Simplify Logo

Full-Time

Cybersecurity Program Senior Strategist

Posted on 9/18/2024

Truist

Truist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Fintech
Financial Services

Senior

Raleigh, NC, USA + 2 more

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

Category
Cybersecurity
IT & Security
Requirements
  • Bachelor's degree in business administration, technology related field or equivalent education and related training
  • Five years of demonstrated progressive experience in Cybersecurity experience
  • Foundational knowledge of cybersecurity terms, concepts, disciplines and frameworks
Responsibilities
  • Collaborate with lines of business and internal IT groups in evaluating and gathering technical requirements for business clients’ projects and initiatives.
  • Research clients’ requirements to develop potential technical solutions by interacting with any internal and/or external solution providers and subject matter experts.
  • Communicate and document potential solutions, impact analysis, benefits/risks, implementation requirements, and recommended approach.
  • Oversee and conduct a variety of analysis to guide program strategy and develop short- and long-term plans.
  • Make recommendations regarding cybersecurity related projects and initiatives.
  • Consults with business leaders on the development of policies, processes and practices.
  • Remain aware of the corporate technology, infrastructure, standards, processes, and strategic direction and use these tools to help guide the client in accomplishing their business goals.
  • Facilitate Process Improvement initiatives including working with Subject Matter Experts (SMEs) to provide proper risk, control, and efficiency guidance.

Truist offers a platform for Registered Investment Advisors (RIAs) to improve their operations and client services. The platform includes tools like live chat support, commission-free trading, and an automated rebalancer, allowing RIAs to manage their businesses more efficiently and serve more clients at a lower cost. Unlike competitors, Truist provides these services for free, monetizing through a custodian service that helps RIAs reduce 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

5%

1 year growth

19%

2 year growth

46%
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.
INACTIVE