AVP, Strategic Souricng

AVP, Sourcing

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!

We have an exciting opportunity to join our Strategic Sourcing & Procurement organization as an AVP, Sourcing. In this role, you will not only execute sourcing strategies but also shape the future of LPL's vendor landscape. You'll champion innovative approaches, harness emerging technologies, and drive transformation initiatives that deliver measurable business value. Your influence will extend across the enterprise, engaging with senior executives and leading cross-functional teams to achieve ambitious goals, actively participating in major negotiations for Technology, Corporate Services, and Consulting.

Success in this role is measured by your ability to dynamically lead, deliver cost optimization, minimize risk, and enhance vendor performance. You'll have opportunities for career advancement and professional development, supported by LPL's commitment to your growth.

Responsibilities :

• Negotiates medium to high financial and risk contracts in such a way to drive value cross functionally across business, product, and technology roadmaps. Contracts include, but are not limited to : MSAs, SaaS Agreements, EULAs, SOWs
• Collaborate and drive partner collaboration with various business stakeholders, third party risk, FP&A, and legal to conduct contract analysis, establish clear metrics of success, and reduce third party risk
• Effectively partners to further establish LPL's evolving location strategy and align third party contracts, vendor consolidation, and contract renegotiations with this strategy
• Responsible for mentoring and developing sourcing talent, fostering a culture of continuous learning and improvement
• Develop and implement category and sourcing strategies independent of the sourcing category by collaborating with your partners and incorporating a thoughtful understanding of the technical requirements, the departmental strategies of your partners and market trends
• Effectively lead the RFx process through to completion, including requirements gathering, identifying potential respondents, identifying the criteria, scorecards and weighting, negotiation, and contracting
• Ensures your team establishes deep partnerships with their strategic partners, reviewing financial trends and aligning vendors to LPL's strategic vision
• Influences and maintain strong internal relationships from the executive level through to day-to-day operational functions
• Align 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.

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 :

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 teamworkload based on business needs and deadlines

Negotiation skills with demonstrable experience in negotiating win-win outcomes that meet the interests of all parties

Ability, with proven experience, to work in a dynamic fast-paced organization, with a focus 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. 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, 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.