AVP, Cash Management Operations

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

Job Overview:

The Assistant Vice President (AVP), Cash Management serves as a strategic operational leader responsible for advancing the Cash Management function's operational effectiveness, risk posture, organizational capability, and future-state roadmap. This role partners closely with the VP and cross-functional stakeholders to drive large-scale process improvements, remediation initiatives, capacity planning, workforce development, and operational readiness across the Cash Management organization.

The AVP provides leadership across Cash Management operations, including wires, ACH transactions, journals, checks, and related money movement services, ensuring timely, accurate, and compliant processing. The role partners closely with Operations, Risk, Compliance, Technology, Service, and Business stakeholders to enhance the client experience, strengthen risk management practices, improve operational efficiency, and achieve service-level commitments. The AVP is responsible for developing operational roadmaps, leading continuous improvement initiatives, mentoring emerging leaders, and driving a culture of accountability, engagement, and operational excellence.

Responsibilities:

• Partner with the VP in leading Cash Management operations, including wires, ACH, checks, journals, and other money movement activities, ensuring timely, accurate, and compliant processing.

• Drive operational performance through the management of key metrics, service levels, business cycle times, productivity, and quality standards.

• Maintain a strong risk and control environment, ensuring compliance with regulatory requirements, internal policies, and audit expectations.

• Partner with Risk, Compliance, Technology, Service, and Business leaders to improve processes, mitigate risk, and enhance the client experience.

• Lead continuous improvement and automation initiatives to increase efficiency, reduce operational risk, and support business growth.

• Develop and coach leaders and associates, fostering a culture of accountability, collaboration, engagement, and high performance.

• Provide strategic direction, capacity planning, and operational readiness to support changing business needs and volume demands.

• Develop and execute the Cash Management operational roadmap, including process optimization, capacity planning, automation opportunities, remediation efforts, and organizational readiness initiatives.

• Communicate operational performance, risks, and recommendations to senior leadership and key stakeholders. Identify and lead implementation of process automation, AI-enabled workflows, and operational improvements that enhance efficiency, scalability, and risk management.

• Serve as an escalation leader for high-profile advisor, client, and executive concerns requiring cross-functional coordination and resolution.

What are we looking for?

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 creativity, continuous improvement, and contribute to a culture where we win together and create and share joy in our work.

Requirements:

• 3+ years of direct people leadership experience, including leadership of managers and cross-functional initiatives.

• Bachelor's degree in Business, Finance, Management, or related field; equivalent experience considered.

• Demonstrated experience leading Cash Management, Money Movement, Banking Operations, or related operational functions.

• Understanding of wire processing, ACH transactions, payment operations, and operational controls.

• FINRA Series 99 required

Core Competencies:

• Ability to inspire, influence, and develop high-performing teams.

• Strong communication and presentation skills, with the ability to engage stakeholders at all levels.

• Proven ability to drive alignment and adoption of strategic priorities.

• Highly organized, adaptable, and effective in managing competing priorities.

• Skilled at facilitating productive meetings and fostering collaboration in both virtual and in-person environments.

Preferences:

• Experience managing performance metrics, service level agreements, productivity, and quality programs.

• Proven ability to lead through change and drive organizational transformation.

• Excellent communication, presentation, and stakeholder management skills.

• Series 7

Pay Range:

$82,812.00 - $137,917.00

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!

Company Overview:

LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace(6) , LPL supports over 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.3 trillion in brokerage and advisory assets on behalf of approximately 8 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

At LPL, independence means that advisors and institution leaders have the freedom they deserve to choose the business model, services, and technology resources that allow them to run a thriving business. They have the flexibility to do business their way. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors and institutions, so they can take care of their clients.

For further information about LPL, please visit www.lpl.com.

Join the LPL team and help us make a difference by turning life’s aspirations into financial realities. Please log in or create an account to apply to this position. Principals only. EOE.

Information on Interviews:

LPL will only communicate with a job applicant directly from an @lplfinancial.com email address and will never conduct an interview online or in a chatroom forum. During an interview, LPL will not request any form of payment from the applicant, or information regarding an applicant’s bank or credit card. Should you have any questions regarding the application process, please contact LPL’s Human Resources Solutions Center at (855) 575-6947.

EAC 5.19.26