Full-Time

Lightstream Collector I

Confirmed live in the last 24 hours

Truist

Truist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Fintech
Financial Services

Entry

Richmond, VA, USA

Office-centric work schedule for Richmond, VA.

Category
Risk Management
Finance & Banking
Required Skills
Customer Service
Requirements
  • High school graduate
  • Basic computer skills
  • Strong verbal and written communication skills
  • Ability to perform in a fast paced, highly dynamic environment
  • Bachelor's Degree in a business-related field
  • Previous customer service, collection/recovery or lending experience
Responsibilities
  • Meet performance expectations for collection efforts for assigned accounts based upon individual goals and objectives, e.g., minimum calls per day, contact percentage, promises/calls ratio, promises kept.
  • Manage client communications and provide accurate account detail and information with a high level of professionalism and integrity, while following all required compliance and quality expectations.
  • Execute calls to assigned accounts in order of the collection system queue priority as established by calling strategy.
  • Document all collection efforts for each assigned account in the collection system using appropriate codes and notes in accordance with established procedures.
  • Utilize established resources for alternative information to reach clients.
  • Offer/execute payment assistance and settlement programs for clients based upon written policy guidelines.
  • Communicate regularly with leadership on status of problem accounts in accordance with established procedures.
  • Ensure that all accounts have been thoroughly worked according to established procedures (including contact attempts, required letters, 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, 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

43%

2 year growth

77%
Simplify Jobs

Simplify's Take

What believers are saying

  • Altruist raised $169M in Series E funding, boosting growth potential.
  • Collaboration with Orion enhances performance reporting capabilities for RIAs.
  • Digital fixed-income trading launch expands Altruist's service offerings.

What critics are saying

  • Competition from Betterment and Wealthfront pressures Altruist to innovate continuously.
  • Frequent platform updates may increase operational costs and disrupt services.
  • Reliance on free service model could be vulnerable to market demand shifts.

What makes Truist unique

  • Altruist offers commission-free fractional share trading, attracting cost-conscious RIAs.
  • The platform includes a model marketplace for personalized investment strategies.
  • Altruist provides a vertically-integrated custodian service to streamline RIA operations.

Help us improve and share your feedback! Did you find this helpful?