Full-Time

Associate General Counsel

Sales & Trading Derivatives Attorney

Confirmed live in the last 24 hours

Truist

Truist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Compensation Overview

$170k - $225k/yr

Senior, Expert

Charlotte, NC, USA + 2 more

More locations: New York, NY, USA | Atlanta, GA, USA

Category
Legal
Quantitative Finance
Legal & Compliance
Requirements
  • Juris Doctorate degree from an ABA accredited law school and licensed to practice law in good standing
  • 8 years legal derivatives transactional and related regulatory experience (e.g., ISDA documentation, Commodities Exchange Act/CFTC rules) in a large law firm environment, corporate legal department or government/regulatory agency
  • Experience with the negotiation and drafting of derivatives documentation (including advanced level of the review and negotiation of ISDA master agreements, protocols, confirmations and definitions)
  • Possess superior written and verbal communication skills
  • Ability to prioritize matters, utilize time management skills, and move between matters fluidly
  • Ability to handle a heavy workload, manage stress effectively and meet critical deadlines
  • Able to work autonomously without close supervision
  • Team-oriented mentality and excellent interpersonal skills
  • Demonstrated proficiency in basic computer applications, such as Microsoft Office software products
Responsibilities
  • Provide significant internal client legal support day to day
  • Responsible for assessing legal risk, providing legal advice, and/or assisting in resolving legal problems which may represent potential exposure to the company
  • Keeps abreast of legislation, regulations, and case law developments that affect the company and the banking industry in the area of swaps and derivatives
  • Prepare and/or review documents and other instruments, represent the company in transactions, conduct negotiations, and perform legal research and analysis, maintaining files and records
  • Identify need for and when necessary, select, engage, and direct outside counsel to undertake specific matters
  • Serve as an individual contributor but may provide ad hoc work direction and supervision to other legal staff regarding support on active projects
Desired Qualifications
  • Experience with equity derivatives.
  • Experience with the review and negotiation of MRA, MSFTA, and MSLAs.
  • Strong analytical skills and ability to balance business needs with legal risks.
  • Excellent verbal and written communication skills with particular emphasis on contract drafting abilities
  • Readiness to develop legal skills and expand legal knowledge into new substantive areas of the law
  • Experience or related training in the financial services industry or a related legal practice area, with demonstrated specialization in derivatives
  • Experience in a corporate legal department having successfully held positions of advancing responsibility
  • Comfortable working in the entrepreneurial environment of a large, complex corporation

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, allowing RIAs to manage their businesses more efficiently. Unlike competitors, Truist provides these services for free and monetizes through a vertically-integrated custodian service, helping RIAs reduce costs. The company's goal is to empower RIAs to grow their businesses and enhance client experiences.

Company Size

501-1,000

Company Stage

Series F

Total Funding

$601.5M

Headquarters

Culver City, California

Founded

2018

Simplify Jobs

Simplify's Take

What believers are saying

  • Altruist raised $152M, valuing it at $1.9B, indicating strong investor confidence.
  • The company serves 4,700 advisors, holding over 10% market share in the RIA space.
  • Altruist's fast onboarding and tech solutions align with the digital transformation trend.

What critics are saying

  • Competition from Charles Schwab and Fidelity may challenge Altruist's market position.
  • Industry consolidation, like Robinhood's acquisition of TradePMR, increases competitive pressure.
  • Expansion into digital fixed-income trading introduces new regulatory and compliance risks.

What makes Truist unique

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

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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

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Los Angeles Business Journal
May 5th, 2025
Altruist Secures $152M, Valued at $1.9B

Altruist, based in Culver City, raised $152 million in funding, bringing its valuation to $1.9 billion. Founder Jason Wenk claims this will be the last funding round needed. The firm aims to enhance technology for independent registered investment advisers (RIAs) to serve more clients efficiently. Altruist expects to grow over 100% this year and serves 1,000 RIA firms with 4,700 advisers, holding over 10% market share. The funding was led by GIC, a global investor from Singapore.

Fintech News Singapore
Apr 23rd, 2025
GIC Leads US$152 Million Series F in U.S. Custodian Altruist

Altruist, a US-based custodian platform for registered investment advisors (RIAs), has raised US$152 million in a Series F funding round led by Singapore's sovereign wealth fund GIC.

Business Wire
Apr 22nd, 2025
Altruist Secures $152M Series F Funding

Altruist, a modern custodian for RIAs, raised $152 million in Series F funding led by GIC, valuing the company at approximately $1.9 billion. Other participants included Salesforce Ventures and Baillie Gifford. The funding follows a year of significant growth, with Altruist launching new products and expanding its executive team. The company now serves over 4,700 advisors and has tripled assets under management for two consecutive years.

Axios
Apr 22nd, 2025
Altruist Raises $152M, Nears $2B Valuation

Altruist, a custodian and software company for investment advisers, raised $152 million in Series F funding led by GIC, valuing it at $1.9 billion. This follows Robinhood's acquisition of custodian TradePMR for $300 million last year. Altruist was previously valued at $1.5 billion in May 2024. The RIA custody space, dominated by Charles Schwab and Fidelity, is seeing new entrants aiming to capture market share with innovative tech and lower fees.

Wealth Management
Mar 14th, 2025
WealthStack Roundup: Altruist Fills CTO Vacancy

RIA custodian upstart Altruist this week announced the hiring of Silicon Valley insider Sumanth Sukumar as its chief technology officer.