LPL Financial

VP, Technology Vendor Manager

LPL Financial$127K — $212K *
Enterprise Technology
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • 12+ years managing complex technology vendors, contracts, or partnerships
  • 8-10+ years in financial services or wealth management
  • Proven track record with strategic vendors across various service areas
  • Strong negotiation skills with vendor pricing models
  • Experience in developing RFPs, SLAs, and complex agreements

Responsibilities

  • Manage vendor relationships for enterprise technology platforms
  • Lead vendor governance, including performance reviews and innovation
  • Drive value through cost optimization and improved commercial structures
  • Support transformation initiatives like AI adoption and cloud migration
  • Serve as a contract expert focusing on negotiation strategies
  • Collaborate with Procurement on benchmarking and commercial strategies
  • Oversee RFI/RFP processes ensuring regulatory compliance

Benefits

  • 401K matching
  • Health benefits
  • Employee stock options
  • Paid time off and volunteer time off
  • Hybrid work model offering flexibility
Full Job Description
Job Overview:
The IT Vendor Manager will serve as the primary relationship lead and contract strategist for a portfolio of high-impact technology vendors. This Vice President-level individual contributor role is responsible for managing complex vendor relationships across enterprise systems, digital platforms, and infrastructure. The role partners with technology, procurement, and business stakeholders to optimize vendor value, ensure effective governance, and support enterprise initiatives.

Responsibilities:
  • Serve as the vendor relationship manager for critical technology vendors supporting enterprise platforms and business capabilities
  • Lead vendor governance activities, including performance management, executive business reviews, and vendor-led innovation initiatives
  • Drive measurable value across vendor engagements through cost optimization, license management, and commercial structure improvements
  • Support enterprise transformation initiatives including AI adoption, cloud migration, platform consolidation, and M&A integrations
  • Act as a subject matter expert on contract structures, pricing models, and negotiation strategies across enterprise technology vendors
  • Partner with Procurement and Strategic Sourcing to lead benchmarking, pricing negotiations, and commercial strategy development
  • Lead technology participation in RFI/RFP processes, ensuring alignment with business, regulatory, and operational requirements
  • Provide insights on emerging technologies, vendor landscape shifts, and regulatory considerations impacting financial services
  • Evaluate vendor capabilities across cloud, infrastructure, cybersecurity, SaaS, and enterprise applications
  • Monitor vendor performance, SLAs, and delivery quality to ensure operational stability
  • Identify, escalate, and mitigate vendor risks, including operational, compliance, regulatory, cybersecurity, and third-party risk exposures
  • Ensure alignment with enterprise Third-Party Risk Management (TPRM) frameworks
  • Support issue resolution, escalations, and vendor offboarding activities as required


What are we looking for?
We're looking for strong collaborators who pursue greatness, act with integrity, and are driven to help our clients succeed. The ideal candidate thrives in fast-paced, team-oriented environments and contributes to a culture where we win together and create and share joy in our work while delivering meaningful business outcomes.

Requirements:
  • 12+ years of experience managing complex technology vendors, contracts, or partnerships
  • 8-10+ years of experience in financial services or wealth management environments
  • Proven ability to manage strategic vendors across multiple service towers and enterprise domains
  • Strong commercial acumen with experience in negotiation and vendor pricing models
  • Experience developing and evaluating RFPs, SLAs, and complex commercial agreements


Core Competencies:
  • Strategic thinking and commercial acumen
  • Market-technology fluency
  • Stakeholder influence and executive communication
  • Vendor-performance governance and operational rigor
  • Risk management and regulatory awareness


Preferences:
  • Experience managing vendors supporting regulated trading environments
  • Experience across cloud, SaaS, cybersecurity, and enterprise platforms
  • Ability to drive operational excellence and continuous improvement
  • Strong enterprise mindset capable of influencing senior technology and business leaders
  • Experience operating in a highly regulated environment with strong risk awareness
  • Proficiency in Microsoft Excel, PowerPoint, SharePoint, and vendor management tools


#LI-Hybrid

Pay Range:
$127,514.00 - $212,489.00
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!

About LPL Financial

LPL Financial is the largest organization of independent financial advisors in the United States. LPL Financial was formed in 1989 through the merger of two brokerage firms: Linsco (established in 1968) and Private Ledger (established in 1973); and has since expanded its number of independent financial advisors from a few hundred to more than 13,300 in 2012. LPL Financial has main office locations in Boston, Charlotte, and San Diego. Approximately 2,900 employees support financial advisors; financial institutions; and technology, custody, and clearing service subscribers with enabling technology, comprehensive clearing and compliance services, practice management programs and training, and independent research. LPL Financial advisors help clients meet investment goals with a number of financial services, including equities, bonds, mutual funds, annuities, insurance, and fee-based programs. Unlike many other brokerage firms, LPL Financial does not develop its own investment products, enabling the firm’s investment professionals to offer financial advice free from broker/dealer-inspired conflicts of interest.

LPL Financial Careers

Join the dynamic team at LPL Financial, a leader in the financial services industry, and be part of a company that values innovation, leadership, and professional growth. At LPL Financial, we offer unparalleled job opportunities that propel your career forward while fostering a culture of diversity and inclusion.

Work You’ll Do

At LPL Financial, you’ll engage in meaningful work that directly impacts our clients and the financial industry. As part of our team, you will: - Utilize your skills to drive innovation and operational excellence. - Collaborate with seasoned professionals in a culture that celebrates diversity and inclusion. - Lead projects that transform our services and client experiences at the intersection of technology and financial consultancy.

Join Our Market-Leading Team

LPL Financial is not just a company; it's a community where you can build a career. Our team of experts is dedicated to providing guidance and support that enhances your professional journey: - Participate in diversity training programs that prepare you for leadership roles within and beyond the company. - Engage in networking opportunities that connect you with industry leaders and peers. - Benefit from a robust suite of benefits designed to support your physical, emotional, and financial well-being.

Innovative Growth and Development

We believe in nurturing the growth of our employees through: - Comprehensive professional development programs that include certifications, seminars, and workshops. - Leadership tracks that encourage innovation and strategic thinking. - Internship programs that offer real-world experience and a pathway to full-time employment.

Explore Job Opportunities

Whether you’re just starting your career or looking for a new challenge, LPL Financial offers a range of positions from entry-level to executive. We are committed to hiring talented individuals who are passionate about the financial services industry and dedicated to client success. - Search open positions that match your skills and interests. - Prepare your resume and refine your interview techniques with our career resources. - Discover the rewards of a career at LPL Financial, where your ambitions are met with endless opportunities.

Stay Connected

Join our team and stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. - **Search LPL Financial Jobs** - **Read Careers Blog**

Job Alert Emails

Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Explore the exciting and rewarding opportunities that await at LPL Financial. At LPL Financial, we empower our employees to excel in their careers and lead the way in the financial services industry. Join us and make a difference with your passion, curiosity, and drive.
Learn more about LPL Financial
Size
6,059 employees
Market Cap
$16.6 billion
Industry
Net Income
$472.6 million
Founded
2006
5 Year Trend
+13.8%
Revenue
$5.8 billion
NASDAQ

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