Full-Time

Wholesale Strategic Execution Lead

Commercial and Corporate Banking Business Management

Posted on 4/2/2025

Truist

Truist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Compensation Overview

$150k - $175k/yr

Senior, Expert

New York, NY, USA

Category
Strategy Development
Business & Strategy
Required Skills
Word/Pages/Docs
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides
Requirements
  • Bachelor’s degree in Business, or equivalent education and related training or experience to include 8+ years of experience in positions that carry increasing levels of responsibility, including experience in strategy or business consulting
  • Critical-thinking skills; ability to break-down large, abstract problems or questions into sub-components and develop comprehensive and cohesive recommendations, with supporting data/rationale
  • Excellent communication skills (written and verbal)
  • Strong cross-functional collaboration skills
  • Excellent interpersonal skills, ability to engage with stakeholders at all levels in the organization
  • Advanced proficiency with MS Office tools: PowerPoint, Excel and Word
Responsibilities
  • Partner with line of business and business unit leaders to develop business strategy and target operating model including organizational shifts and adjustments (people, product, process) required to deliver on strategy.
  • Translate strategic objectives into cross-functional execution plans that enable the realization of desired outcomes.
  • On an ongoing basis, identify opportunities and develop initiatives to accelerate performance against strategic goals and objectives.
  • Lead the development of, and present recommendations to address strategic business needs.
  • Perform qualitative and quantitative analyses (e.g., benchmarks, industry trends, internal operating and financial data) to support strategic rationale and measure results.
  • Lead cross-functional teams to clarify execution tactics and plans to achieve strategic goals.
  • Facilitate and drive project meetings with senior business leaders and client, product, business partner SMEs.
  • Develop, guide, and mentor less tenured teammates.
  • Support development and execution of agenda and approach to operating routines including leadership meetings and business reviews.
  • Prepare formal presentations for the CWBO, including regular town halls, leadership meetings, and leadership offsites.
  • Develop and drive consistent adoption of templates, processes, and approaches to streamline core and common functions including meetings, events & client engagement, business overviews, headcount tracking and management, HR initiatives, etc.
  • Collaborate with functional partners including finance, HR, credit & risk management, legal & compliance, marketing & communications, events, and technology.
  • Support a culture of collaboration and trust through frequent and transparent communication, professionalism, and respect.
Desired Qualifications
  • 2+ years of credit, portfolio, and/or relationship management experience
  • Strong knowledge and experience in strategic planning and execution, including creating and executing comprehensive plans associated with business mergers, conversions, product changes, technology releases, policy changes, and line of business strategic plans
  • Proven ability to collaborate across organizational silos
  • Ability to think strategically while delivering tactically
  • Ability to translate and present complex data in a manner that educates, enhances understanding, and influences decisions
  • Advanced skills in data visualization and storytelling
  • Deep knowledge of wholesale banking including corporate, commercial, and payments
  • Strong executive presence and communication skills
  • Sense of urgency and ability to multi-task and manage competing projects in a deadline-driven environment
  • MBA

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

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