VPII, Product Manager – Cash Management

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.

LPL Financial is seeking a strategic and execution-focused Product Manager to lead initiatives within our Cash Management domain, including capabilities such as Payments (ACH, Fed Now, Zelle, Debit), 3rd party Banking, general embedded finance and advisor-facing experiences. This role is responsible for defining and delivering solutions that enhance the advisor and client experience, ensure operational efficiency, and support the firm’s broader financial ecosystem.

The ideal candidate will have a strong background in financial services, product lifecycle management, and cross-functional leadership, balancing strategic thinking, technical understanding, influence management and hands‑on execution.

• Define and own the product vision, strategy, and roadmap for Cash Management capabilities.
• Lead product discovery and solutioning in partnership with advisors, service teams, operations, and technology.
• Translate business needs into clear product requirements and user stories.
• Prioritize features and enhancements based on advisor impact, business value, and technical feasibility.
• Collaborate with Agile delivery teams to ensure timely and high‑quality execution.
• Partner with Service and Operations to ensure readiness and support for new capabilities.
• Monitor product performance and user feedback to inform continuous improvement.
• Communicate product strategy, progress, and outcomes to stakeholders across the organization.
• Ensure alignment with compliance, risk, and regulatory requirements.

• Advisor Adoption & Satisfaction:
  Increase in usage and positive feedback from advisors on cash movement tools.
• Feature Delivery:
  Timely release of roadmap items with minimal delays or scope changes.
• Operational Efficiency:
  Reduction in manual interventions and service tickets related to cash movement.
• Quality Assurance:
  Low defect rates and high success rates in incremental testing and production validation.
• Time-to-Market:
  Improved cycle time from ideation to release.
• Cross-Functional Alignment:
  Positive stakeholder feedback and strong collaboration across Product, Tech, Service, and Operations.
• Compliance Readiness:
  Successful integration of regulatory and risk requirements into product design and delivery.
• Innovation Pipeline:
  Number of new ideas validated and moved into development.

• Bachelor’s degree in Business, Finance, Technology, or related field; MBA or advanced degree preferred.
• 9+ years of product management experience in financial services or Fin Tech.

• Strong understanding of cash movement, payments, and transaction processing.
• Strong SDLC & technical background (SQL, CI/CD, UX design, AWS & Cloud).
• Strong background in payments, banking, risk, compliance.
• Strong Agile background influencing cross‑functional teams to use best practices.
• Excellent communication, stakeholder management, and problem‑solving skills.
• Familiarity with advisor workflows, service operations, and compliance frameworks.
• Ability to translate complex business needs into scalable product solutions.
• Strong analytical skills and comfort with data‑driven decision‑making.

• Experience with CRM platforms, account onboarding solutions, advisor portals, and financial integrations.
• Experience with Broker‑Dealer or Large Retail bank systems.

$156,354‑$260,590/year. Actual base salary varies based on factors including relevant skill, prior experience, education, base salary of internal peers, demonstrated performance, and geographic location. LPL Total Rewards package includes 401(k) matching, health benefits, employee stock options, paid time off, volunteer time off, and more.

LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing…