Job Overview:*This role requires the ability to work West Coast hours*The Assistant Vice President, Trading provides strategic, operational, and hands-on leadership for the team responsible for delivering trading and platform support to financial advisors. This individual will execute trades while overseeing rebalancing, model management, block trading, advisor onboarding, system support, platform testing, and training.
The AVP will balance daily trading responsibilities with people leadership, operational oversight, risk management, and strategic initiatives. This leader will ensure trading activities are completed accurately and in accordance with applicable policies, procedures, controls, and regulatory requirements while fostering a collaborative, accountable, and service-oriented team environment.
Responsibilities:- Execute trades, including rebalancing, model-related, block, and advisor-directed transactions, while providing coverage during periods of increased volume or limited staffing.
- Lead, coach, and develop trading professionals by establishing clear performance, service, development, and accountability expectations.
- Oversee daily trading operations, team capacity, service levels, advisor support, model management, platform testing, training, onboarding, and production support.
- Manage competing priorities to ensure trading and operational responsibilities are completed accurately and on time.
- Serve as the senior escalation point for complex trade requests, trade errors, system issues, model discrepancies, account concerns, and advisor inquiries, ensuring timely and compliant resolution.
- Monitor trading activity, workflow volumes, operational performance, platform issues, and team capacity to identify risks and improvement opportunities.
- Identify operational, regulatory, client, trading, and platform risks, and strengthen policies, procedures, workflows, and controls to promote accuracy, consistency, and effective risk management.
- Partner across Technology, Product, Compliance, Risk, Legal, Supervision, Operations, and advisor-facing teams on platform enhancements, production issues, testing, releases, risk management, and issue resolution.
- Support advisor onboarding, education, platform demonstrations, and adoption of rebalancing, model management, and trading capabilities.
- Lead process improvements and strategic initiatives that enhance efficiency, scalability, team effectiveness, and the advisor experience.
- Perform additional responsibilities and duties as assigned.
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: - Bachelor's degree in Finance, Business Administration, Economics, or a related field, or equivalent relevant professional experience.
- 5+ years of financial services experience, including at least three years in trading operations, investment operations, or financial technology support.
- 5+ years of experience executing trades within a broker-dealer, registered investment adviser, or comparable financial services environment.
- 3+ years of people-leadership experience, including coaching, employee development, performance management, and capacity planning.
- Series 7 required and Series 24 (or the ability to obtain), with registration in all required U.S. states and territories upon hire.
Preferences:
- Advanced expertise in trade execution, rebalancing, model management, block trading, and advisor-directed, custom, or high-volume trading programs.
- Strong knowledge of broker-dealer and RIA operations, regulations, controls, risk management, process improvement, and performance metrics.
- Experience leading trading, rebalancing, model management, portfolio operations, or financial technology teams while balancing operational oversight, escalations, and strategic initiatives.
- Strong communication, relationship management, analytical, organizational, and problem-solving skills.
- Ability to prioritize, anticipate risks, exercise sound judgment, and work independently in a fast-paced environment.
- Experience supporting technology releases, platform implementations, integrations, testing, advisor onboarding, education, demonstrations, and adoption.
- Proficiency in Microsoft Office and platforms such as ClientWorks, Beta, Thomson ONE, Microsoft Dynamics, CWR, or ModelHub.
#LPL-PA
Pay Range: $103,206.00 - $172,010.00
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, volunteer time off, and more. This role is also eligible for LPL's discretionary bonus. Your recruiter will be happy to discuss all that LPL has to offer!
