Full-Time

Enterprise Strategic Risk Officer

Posted on 9/10/2024

Truist

Truist

501-1,000 employees

Platform for Registered Investment Advisors' operations

No salary listed

Senior, Expert

Charlotte, NC, USA + 1 more

More locations: Atlanta, GA, USA

Candidates must be in Charlotte, NC or Atlanta, GA a minimum of 4 days per week. No full remote or relocation assistance.

Category
Risk Management
Finance & Banking
Required Skills
Business Strategy
Requirements
  • Bachelor's degree or equivalent education and training.
  • Ten+ years of related experience or an equivalent combination of education and experience.
  • Broad and in-depth knowledge within own professional discipline and other related disciplines. Sound understanding of business and organizational strategies and processes.
  • Knowledge of the industry's competitive landscape and an understanding of the market and regulatory factors that shape the industry.
  • Strong written and verbal communication skills. Ability to interpret and explain complex information to a range of audiences. Ability to influence others to adopt a new perspective and handle interpersonal issues with tact and diplomacy.
  • Ability to exercise judgment and sophisticated skills in solving complex technical, operational, and organizational challenges in the context of business objectives and priorities.
  • Ability to lead projects of significant complexity and risk exposure. Ability to provide direction and mentor less experienced teammates.
Responsibilities
  • Drives critical elements of the design, development, implementation, and oversight of one or more assigned ERM Programs (e.g., Issues Management Program, Risk Measurement Program, Policy Management Program) to support the aligned ERM Risk Program Owner.
  • Supports and facilitates assigned ERM Programs policy and procedure documentation, training, communication and oversight activities across the enterprise.
  • Executes key components of the design and delivery of Quality Assurance related to assigned ERM Programs, including the testing strategy, outputs, and reporting for management and/or board level committees to demonstrate program effectiveness.
  • Coordinates with and supports Governance and Controls Office (GCOs) officers, Business Unit Chief Risk Officers (BUCROs) and Risk Program Owners ensure assigned ERM Programs requirements are understood and executed appropriately.
  • Provides thought leadership, subject matter expertise and indirect leadership within the broader ERM organization to plan and execute key strategic initiatives related to assigned ERM Programs.
  • Supports critical components of assigned ERM Programs presentation materials for key internal stakeholders (e.g. Business Unit Leadership, GCO Leadership, BUCRO Leadership, Risk Program Owners, Management Committees) and external regulators, including the associated preparation for ERM Leadership team.
  • Communicates regularly and escalates risks associated with execution of ERM Programs to the applicable ERM Program Managers, ERM Risk Program Owner and ERM Leadership team.
  • Work independently, with guidance in only the most complex situations.

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

Company Size

501-1,000

Company Stage

Series E

Total Funding

$449.5M

Headquarters

Culver City, California

Founded

2018

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 Altruist's platform capabilities.
  • Demand for digital transformation in financial services aligns with Altruist's offerings.

What critics are saying

  • Competition from Betterment and Wealthfront pressures Altruist to innovate.
  • Rapid tech advancements may increase Altruist's operational costs.
  • Expansion into San Francisco could raise recruitment and retention costs.

What makes Truist unique

  • Altruist offers a simplified tech stack for efficient RIA management.
  • The platform includes commission-free trading and automated rebalancing features.
  • Altruist provides original content and fast onboarding for 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

8%

1 year growth

4%

2 year growth

3%
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.

Business Wire
Mar 12th, 2025
Former Coinbase and Uber Executive Joins Altruist as CTO to Cement Tech Advantage

To establish a hub for engineering innovation and strengthen its technology leadership, Altruist is expanding its presence with an office in San Francisco.

Business Wire
Oct 2nd, 2024
LaSalle Vaughn Joins Altruist as Chief Compliance, Ethics, & Risk Officer

Vaughn joins Altruist from Bestow, where he served as Chief Compliance, Ethics, and Risk Officer, leading teams that mitigated regulatory risk for online insurance products.

Wealth Management
Sep 24th, 2024
Altruist Adds Digital Fixed Income Trading to Platform

RIA custodian Altruist has launched fully digital fixed-income trading for advisors.

Arena Investor
Aug 29th, 2024
Announcement: Arena Investor Partners with Altruist

Announcement: Arena Investor partners with Altruist.

INACTIVE