VP, Banking Solutions & Payments

Where Ambition Meets Innovation

Build a career that matches all your initiative with an impressive dose of innovation. From cutting-edge resources and a collaborative environment to the freedom to make an impact and more, you’ll find the ingredients you need at LPL Financial to shape your success while helping clients pursue their financial goals.

Job Overview:

LPL Financial is seeking a Vice President, Payments to support and lead business development and growth initiatives for the Banking Solutions function. This individual will be accountable for the day-to-day execution of the payment capabilities that LPL offers through the Cash Management platform including Debit Cards, Bill Pay, and Check Writing. The candidate should also have familiarity with modern digital payment capabilities such as Zelle, Real Time Payments, and FedNow. The candidate will partner closely with the product organization to prioritize, design and lead initiatives that deliver outstanding experience and value to our Advisors and their clients. The VP will support and lead the development of strategy, client experience, service model, and go-to-market plan to meet adoption, usage and financial outcomes and objectives. This individual will partner closely with Product, and Field Engagement leadership and cross-functional stakeholders to ensure initiatives are prioritized, stay on track, actively manage risks and dependencies and provide leaders with clear visibility into progress, tradeoffs and outcomes – driving disciplined execution and measurable impact across a complex, matrixed environment.

Responsibilities:

• Own and drive strategy, design and prioritization of the Payments portfolio, including program structure, governance forums
• Lead initiatives to identify, evaluate and manage critical vendors and partners that support the payment capabilities.
• Build strong, trust-based relationships with senior stakeholders and influence execution across initiatives without direct authority
• Coordinate across multiple workstreams and functional partners to ensure alignment on scope, sequencing, interdependencies and delivery commitments
• Establish and maintain a consistent operating rhythm across initiatives, including planning cycles, progress tracking, risk management and executive reporting
• Proactively identify, surface and manage risks, issues and tradeoffs, escalating with clear options and recommendations
• Partner with initiative owners to ensure delivery plans are realistic, milestones are well-defined and execution remains tightly connected to intended outcomes
• Develop and deliver executive-ready materials that clearly communicate progress, risks, decisions needed
• Continuously evolve delivery practices, governance and tools to improve speed, transparency and accountability across the domain

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:

• 10+ years of experience in banking and payments, product management, or related roles, preferably within wealth management or financial services
• Demonstrated experience driving execution across large, multi-year portfolios with multiple stakeholders and dependencies
• Program management and execution discipline, with the ability to bring structure to ambiguity and momentum to complex initiatives
• Proven ability to influence senior leaders and drive outcomes in a matrixed environment without direct authority

Core Competencies:

• Executive communication skills, including the ability to synthesize complex information into clear, actionable narratives
• Business judgment and problem-solving skills, with comfort navigating tradeoffs and decision points
• Relationship building and management skills; ability to develop high functioning collaborative partnerships both internally and externally

Preferences:

• Experience developing and implementing innovative banking and payment solutions; and creating frictionless digital experiences on both mobile and web platforms.
• Experience supporting or leading large-scale business or technology transformation initiatives
• Background in payments and money movement including card networks, and real-time networks.
• Familiarity with sales, growth or client-facing operating models within wealth management or financial services
• Analytical orientation, with experience using metrics, milestones and delivery indicators to manage execution
• High emotional intelligence, sound judgment and a collaborative, inclusive leadership style

 

Pay Range:

$135,960.00 - $226,600.00

 

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(6) , LPL supports over 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.3 trillion in brokerage and advisory assets on behalf of approximately 8 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. For further information about LPL, please visit www.lpl.com.

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 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 (855) 575-6947.

EAC 5.19.26