management skills

Identify, define, and prioritize the most impactful market and growth opportunities for LPL’s solutions

Leveraging internal partners to launch new solutions, while engaging with external partners

Create, implement and maintain distribution of Market Data strategy

Build relationships and strong partnerships across the organization; such as Marketing, Sales, Transition Partners, Finance, and Compliance

Negotiates contracts with key Technology Vendors in such a way to drive value across Business, Product and Technology roadmaps

Experience with 3rd party Market Data providers such as ICE, Thomson, Factset, LSEG, Bloomberg, Refinitiv etc.

Responsible for documenting and managing functional requirements, stories, and projects in Agile Scrum

Lead the planning of product release plans and set the expectation for delivery of new functionalities with PI roadmaps

Provide an active role in mitigating impediments impacting successful team completion of Release / Sprint Goals

Assess value, develop cases, and prioritize stories, epics and themes to ensure work focuses on those with maximum value that are aligned with product strategy

Be aware of the risks posed at every phase of the development life cycle, and ensure oversight and controls are implemented to minimize the risk to the firm and to the advisors

Provide thought leadership on a wide range of subjects related to market data, including regulatory matters, industry trends and the competitive landscape.

Be a thought leader within both the product and market data space, actively looking for opportunities to differentiate our team within LPL, and LPL within the Financial Industry.

Communicate and coordinate with teams and stakeholders ensuring wide alignment on direction, priority, and strategic benefits.

Be the subject matter expert on our users and their needs by conducting customer interviews, reviewing product analytics, hosting user feedback sessions, and aggregating insight from internal partners

What are we looking for?

We want strong collaborators who can deliver a world-class client experience . We are looking for people who thrive in a fast-paced environment , are client-focused, team-oriented , and are able to execute in a way that encourages creativity and continuous improvement .

Requirements :

5+ years of related experience with Market Data; with a strong understanding of industry

3+ years of experience across Broker-Dealer platforms

Bachelor’s Degree or equivalent experience

3+ years executing in agile environment

Core Competencies :

Articulate, confident, driven professional with experience in implementing Market Data strategy in a results-oriented, fast-paced and growing environment

Understanding of the regulatory landscape with regard to Market Data

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

Articulate, confident, driven professional with the ability to work on a cross-functional team and drive outcomes, in some cases without having direct authority

A strong understanding of the complexities of financial services and the regulatory environment we operate in, particularly as it relates to the trading space of various security types.

High level of intellectual curiosity and business acumen

Strong analytical and organizational skills with demonstrated ability to evaluate business opportunities, gauge results against established objectives, and make informed tradeoffs in a prioritization exercises.

Expert communication skills, both written and oral, with ability to present materials to the highest levels in the organization and serve as one of the recognized subject matter experts on the team

Excels at delivering new capabilities using Agile methodology, at times managing multiple priorities across a portfolio of trading products simultaneously

Curious learner who develops hands-on expertise in their products and related processes, and is comfortable in rapidly changing and sometimes ambiguous work situations.

Comfortable interacting directly with advisors both 1 : 1 and in large groups

Proficiency in Microsoft Office products

Preferences :

MBA, CFA, or industry relevant certifications

Experience in the financial services industry, preferably within a broker-dealer, RIA, investment or financial services firm

Agile and / or SAFe trainings and certifications

Knowledge of UI / UX fundamental principles

Pay Range :

$132,000.00 - $220,000.00Actual 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!