Full-Time

Business Enablement Director

Confirmed live in the last 24 hours

Truist

Truist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Fintech
Financial Services

Senior, Expert

Atlanta, GA, USA

Category
Project Management
Strategy Development
Business & Strategy
Required Skills
Data Analysis
Requirements
  • BA/BS degree
  • 12 years of related work experience
  • Advanced knowledge of industry, market, and products specific to CIB business
  • Advanced critical thinking, analytical and technical skills, with ability to problem solve and drive desired outcomes in unstructured / ambiguous situations
  • Excellent interpersonal style, good listening skills and the ability to communicate complex ideas clearly and concisely
  • Strong partnering, leadership and influencing skills in a complex, matrixed environment
Responsibilities
  • Provides operating leverage to the CIB business leader(s) and teams within their business area, as well as CIB overall, in order to enable realization of strategic and performance objectives.
  • Proactively enables strategic evaluation of their designated business/products by leading the development of business and market/competitor intelligence, business performance analyses, productivity and opportunity insights, KPIs, and goal setting support.
  • Helps identify opportunities and designs/delivers strategies and programs to strengthen sales execution, remove barriers to success, and make processes more efficient and effective.
  • Leads transformation initiatives for their designated business area, including strategic plan initiatives, new product initiatives, business change efforts, M&A evaluation/integration.
  • Responsible ongoing enablement programs to support the business, partnering with functional and other business partners as appropriate as primary liaison/SME.
  • Serves as lead for strategic planning, staffing/talent planning, technology and analytics plan/roadmap development, goal setting for their business area.
  • Manages and leads through unstructured situations. Able to decipher critical vs. non-critical needs, provide clarity and appropriate prioritization for teams, creatively problem solve and drive effective execution paths in the face of ambiguity.
  • Serves as SME for their business area and provides other leadership and support as needed for overall CIB, CIG or Truist initiatives on behalf of the business as needed.
  • Develops and maintains effective internal working relationships across CIB and the bank.
  • Applies solid risk management skills to make more complex risk decisions.
  • Mentors and coaches junior staff.

Truist offers a platform for Registered Investment Advisors (RIAs) to improve their operations and client services. The platform includes tools like live chat support, commission-free trading, and an automated rebalancer, allowing RIAs to manage their businesses more efficiently and serve more clients at lower costs. Unlike competitors, Truist provides these services for free and monetizes through a custodian service that helps RIAs reduce overhead. 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

38%

2 year growth

74%
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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