Full-Time

Process Engineer I

Confirmed live in the last 24 hours

Truist

Truist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Fintech
Financial Services

Entry

Raleigh, NC, USA + 3 more

More locations: Charlotte, NC, USA | Greensboro, NC, USA | Atlanta, GA, USA

Category
Production Planning & Scheduling
Supply Chain Management
Operations & Logistics
Required Skills
Data Analysis
Requirements
  • College Degree or equivalent education, or commensurate training and work-related experience.
  • Certified Six Sigma Green Belt with two years’ experience applying the methodology
  • Four years of project analyst or relevant industry experience in banking, financial services, or other services industry
  • Experience leading optimization projects in financial services or transactional-based processes
  • Ability to use research and data analytics to diagnose problems, recommend action plans to resolve issues, and drive business decisions,
  • Ability to lead cross-functional teams without formal authority
  • Excellent skills in presentation, facilitation, communication, and negotiation
  • Solid understanding of program and project management disciplines, techniques, and approaches.
  • Ability to work in a fast paced, highly complex, results driven environment
  • Excellent verbal and written communication skills, including comfort with public speaking, group facilitation, and ability to interact effectively with all levels of management.
Responsibilities
  • Responsible for owning process models and procedures. Will function as a SME within their process vertical and display mastery of industry specific knowledge. Responsible for sampling and monitoring of assigned processes in relation to defined KPIs. Responsible to report and track KPI metrics and identify bottlenecks/process variations causing KPI’s to be missed.
  • Work with operations partners to identify opportunities and structure abstract questions or issues into manageable, specific work streams and deliverables.
  • Facilitate sessions to set direction and create change for business processes from a technological and workflow perspective.
  • Design and implement process-oriented solutions and ensure adequate change management and adoption across all levels of the organization. Provides oversight and ensures overall quality of junior teammates' key tasks and delivery.
  • Within assigned line of business, resolve or escalate risks or roadblocks prohibiting achievement of identified scope.
  • Train and support Production groups to ensure awareness and adoption of the target state.
  • Drive improvement process benefit expectation and realization. Measure and monitor return on investment (ROI) of process improvement projects to ensure organizational efficiency and profitability.
  • Facilitate and build relationships internal and external to the business unit to ensure initiative success.
  • Establish and maintain strong working relationships with key business partners with special emphasis on Business sponsors, Audit, Demand Management, Strategic Planning and members of the Senior Leadership 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 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

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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