VP, Product Manager - Market Data

Lead with Purpose, Unlock Your Team’s Passion At LPL, people leaders hold the key to the employee experience, shaping culture, driving performance, and guiding individuals to new heights. Because when that happens, we all win, clients, LPL, and most importantly, our employees. If you're ready to lead with intention and discover what’s possible, LPL Financial invites you to apply today.

The VP, Enterprise Market Data Management (EMDM) will lead LPL’s enterprise-wide market data function and serve as the firm’s senior strategic advisor for third-party market data. This leader will establish and execute the enterprise strategy and operating model for governance, licensing, entitlements, vendor and commercial management, demand and expense management, inventory, lineage, risk remediation, and operational oversight. The role will partner across Product, Technology, Data, Finance, Strategic Sourcing and Procurement, Legal, Risk, Compliance, Operations, Trading, Research, Investment Management, and other business functions to ensure market data supports business objectives and is used in accordance with contractual and regulatory obligations.

• Define and execute a multi-year enterprise market data strategy aligned to business, product, technology, financial, and growth objectives.
• Lead and mature the Enterprise Market Data Management operating model, including governance, service delivery, intake processes, decision rights, performance metrics, and escalation frameworks.
• Establish and maintain controls for market data intake, ownership, licensing, entitlements, access, usage, redistribution, documentation, and retirement.
• Serve as the senior relationship owner for strategic market data providers and support enterprise agreements, renewals, sourcing strategies, pricing discussions, audits, and commercial negotiations.
• Develop reporting and oversight for market data spend, contracts, renewals, invoices, allocations, savings opportunities, and financial exposure.
• Maintain enterprise visibility into market data inventory, lineage, metadata, consumption patterns, contracts, applications, users, and downstream dependencies.
• Partner with Technology and business stakeholders to support operational resiliency, entitlement administration, vendor issue resolution, and critical data delivery services.
• Ensure Enterprise Market Data Management engagement in new products, acquisitions, integrations, artificial intelligence initiatives, third-party arrangements, and distribution models involving market data.
• Build, coach, and develop a high-performing team with clear accountability, succession planning, and ownership across providers, services, and portfolios.

We are seeking a senior enterprise leader who can operate at the intersection of market data, business strategy, commercial management, governance, risk, technology, and operations. The successful candidate will demonstrate the ability to create structure in complex environments, influence decisions across organizational boundaries, and translate market data concepts into practical business outcomes. Individuals who pursue greatness, act with integrity, are driven to help our clients succeed, win together, and create and share joywill thrive in this role.

• 10+ years of experience in market data, financial information services, data products, product management, vendor management, commercial management, data governance, sourcing, financial services technology, or related leadership roles.
• Experience leading an enterprise function, operating model, product portfolio, shared service, or transformation with responsibility for strategy, governance, execution, and measurable outcomes.
• Knowledge of the…