Full-Time

Digital Group Product Manager II

Agile

Posted on 10/2/2024

Truist

Truist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Fintech
Financial Services

Senior

Raleigh, NC, USA + 1 more

More locations: Charlotte, NC, USA

Category
Product Management
Product Strategy
Product
Required Skills
Agile
Product Management
Requirements
  • A minimum of fifteen+ years in a combination of professional services and financial services industry
  • Seven+ years of product management experience
  • Deep understanding of software development methodologies and best practices
  • Deep and broad experience in digital banking, financial services, or other complex transactional services
  • Experience leading complex, cross-functional initiatives and large scale projects
  • Demonstrable understanding and application of digital concepts and technology
  • Ability to lead initiatives throughout the software development lifecycle, including post implementation
  • Bachelors’ degree in business, engineering, design, or technology field; banking or financial management education or equivalent education and related training
  • Strong strategic thinker, with ability to quickly assess complex problems, prioritize key issues, and focus on relevant facts
  • Demonstrated experience in managing a varied team of professionals in a project-based environment and a proven ability to coach and develop a team
  • Outstanding skills presenting/communicating ideas and data to Executive level leaders
  • Sound business judgment and ability to build a business case around a product or service
  • Expert relationship builder; developing open, effective, considerate, and productive working relationships. Can “work the matrix” and gain credibility quickly with internal and external constituents
  • High level of adaptability; responds appropriately and competently to the demands of work challenges when confronted with change, ambiguity, adversity, and other pressures
Responsibilities
  • Responsible for leading a team of Product Managers and Product Owners, setting direction and priorities for products, services, and experiences targeted for various client groups across the organization.
  • Responsible for understanding industry landscape, competitive environment, and voice of client.
  • Develop product roadmaps in collaboration with Relationship Managers and Line of Business (LOB) partners.
  • Manage teams that develop and groom backlog from EPICS down to user stories in partnership with LOB, User Experience/User Interface, Content, Technology, and Operations.
  • Partner with Tech Agile teams on development, rollout, and post-production support.
  • Partner with Legal, Risk, & Compliance on new product development and remediation when applicable.
  • Partner with associated LOBs, marketing, operation, and readiness teams on commercialization and rollout.
  • Responsible for the client experience/results/KPIs of assigned platforms.
  • Manage product pricing, including modeling pricing changes.
  • Manage annual budget, including monthly forecasting.
  • Hire, mentor and manage team members; proactively provide timely, candid, and constructive performance feedback in efforts to cultivate appropriate talent pool to ensure adequate bench strength and succession planning.
  • Responsible for leading teams across related but disparate functions to support successful deployment of new products and integrated experiences.

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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