Are you a team player? Are you curious to learn? Are you interested in working in meaningful projects? Do you want to work with cutting-edge technology? Are you interested in being part of a team that is working to transform and do things differently? If so, LPL Financial is the place for you!
Excited to learn more? If so, then this could be the role for you!
LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader* in the markets we serve, supporting more than 18,000 financial advisors, 800 institution-based investment programs and 450 independent RIA firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to personalized guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships, because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients.
Job Overview:
LPL Financial is seeking an AVP, Real Estate Transaction Manager to lead transaction management and integration in support of Mergers & Acquisitions (“M&A”) across multiple business lines. This individual will be responsible for staying current on real estate market trends, using business acumen to assess financial and qualitative viability of site alternatives, and overseeing outside service provider resources to drive desired business outcomes.
Responsibilities:
- Provide deep corporate real estate expertise and value throughout the diligence and integration of real estate related to M&A activity.
- Provide critical review of all real estate diligence items including leases, amendments, subleases, estoppels, subordination and non-disturbance agreements, operating expense statements and reconciliations.
- Develop and execute market strategies for acquired locations that contemplate the broader portfolio strategy, including market analysis, site evaluation and site selection as well as any related negotiation of letters of intent for renewals, extensions, terminations and subleases.
- Effectively document and communicate trade-offs, constraints, and options to support informed decision-making.
- Closely collaborate with third party real estate brokers, as well as internal stakeholders within the business operations, legal, finance, accounting, to ensure a positive advisor experience and highly successful transitions.
- Oversee integration of new locations, leading the coordination and engagement of Lease Administration, Project Management, Corporate Security, and Facilities Management to ensure a successful transition and positive advisor experience.
- Innovate and execute processes and tools to ensure timely, consistent and predictable execution of the diligence and site integration process and related work streams.
What are we looking for?
We want strong collaboratorswho can deliver a world-class client experience. We are looking for people who thrive in a fast-paced environment, are client-focused, team oriented, and are able to execute in a way that encourages creativity and continuous improvement.
Requirements:
- BS/BA in Finance, Real Estate, Business
- 7+ years of corporate real estate experience with proven expertise in lease negotiations, transaction management, site selection, and analytics.
- Experience managing a portfolio ranging from serviced office agreements up to large multi-floor, multi-building campuses.
- Advanced proficiency in Microsoft products (Outlook, Word, Excel, Power Point) Adobe, SharePoint and tools such as Google Earth and/or other mapping software.
- Willingness and ability to travel up to 10% of time.
Core Competencies:
- Proven ability to effectively negotiate with landlords, oversee real estate broker performance, and manage multiple stakeholders with different priorities
- Must have strong communication and negotiation skills, both orally and in writing
- Demonstrated success in establishing relationships and collaborating cross-functionally both inside and outside the organization, including with senior leadership
- Analytical, with excellent problem solving skills, and demonstrated experience managing and prioritizing complex tasks in a fast-paced environment
- Intellectually curious and strategic thinker
- Strong organization skills, results orientation, and passion for being detail-oriented
- Self-driven with an ability to work independently to deliver project outcomes and manage milestones, taking ownership and accountability for results
- The ability to analyze multiple sources of complex information and evaluate several alternative solutions before recommending a path forward
- Strong understanding of the financial services industry and dynamics of the financial advisor profession
Preferences:
- Juris Doctor degree
- Corporate real estate M&A experience
- MCR, SLCR, or other relevant industry certifications
Pay Range:
$93,640-$140,460/year
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!
Why LPL?
At LPL, we believe that objective financial guidance is a fundamental need for everyone. As the nation’s leading independent broker-dealer, we offer an integrated platform of proprietary technology, brokerage, and investment advisor services. We provide you with a work environment that encourages your creativity and growth, a leadership team that is supportive and responsive, and the opportunity to create a career that has no limits, only amazing potential.
We areone team on one mission. We take care of our advisors, so they can take care of their clients.
Because our company is not too big and not too small, you can seize the opportunity to make a real impact. We are committed to supporting workplace equality, and we embrace the different perspectives and backgrounds of our employees.We also care for our communities, and we encourage our employees to do the same. This creates an environment in which you can do your best work.
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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 (800) 877-7210.