Full-Time

GCO Risk Governance & Reporting Consultant

Enterprise Technology

Confirmed live in the last 24 hours

Truist

Truist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Fintech
Financial Services

Mid

Raleigh, NC, USA + 3 more

More locations: Richmond, VA, USA | Charlotte, NC, USA | Atlanta, GA, USA

Category
Risk Management
Finance & Banking
Requirements
  • Bachelor’s degree in Business, Finance, Communications or equivalent education and related training.
  • Three to five years of financial services or risk management experience or demonstrated equivalent proficiency, and/or equivalent education, training and experience.
  • Strong interpersonal and relationship management skills with ability to interact and communicate within all levels of organization, across functions, and within public sector/governmental agencies.
  • Strong analytical, cognitive, conceptual, critical thinking and organizational skills. Demonstrated leadership, communication (verbal and written), presentation and facilitation skills.
  • Demonstrated planning ability with demonstrated judgment, problem-solving and decision-making skills.
  • Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.
Responsibilities
  • Owns and completes first line of defense risk tasks related to policies, issues, regulatory requests, projects, reporting, and committees to drive effective governance structures and requirements to effectively manage and mitigate risks.
  • Support and contribute to the design, implementation, and execution of comprehensive, forward-looking, and risk-based frameworks, processes, and systems for prioritizing, structuring, reviewing and approving governance materials throughout the company.
  • Conduct data aggregation to support risk related reporting.
  • Assist with the completion and review process for risk dashboards, scorecards, project plan updates etc.
  • Assist with the generation of content for management and risk program governance committees.
  • Plan, coordinate and lead department wide meetings and events.
  • Maintain department wide organizational charts, onboarding guides, and other department documentation.
  • Develop strong working relationships across GCO and Enterprise Technology business units, project teams, and working groups.

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, monetizing through a vertically-integrated custodian service that reduces overhead costs. The 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

N/A

Growth & Insights
Headcount

6 month growth

24%

1 year growth

40%

2 year growth

73%
Simplify Jobs

Simplify's Take

What believers are saying

  • The recent $169M Series E funding round indicates strong investor confidence and provides substantial capital for further innovation and expansion.
  • Collaborations with leading providers like Orion Advisor Solutions and Kwanti enhance Altruist's platform capabilities, making it more attractive to RIAs.
  • Acquiring Shareholders Service Group expands Altruist's service offerings and client base, positioning it to compete with industry giants like Schwab and Fidelity.

What critics are saying

  • The competitive landscape in the RIA market includes established players like Schwab and Fidelity, which could challenge Altruist's growth and market penetration.
  • Rapid expansion and multiple integrations may lead to operational complexities and potential service disruptions.

What makes Truist unique

  • Altruist offers a simplified tech stack specifically designed for RIAs, unlike broader financial platforms that cater to multiple financial service providers.
  • Their commission-free fractional share trading and automated rebalancer features provide cost-effective solutions that are not commonly bundled together in competing platforms.
  • The vertically-integrated custodian service allows Altruist to streamline operations and reduce overhead costs for RIAs, setting it apart from traditional custodial services.

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