Full-Time

VP-Investment Banking-Power and Renewables/ Energy Transition

Confirmed live in the last 24 hours

Truist

Truist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Fintech
Financial Services

Compensation Overview

$275kAnnually

Senior, Expert

New York, NY, USA

Annual base salary for this position in New York is $275,000.

Category
Investment Banking
Finance & Banking
Required Skills
Sales
Financial analysis
Requirements
  • BA/BS degree
  • Minimum of 8 years of related work experience
  • In-depth knowledge of investment banking, market, industry sector and/or financial products
  • Advanced skills in financial analytical, sales, presentation, client relationship management, organizing, leadership and interpersonal relationship management
  • Superior skills in written and oral communications
Responsibilities
  • Works closely with senior banking professionals, product specialists, clients and other internal and external constituencies to help drive the business growth
  • Leads support work, business development and/or product/client relationship management
  • Assists in the generation of ideas and strategies for new business opportunities including prospecting
  • Leads processes required to convert ideas to sales pitches, including due diligence execution and client pitch preparation
  • Leads all aspects of transaction execution, including organizing teams and handling engagement with internal and external constituencies, selling product and advisory ideas internally and externally, and managing resolution of complex client transaction issues
  • May supervise junior staff (i.e., Analysts, Interns, and Associates) by assigning and overseeing their day-to-day work
  • Manages highly complex financial modeling, pitch-book production development, client relationship, and deal team travel, etc.

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, allowing RIAs to manage their businesses more efficiently and serve more clients at lower costs. Unlike competitors, Truist provides these services for free, monetizing through a vertically-integrated custodian service that reduces 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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