LPL Financial
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AVP, Strategic Souricng
role at
LPL Financial
3 days ago Be among the first 25 applicants
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 Strategic Sourcing & Procurement team at LPL Financial seeks an accomplished and dynamic professional to manage cross-functional negotiations across various categories. Are you skilled at building strong relationships and handling challenging conversations to create value through effective partnerships? Do you have proven experience in setting a clear commercial vision, reporting, performing under pressure, improving engagement models, and achieving outstanding financial results? If yes, then this could be the role for you!
Responsibilities
Negotiates medium to high financial and risk contracts to drive value across Business, Product and Technology roadmaps. Contracts include, but are not limited to: MSAs, SaaS Agreements, EULAs, SOWs
Collaborates with Third Party Risk, FP&A and Legal to conduct contract analysis, establish clear metrics of success and reduce third party risk.
Partners to further establish LPL’s evolving location strategy and align third party contracts, vendor consolidation and contract renegotiations with this strategy.
Mentors and develops sourcing talent, fostering a culture of continuous learning and improvement.
Develops and implements category and sourcing strategies independent of the Sourcing category by collaborating with partners and incorporating a thoughtful understanding of the technical requirements, departmental strategies and market trends.
Leads the RFx process through to completion, including requirements gathering, identifying potential respondents, scoring, weighting, negotiation and contracting.
Ensures deep partnerships with strategic partners, reviewing financial trends and aligning vendors to LPL’s strategic vision.
Influences and maintains strong internal relationships from the Executive level through to day-to-day operational functions.
Aligns LPL in growth projections required for future success.
What does your success look like in the first 90 days? Step in as an integral contributor in the Vendor landscape, meet with key executives across various Business, Product and Technology units to understand impact, importance and dependencies for LPL. Partner with the Business, Sourcing and Third-Party Risk to gain an understanding of ongoing operational dependencies. Gain an understanding of the company’s goals and establish the draft strategy aligning LPL’s most strategic Vendors.
Requirements
7-10 years of experience in Sourcing, preferably working in/setting up Global Capability Centers in India
5+ years as a leader developing, cultivating, and leading strong cross functional relationships driving maturity of the function
Previous experience in contracting with Indian based entities
Strong process leader who is detail oriented with demonstrated expertise on contract agreements and risk management
Demonstrated experience in developing and cultivating a productive working rapport with Senior Executives
Ability to drive data driven discussions and create a strategy/plan based on the data to drive results
Expert communication skills, both written and oral, with ability to create/present executive presentations and serve as one of the recognized subject matter experts on the team
Flexibility and organizational change management experience
The ability to work in a cross-functional team and drive outcomes without having direct authority
Actively anticipates, identifies, and manages risks within the company
Expert consensus-builder who drives change across initiatives within and outside direct accountability and evaluates solutions to complex business challenges
Negotiation experience with Financial Services / Wealth Management vendors
Core Competencies
Natural ability to build & foster strong relationships
Strong collaboration skills with the ability to engage and influence others in all levels of the organization
Proven experience in managing multiple projects, with an ability to prioritize individual and team workload based on business needs and deadlines
Negotiation skills with demonstrable experience in negotiating win-win outcomes that meet the interests of all parties
Ability to work in a dynamic fast paced organization, focused on continuous improvement, customer service and teamwork
Creative problem-solving skills and experience in facilitation of effective discussions around change management and varied ideas, opinions, insights and expertise
Unimpeachable ethical standards and a strong work ethic
Grace under pressure and a sense of humor!
Pay Range $99,188-$165,313/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.
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.
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AVP, Strategic Souricng
role at
LPL Financial
3 days ago Be among the first 25 applicants
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 Strategic Sourcing & Procurement team at LPL Financial seeks an accomplished and dynamic professional to manage cross-functional negotiations across various categories. Are you skilled at building strong relationships and handling challenging conversations to create value through effective partnerships? Do you have proven experience in setting a clear commercial vision, reporting, performing under pressure, improving engagement models, and achieving outstanding financial results? If yes, then this could be the role for you!
Responsibilities
Negotiates medium to high financial and risk contracts to drive value across Business, Product and Technology roadmaps. Contracts include, but are not limited to: MSAs, SaaS Agreements, EULAs, SOWs
Collaborates with Third Party Risk, FP&A and Legal to conduct contract analysis, establish clear metrics of success and reduce third party risk.
Partners to further establish LPL’s evolving location strategy and align third party contracts, vendor consolidation and contract renegotiations with this strategy.
Mentors and develops sourcing talent, fostering a culture of continuous learning and improvement.
Develops and implements category and sourcing strategies independent of the Sourcing category by collaborating with partners and incorporating a thoughtful understanding of the technical requirements, departmental strategies and market trends.
Leads the RFx process through to completion, including requirements gathering, identifying potential respondents, scoring, weighting, negotiation and contracting.
Ensures deep partnerships with strategic partners, reviewing financial trends and aligning vendors to LPL’s strategic vision.
Influences and maintains strong internal relationships from the Executive level through to day-to-day operational functions.
Aligns LPL in growth projections required for future success.
What does your success look like in the first 90 days? Step in as an integral contributor in the Vendor landscape, meet with key executives across various Business, Product and Technology units to understand impact, importance and dependencies for LPL. Partner with the Business, Sourcing and Third-Party Risk to gain an understanding of ongoing operational dependencies. Gain an understanding of the company’s goals and establish the draft strategy aligning LPL’s most strategic Vendors.
Requirements
7-10 years of experience in Sourcing, preferably working in/setting up Global Capability Centers in India
5+ years as a leader developing, cultivating, and leading strong cross functional relationships driving maturity of the function
Previous experience in contracting with Indian based entities
Strong process leader who is detail oriented with demonstrated expertise on contract agreements and risk management
Demonstrated experience in developing and cultivating a productive working rapport with Senior Executives
Ability to drive data driven discussions and create a strategy/plan based on the data to drive results
Expert communication skills, both written and oral, with ability to create/present executive presentations and serve as one of the recognized subject matter experts on the team
Flexibility and organizational change management experience
The ability to work in a cross-functional team and drive outcomes without having direct authority
Actively anticipates, identifies, and manages risks within the company
Expert consensus-builder who drives change across initiatives within and outside direct accountability and evaluates solutions to complex business challenges
Negotiation experience with Financial Services / Wealth Management vendors
Core Competencies
Natural ability to build & foster strong relationships
Strong collaboration skills with the ability to engage and influence others in all levels of the organization
Proven experience in managing multiple projects, with an ability to prioritize individual and team workload based on business needs and deadlines
Negotiation skills with demonstrable experience in negotiating win-win outcomes that meet the interests of all parties
Ability to work in a dynamic fast paced organization, focused on continuous improvement, customer service and teamwork
Creative problem-solving skills and experience in facilitation of effective discussions around change management and varied ideas, opinions, insights and expertise
Unimpeachable ethical standards and a strong work ethic
Grace under pressure and a sense of humor!
Pay Range $99,188-$165,313/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.
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.
#J-18808-Ljbffr