Vp, Resource Vendor Manager

Are you a team player? Are you curious to learn? Are you interested in working in meaningful projects? Do you want to work with cutting-edge technology? Are you interested in being part of a team that is working to transform and do things differently? If so, LPL Financial is the place for you!
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LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader* in the markets we serve, supporting more than 18,000 financial advisors, 800 institution-based investment programs and 450 independent RIA firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to personalized guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients.
Job Overview:
LPL Financial technology team is looking for a dynamic leader to lead the Resource Vendor Management function enabling an optimized engagement model with key vendor partners managing seamless delivery across onsite, nearshore, and offshore locations. This role will report to the “Head of IT Vendor and Asset Management” within the Technology Foundations and Growth organization.
As VP, Resource Vendor responsible for managing preferred vendor partners, Contracts, onboarding, Performance management, Relationship, Risk management, and Financial control for resources (T&M Contracts and Statement of Work contracts). As a strategic leader you will be responsible for establishing the vision and maturing the function that ensures effective process and support for managing compliance, risk management/mitigation, cost optimization, financial insights, and deeper resource vendor partnership maximizing value.
Responsibilities:

• Fosters a collaborative environment that enables improved engagement and value delivery by the resource vendor partners.
• Collaborates and partners with Procurement, Sourcing, Legal, Architecture, and IT delivery leadership to conduct contract due diligence, establish clear metrics of success and help evaluate performance on a regular basis. Ensures vendor performance assessment and manages risk proactively.
• Creates reports and leads the transformation across technology leaders and vendor partners with data and facts.
• Coach, mentor, and lead a high-performing team with direct and indirect responsibility to deliver on the objectives.
• Establish strong financial control driving transparency and accountability.
• Builds deeper partnerships with critical vendors and facilities Quarterly business reviews maximizing the value through increased collaboration.
• Establish the vision and roadmap for the Resource Vendor management function maximizing the value through improved transparency driving accountability and reducing risk.

What are we looking for?
We want experienced leaders who collaborate effectively across the departments with a proven track record of leading and transforming the Resource Vendor Management function. 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. A leader who promotes an inclusive and fun culture.
Requirements:

• 7+ years as Resource Vendor Management Leader developing, cultivating, and leading strong, high-performing teams driving maturity of the function.
• 10+ years of experience in Resource Vendor Management roles supporting Onshore, Nearshore, and Offshore resource vendors within large institutions.
• Strong process leader who is detail oriented with demonstrated expertise in contract agreements and risk management.

Core Competencies:

• Strategic leader who anticipates the future, and inspires the team to deliver exceptional results within established timelines/budget
• Actively anticipates, identifies, and manages risks within the position scope and at the company.
• Flexibility and organizational change management experience.
• Expert communication skills, both written and oral, with the ability to create/present executive presentations and serve as one of the recognized subject matter experts on the team.
• Data-driven leader who establishes OKRs, KPIs, and transparent reporting to demonstrate progress.
• Ability to create a strategy/plan based on the data to drive results.
• Strong operational experience in large complex environments.
• The ability to work in a cross-functional team and drive outcomes without having direct authority.

Preferences:

• Expert consensus-builder who drives change across initiatives within and outside direct accountability and evaluates solutions to the most complex business challenges.
• Experience setting up offshore and/or nearshore development center is a plus.

Pay Range:
$141,240-$211,860/year
The salary range is dependent on a number of factors, including the applicant’s skill, experience, and work location.
Why LPL?
At LPL, we believe that objective financial guidance is a fundamental need for everyone. As the nation’s leading independent broker-dealer, we offer an integrated platform of proprietary technology, brokerage, and investment advisor services. We provide you with a work environment that encourages your creativity and growth, a leadership team that is supportive and responsive, and the opportunity to create a career that has no limits, only amazing potential.
We are one team on one mission. We take care of our advisors, so they can take care of their clients.
Because our company is not too big and not too small, you can seize the opportunity to make a real impact. We are committed to supporting workplace equality, and we embrace the different perspectives and backgrounds of our employees. We also care for our communities, and we encourage our employees to do the same. This creates an environment in which you can do your best work.
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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 (800) 877-7210.