Full-Time

Enterprise Change Risk Management Officer II

Products and Services

Posted on 9/26/2024

Truist

Truist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Fintech
Financial Services

Senior

Charlotte, NC, USA

On-site 3 days a week, increasing to 4 days a week starting October 1. No telecommute option.

Category
Risk Management
Finance & Banking
Requirements
  • Bachelor's Degree or an equivalent combination of education and experience.
  • 15 years of financial services risk management experience.
  • Possess and demonstrate expert risk management knowledge, leadership and decision-making skills.
  • Subject matter expert in operational risk and transformation activities.
  • Ability to work independently with minimal direction and guidance.
  • Strong analytical and organizational skills.
  • Extensive experience designing, developing, implementing, and executing risk governance and oversight frameworks.
  • Excellent interpersonal skills demonstrating the ability to effectively interact with teammates at all levels.
  • Adept with Microsoft Office products.
Responsibilities
  • Use subject matter expertise and industry knowledge to establish a products and services risk governance framework, which includes independent oversight and effective challenge to Business Units' products and services change management activities.
  • Influence, oversee, or challenge other programs impacting products and services including their identification, prioritization, funding, risk and mitigation, and implementation of significant changes.
  • Perform independent reviews and risk evaluations as defined in policy and procedures which may include emerging risks or risk acceptances.
  • Identify and document issues, monitor remediation efforts, recommend appropriate interventions and improvements to Business Units, other programs impacting products and services, approved change frameworks, and Enterprise Products and Services Risk Management as needed.
  • Subject matter expert that will identify, analyze, develop, and implement process improvements to mitigate products and services risk within and/or across multiple lines of business.
  • Stay abreast of emerging issues related to Risk Management, business process automation and design, and other relevant disciplines and incorporate new learnings into work processes.
  • Serve as a subject matter expert, leader, resource and mentor to teammates.

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

24%

1 year growth

43%

2 year growth

77%
Simplify Jobs

Simplify's Take

What believers are saying

  • Altruist raised $169M in Series E funding, boosting growth potential.
  • Partnerships with Orion and Kwanti enhance platform capabilities and market reach.
  • Increased demand for digital financial services aligns with Altruist's offerings.

What critics are saying

  • Competition from Betterment and Wealthfront could erode Altruist's market share.
  • Rapid tech advancements may strain Altruist's resources if not managed well.
  • Integration with third-party providers may lead to data security vulnerabilities.

What makes Truist unique

  • Altruist offers a simplified tech stack for RIAs, enhancing operational efficiency.
  • The platform includes commission-free fractional share trading and automated rebalancing.
  • Altruist provides original content, offering actionable insights for independent financial advisors.

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