Full-Time

Senior Loan Trade Settlement Specialist

Cib

Confirmed live in the last 24 hours

Truist

Truist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Fintech
Financial Services

Senior

Atlanta, GA, USA

Category
Sales & Trading
Finance & Banking
Requirements
  • BS/BA Degree, or equivalent education
  • Thorough Understanding of Microsoft Office software, especially Excel.
  • Knowledge of brokerage systems or operations
  • In-depth knowledge of financial industry, products, and regulatory environment
  • Excellent interpersonal, time management and problem solving skills
Responsibilities
  • Process transactions as specifically required by job function and work independently to complete daily tasks within specified time parameters.
  • Supervise teammates for timely completion of daily work
  • Engage in initiatives and projects associated with functional areas and provide subject matter expertise, as needed
  • Interact with clients, teammates from the LOB and other support teammates to process requests and resolve issues
  • Ensure functional procedures and controls are being followed and maintained
  • Requires a level of proficiency in specific products and technology associated with Capital Markets

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.

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