LPL Financial
Overview
Product Manager – Cash & Liquidity Management
Base pay range: $132,000.00/yr - $220,000.00/yr
Position Summary: LPL Financial is seeking a strategic and execution-focused Product Manager to lead initiatives within our Cash Management domain, including capabilities such as Payments (ACH, FedNow, Zelle, Debit), 3rd party Banking, general embedded finance and advisor facing experiences. This role is responsible for defining and delivering solutions that enhance the advisor and client experience, ensure operational efficiency, and support the firm’s broader financial ecosystem. The ideal candidate will have a strong background in financial services, product lifecycle management, and cross-functional leadership. This role requires a balance of strategic thinking, technical understanding, influence management and hands-on execution.
Key Responsibilities
Define and own the product vision, strategy, and roadmap for Cash Management capabilities.
Lead product discovery and solutioning in partnership with advisors, service teams, operations, and technology.
Translate business needs into clear product requirements and user stories.
Prioritize features and enhancements based on advisor impact, business value, and technical feasibility.
Collaborate with Agile delivery teams to ensure timely and high-quality execution.
Partner with Service and Operations to ensure readiness and support for new capabilities.
Monitor product performance and user feedback to inform continuous improvement.
Communicate product strategy, progress, and outcomes to stakeholders across the organization.
Ensure alignment with compliance, risk, and regulatory requirements.
Key Success Metrics
Advisor Adoption & Satisfaction: Increase in usage and positive feedback from advisors on cash movement tools.
Feature Delivery: Timely release of roadmap items with minimal delays or scope changes.
Operational Efficiency: Reduction in manual interventions and service tickets related to cash movement.
Quality Assurance: Low defect rates and high success rates in incremental testing and production validation.
Time-to-Market: Improved cycle time from ideation to release.
Cross-Functional Alignment: Positive stakeholder feedback and strong collaboration across Product, Tech, Service, and Operations.
Compliance Readiness: Successful integration of regulatory and risk requirements into product design and delivery.
Innovation Pipeline: Number of new ideas validated and moved into development.
Requirements
Bachelor’s degree in Business, Finance, Technology, or related field; MBA or advanced degree preferred.
9+ years of product management experience in financial services or FinTech.
Core Competencies
Strong understanding of cash movement, payments, and transaction processing.
Strong SDLC & technical background (SQL, CI/CD, UX design, AWS & Cloud).
Strong background in payments, banking, risk, compliance.
Strong Agile background influencing cross functional teams to use best practices.
Excellent communication, stakeholder management, and problem-solving skills.
Familiarity with advisor workflows, service operations, and compliance frameworks.
Ability to translate complex business needs into scalable product solutions.
Strong analytical skills and comfort with data-driven decision-making.
Preferred Skills
Experience with CRM platforms, account onboarding solutions, advisor portals, and financial integrations.
Experience with Broker Dealer or Large Retail bank systems.
Pay $132,000-$220,000/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. This includes 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, LPL supports over 29,000 financial advisors and the wealth-management practices of 1,100 financial institutions, servicing and custodying approximately $1.9 trillion in brokerage and advisory assets on behalf of approximately 7 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.
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 Why LPL?
Innovative Environment: We foster creativity and growth, with a supportive leadership team.
Limitless Career Potential: Your career at LPL has no limits, only potential.
Unified Mission: We are one team on one mission—taking care of our advisors so they can take care of their clients.
Impactful Work: Our size enables real impact.
Commitment to Equality: We support workplace equality and embrace diverse perspectives.
Community Focus: We care for our communities and encourage involvement.
Benefits and Total Rewards: Our package includes a mix of benefits designed to enhance life at work and home.
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.
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.
Information on Interviews: EAC1.22.25
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Product Management and Marketing
#J-18808-Ljbffr
Base pay range: $132,000.00/yr - $220,000.00/yr
Position Summary: LPL Financial is seeking a strategic and execution-focused Product Manager to lead initiatives within our Cash Management domain, including capabilities such as Payments (ACH, FedNow, Zelle, Debit), 3rd party Banking, general embedded finance and advisor facing experiences. This role is responsible for defining and delivering solutions that enhance the advisor and client experience, ensure operational efficiency, and support the firm’s broader financial ecosystem. The ideal candidate will have a strong background in financial services, product lifecycle management, and cross-functional leadership. This role requires a balance of strategic thinking, technical understanding, influence management and hands-on execution.
Key Responsibilities
Define and own the product vision, strategy, and roadmap for Cash Management capabilities.
Lead product discovery and solutioning in partnership with advisors, service teams, operations, and technology.
Translate business needs into clear product requirements and user stories.
Prioritize features and enhancements based on advisor impact, business value, and technical feasibility.
Collaborate with Agile delivery teams to ensure timely and high-quality execution.
Partner with Service and Operations to ensure readiness and support for new capabilities.
Monitor product performance and user feedback to inform continuous improvement.
Communicate product strategy, progress, and outcomes to stakeholders across the organization.
Ensure alignment with compliance, risk, and regulatory requirements.
Key Success Metrics
Advisor Adoption & Satisfaction: Increase in usage and positive feedback from advisors on cash movement tools.
Feature Delivery: Timely release of roadmap items with minimal delays or scope changes.
Operational Efficiency: Reduction in manual interventions and service tickets related to cash movement.
Quality Assurance: Low defect rates and high success rates in incremental testing and production validation.
Time-to-Market: Improved cycle time from ideation to release.
Cross-Functional Alignment: Positive stakeholder feedback and strong collaboration across Product, Tech, Service, and Operations.
Compliance Readiness: Successful integration of regulatory and risk requirements into product design and delivery.
Innovation Pipeline: Number of new ideas validated and moved into development.
Requirements
Bachelor’s degree in Business, Finance, Technology, or related field; MBA or advanced degree preferred.
9+ years of product management experience in financial services or FinTech.
Core Competencies
Strong understanding of cash movement, payments, and transaction processing.
Strong SDLC & technical background (SQL, CI/CD, UX design, AWS & Cloud).
Strong background in payments, banking, risk, compliance.
Strong Agile background influencing cross functional teams to use best practices.
Excellent communication, stakeholder management, and problem-solving skills.
Familiarity with advisor workflows, service operations, and compliance frameworks.
Ability to translate complex business needs into scalable product solutions.
Strong analytical skills and comfort with data-driven decision-making.
Preferred Skills
Experience with CRM platforms, account onboarding solutions, advisor portals, and financial integrations.
Experience with Broker Dealer or Large Retail bank systems.
Pay $132,000-$220,000/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. This includes 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, LPL supports over 29,000 financial advisors and the wealth-management practices of 1,100 financial institutions, servicing and custodying approximately $1.9 trillion in brokerage and advisory assets on behalf of approximately 7 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.
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 Why LPL?
Innovative Environment: We foster creativity and growth, with a supportive leadership team.
Limitless Career Potential: Your career at LPL has no limits, only potential.
Unified Mission: We are one team on one mission—taking care of our advisors so they can take care of their clients.
Impactful Work: Our size enables real impact.
Commitment to Equality: We support workplace equality and embrace diverse perspectives.
Community Focus: We care for our communities and encourage involvement.
Benefits and Total Rewards: Our package includes a mix of benefits designed to enhance life at work and home.
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.
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.
Information on Interviews: EAC1.22.25
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Product Management and Marketing
#J-18808-Ljbffr