Full-Time

Application Architect

Posted on 11/20/2024

Truist

Truist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Fintech
Financial Services

Senior

Richmond, VA, USA

Position is hybrid; must travel to Richmond, VA regularly for meetings.

Category
Backend Engineering
Full-Stack Engineering
Software Engineering
Required Skills
jQuery
Agile
JavaScript
ASP.NET
SQL
C#
AngularJS
Requirements
  • Must have Bachelor's degree in Computer Science, CIS, or related technical degree
  • Must have 7 years of progressive experience in IT positions performing the following: Gathering requirements and translating into to technical specifications. Preparing design documents and resolving technical challenges during development. Deployment and Release coordination activities to support implementations. Utilizing: Agile development methodologies; Microsoft SQL Server 2008, 2012; C#, XML, Java script, JQuery, and SQL; ASP.Net, ASP.Net MVC, Angular, SQL Server; Mortgage tools, including BKFS Empower setups, Empower Orchestration Engine; TFS and Harvest; and SSIS.
Responsibilities
  • Provide application, systems, or process design recommendations based on short- and long- term Technology organization strategy.
  • Develop enterprise level application and custom integration solutions including major enhancements and interfaces, functions, and features.
  • Use a variety of platforms to provide automated systems applications.
  • Provide expertise regarding the integration of applications across the business.
  • Determine specifications, then plan, design, and develop the most complex and business critical software solutions, utilizing appropriate software engineering processes-either individually or in concert with project team.
  • Provide architectural strategy and direction for multiple diverse application functions on a variety of multi-platform systems in order to support the achievement of corporate business objectives.
  • Develop application strategy in support of short- and long-term business plans as well as application implications and software development requirements.
  • Participate in the development of company business system architecture plans and review cost and feasibility of system requests while ensuring the plan supports the strategic needs of the company.
  • May develop programming and development standards and procedures as well as programming architectures for code reuse.
  • Apply in-depth knowledge of programming languages and designing, coding, testing etc.
  • Understand and consistently apply the attributes and processes of current application development methodologies.
  • Research and maintain knowledge in emerging technologies and possible application to the business. Viewed as a technical expert and critical technical resource.
  • Typically lead complex projects and participate in larger initiatives. Solve complex technical and operational problems.
  • Act as a resource for teammates with less experience. May oversee workflow and provide coaching and training for a small team.

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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