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Full-Time

Cybersecurity Business Transformation Senior Manager

Confirmed live in the last 24 hours

Truist

Truist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Fintech
Financial Services

Senior, Expert

Raleigh, NC, USA + 2 more

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

Category
Cybersecurity
IT & Security
Required Skills
Communications
Management
Requirements
  • Bachelor's degree and eight years of related experience or an equivalent combination of education and experience to include general business management, consulting-type work, or other disciplines related to business management and/or technology.
  • In-depth and broad knowledge within own professional discipline, such as finance, project management, change management, strategy development, etc.
  • Ability to interpret internal and external business challenges, and apply best practices to improve products, processes, or services.
  • Ability to lead projects of significant complexity and risk exposure.
  • Ability to exercise judgment in solving technical, operational, and organizational challenges.
  • Experience managing a team, including identifying and recruiting talent, managing performance, and making decisions about resource allocation.
  • Executive level communication skills, including negotiation, persuasion and ability to influence others to adopt a new perspective and handle interpersonal issues with tact and diplomacy.
Responsibilities
  • Provides thought leadership, organizational design, management and execution of an SLT-designated core function(s) or program(s).
  • Directs and oversees financial management, organizational planning and design, planning and coordination of Cyber programs.
  • Directs organizational efforts to partner closely with cyber domain managers and subject matter experts to develop program design, plan, metrics, and execution strategy.
  • Ensures that business cases are developed for budgeting, planning, and tracking revenue and/or expense.
  • Directs and oversees relationships with business owners and technology leads to support overall program needs.
  • Ensures that program activities are on a path to deliver benefits realization.
  • Ensures implementation and oversight of appropriate risk management plans for program initiatives in area of responsibility.
  • Monitors and challenges performance of current systems and processes.
  • Identifies and advocates for solutions designed to deliver value and mitigate risk as appropriate.
  • Vets new solutions and determines at what point larger issues require escalation to upper management.
  • Leads teams or multiple teams of internal and/or external resources.
  • Analyzes and collectively manages variances to the program plan and overall portfolio and makes recommendation and/or creates action plan to mitigate negative variances or to resolve issues.
  • Articulates overall performance of multiple programs and initiatives via dashboard reporting for use by key executives.

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%
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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.