Full-Time

Basel III Senior Analyst

Confirmed live in the last 24 hours

Truist

Truist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Fintech
Financial Services

Senior, Expert

Charlotte, NC, USA

Category
Financial Planning and Analysis (FP&A)
Risk Management
Finance & Banking
Required Skills
Data Science
Requirements
  • Bachelors Degree in Finance, Accounting, Mathematics, or related fields
  • Ten years of senior analyst level experience that includes progressive responsibilities with experience engaging with high performing teams
  • Excellent leadership and cross-functional management and engagement skills, with experience building relationships across a complex, diverse organization
  • Deep experience with Corporate Treasury and Capital Management, as well as related disciplines impacting Capital Management and financial reporting frameworks, including data management and reporting controls
  • Comprehensive knowledge of regulatory capital and risk-weighted asset requirements and related expectations regarding regulatory reporting; ability to develop and implement effective governance structures to ensure regulatory and internal stakeholder expectations are met.
  • Experience engaging with cross-functional teams to effectively implement a robust documentation, review and challenge framework across an integrated stress testing framework
  • In depth knowledge of large bank regulatory framework
  • Experience with supporting complex data management initiatives
  • Ability to build consensus across the organization through effective communication of complex subject matter
  • Proven track record of leading change management initiatives while developing innovative solutions to large complex issues
  • Extensive knowledge of banking products and lines of business
  • Strong presentation skills and experience interacting with key internal and external stakeholders
  • Experience with incorporating automation and data science to improve efficiency across various functions
Responsibilities
  • Supports Truist’s Basel III transition program, including program and project management and associated governance requirements and engagement with key stakeholders (including senior and executive leadership, regulatory agencies).
  • Leads comprehensive assessment of Notice of Proposed Rulemaking, including the development of a rule interpretation database, creation of a current-state data assessment and gap analysis, and pro-forma financial assessment.
  • Develops business requirements to implement an effective reporting and calculation framework. Engages with stakeholders to develop future-state operating model.
  • Supports program leadership with technology infrastructure assessments that clearly identify capabilities required for future-state reporting; collaborates with internal IT / external vendors (if applicable) to document future-state requirements, and oversee documentation and testing as necessary.
  • Assesses implications of revised capital rules on Truist’s management reporting and internal profitability management framework, and engages with appropriate stakeholders to effectively implement new requirements across Truist’s management reporting process.
  • Identify second-order implications (e.g., stress testing, forecasting, etc.) and engage with Truist leadership to ensure future-state requirements are incorporated into appropriate processes and governance frameworks.
  • Supports broader regulatory and financial reporting team to ensure seamless transition from current state to future state reporting requirements.
Desired Qualifications
  • Advanced degree (e.g., masters) in Finance, Accounting, Mathematics, or related fields
  • Industry designations such as Chartered Financial Analyst (CFA), Financial Risk Manager (FRM)

Truist offers a platform for Registered Investment Advisors (RIAs) to improve their operations and client services. Its features include live chat support, commission-free fractional share trading, a model marketplace, and an automated rebalancer, which help RIAs manage their businesses more efficiently. Unlike competitors, Truist provides these services for free and monetizes through a vertically-integrated custodian service, aiming to reduce overhead costs for RIAs. The company's goal is to empower RIAs to grow their businesses and enhance client experiences.

Company Stage

Series E

Total Funding

$437.2M

Headquarters

Culver City, California

Founded

2018

Growth & Insights
Headcount

6 month growth

5%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Altruist raised $169M in Series E funding, boosting growth and innovation potential.
  • Partnerships with Orion and Kwanti enhance Altruist's platform integration and service offerings.
  • Increased demand for digital transformation in financial services aligns with Altruist's tech solutions.

What critics are saying

  • Competition from firms like Betterment and Wealthfront pressures Altruist to innovate continuously.
  • Integration with Orion and Kwanti may pose operational risks if not seamless.
  • New digital fixed-income trading could attract regulatory scrutiny if compliance is lacking.

What makes Truist unique

  • Altruist offers a simplified tech stack for RIAs, enhancing operational efficiency.
  • The platform includes commission-free trading and an automated rebalancer for cost-effective solutions.
  • Altruist's model marketplace provides personalized investment strategies, catering to diverse client needs.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

Hybrid Work Options

401(k) Retirement Plan

401(k) Company Match

Company Equity