Full-Time

Default Operations Analyst I

Confirmed live in the last 24 hours

Truist

Truist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Fintech
Financial Services

Entry

Lumberton, NC, USA + 3 more

More locations: Tempe, AZ, USA | Richmond, VA, USA | Winston-Salem, NC, USA

Category
Quality Control & Compliance
Supply Chain Management
Operations & Logistics
Required Skills
Customer Service
Requirements
  • High School Education or equivalent.
  • 1+ years of customer service or call center experience.
  • Flexibility to adapt to frequently changing processes and procedures.
  • Demonstrate proficiency in basic computer applications, such as Microsoft Office software products.
  • Strong verbal and written communication skills.
  • Strong critical thinking skills for effective problem identification and resolution in common and more complex situations.
  • Good interpersonal skills to promote teamwork, but able to work well independently.
Responsibilities
  • Provide excellent customer service to all internal business partners and external clients by way of inbound/outbound calling and/or written correspondence following the perfect client experience model.
  • Evaluate client’s request or concerns to determine qualifications for assistance or optimal resolution.
  • Accurately complete documentation and workflow updates in all required systems.
  • Compile written correspondence, if applicable. Provide support to department/staff with non-calling collection/recovery-related activities. Support includes activities such as processing client requests, loan maintenance and required follow-up items.
  • Minimize risk by complying with Federal regulations, state laws, Bank policy and Unit procedures. Identify, mitigate or communicate any issues or concerns to appropriate parties.
  • Manage assigned tasks and complete with accuracy.
  • Leverage multiple systems and business tools to monitor and determine/support appropriate outcomes/actions that may be product specific or supports multiple product types.

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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