AVP, Strategic Sourcing

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.

The Strategic Sourcing & Procurement team at LPL Financial seeks an accomplished and dynamic professional to manage cross-functional negotiations across various categories.

Are you skilled at building strong relationships and handling challenging conversations to create value through effective partnerships? Do you have proven experience in setting a clear commercial vision, reporting, performing under pressure, improving engagement models, and achieving outstanding financial results?

If yes, then this could be the role for you!

We have an exciting opportunity to join our Strategic Sourcing & Procurement organization as an AVP, Sourcing. In this role, you will not only execute sourcing strategies but also shape the future of LPL’s vendor landscape. You’ll champion innovative approaches, harness emerging technologies, and drive transformation initiatives that deliver measurable business value. Your influence will extend across the enterprise, engaging with senior executives and leading cross-functional teams to achieve ambitious goals, actively participating in major negotiations for Technology, Corporate Services, and Consulting.

Success in this role is measured by your ability to dynamically lead, deliver cost optimization, minimize risk, and enhance vendor performance. You’ll have opportunities for career advancement and professional development, supported by LPL’s commitment to your growth.

• Negotiates medium to high financial and risk contracts in such a way to drive value cross functionally across Business, Product and Technology roadmaps. Contracts include, but are not limited to: MSAs, SaaS Agreements, EULAs, SOWs
• Collaborate and drive partner collaboration with various business stakeholders, Third Party Risk, FP&A and Legal to conduct contract analysis, establish clear metrics of success and reduce third party risk.
• Effectively partners to further establish LPL’s evolving location strategy and align third party contracts, vendor consolidation and contract renegotiations with this strategy
• Responsible for mentoring and developing sourcing talent, fostering a culture of continuous learning and improvement.
• Develop and implements category and sourcing strategies independent of the Sourcing category by collaborating with your partners and incorporating a thoughtful understanding of the technical requirements, the departmental strategies of your partners and market trends
• Effectively lead the RFx process through to completion, including requirements gathering, identifying potential respondents, identifying the criteria, scorecards and weighting, negotiation and contracting
• Ensures your team establishes deep partnerships with their strategic partners, reviewing financial trends and aligning Vendors to LPL’s strategic vision.
• Influences and maintain strong internal relationships from the Executive level through to day-to-day operational functions.
• Align LPL in growth projections required for future success.

Step in as an integral contributor in the Vendor landscape, meet with key executives across various Business, Product and Technology units to understand impact, importance and dependencies for LPL. Partner with the Business, Sourcing and Third-Party Risk to gain an understanding of ongoing operational dependencies. Gain an understanding of the company’s goals and establish the draft strategy aligning LPL’s most strategic Vendors.

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…