LPL Financial · 1 month ago
VP, Strategic Vendor Relationship Manager
Fort Mill/Charlotte
Full-time
Onsite
Mid, Senior Level
$133K/yr - $222K/yr
7+ years expLPL Financial is among the fastest growing wealth management firms in the U.S., empowering professionals to shape their success while helping clients pursue their financial goals. The Strategic Vendor Relationship Manager will be responsible for managing relationships with complex vendors, ensuring compliance, risk management, and driving value through strategic partnerships.
FinanceFinancial Services
Responsibilities
Influence and maintain strong internal relationships with executive Strategic Relationship Owners through ongoing engagement, consultation and participation in day-to-day operational functions
Manage holistic relationships with strategic Vendors, understand the impact of Vendors who provide multiple products / services across multiple business units and demonstrate the ability to cohesively drive LPL’s priorities and mitigate risk with the Vendor’s roadmap and strategic future partnerships
Partner with the Strategic Sourcing leadership to evolve the vision and execution roadmap for the Strategic Relationship Management function maximizing the value of LPL’s Vendors by creating a centralized LPL message
Collaborate and drive partnership with various Business stakeholders, Sourcing, Technology, Operations, Product Management, Third Party Risk, and Legal to conduct contract analysis, establish clear metrics of success, drive roadmap innovation and maintain executable escalation paths
Ensure Business Owners, internal stakeholders and vendor partners establish and evolve deeper partnerships with strategic Vendors, developing executive level relationships, reviewing performance to identify potentially problematic trends and aligning Vendors to LPL’s strategic vision
Negotiate high dollar & high-risk contracts with key Vendors in such a way to drive value across Business, Product and Technology roadmaps
Ensure appropriate processes/controls to maintain and ensure compliance with the contract in support of the Strategic Relationship Owner
Manage the completion and oversight of SVRM reports, fact sheets, and tracking matrices
Lead all efforts and logistics pertaining to onsite Quarterly Business Review meetings for assigned vendors focusing on service performance, incident metrics, firm updates, strategic planning, and review of new vendor services
Understand and represent the different types of risk associated with each strategic Vendor (operational, revenue impact, reputational, security, coexistence with systems, etc)
Qualification
Required
7-10 years of experience in Vendor Management supporting Third-Party Risk, Vendor Relationship Management, Outsourcing, Software and Hardware functions within large institutions
Experience developing and cultivating relationships with Senior Executives
Experience as a process leader who is detail oriented with demonstrated expertise on contract agreements and risk management
Organizational change management experience
Benefits
401K matching
Health benefits
Employee stock options
Paid time off
Volunteer time off
Company
LPL Financial
LPL Financial provides investment solutions and tools for independent financial advisors.
5001-10000 employees
Funding
Current Stage
Public CompanyTotal Funding
$2.5B2025-03-31Post Ipo Equity· $1.5B
2024-06-03Post Ipo Debt· $1B
2010-11-18IPO
Leadership Team
Rich Steinmeier
Interim CEO
Sid Vyas
Chief Technology Officer/EVP
Recent News
2026-01-16
GlobeNewswire
2026-01-16
Investment News
2026-01-16
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