Full-Time

Senior Loan Trade Settlement Specialist

Cib

Posted on 11/13/2024

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. Unlike competitors, Truist provides these services for free and monetizes through a vertically-integrated custodian service, reducing 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 financial stability and growth potential.
  • Partnerships with Orion and Kwanti enhance platform capabilities and attract more RIAs.
  • Increased demand for digital financial services aligns with Altruist's offerings.

What critics are saying

  • Competition from firms like Robinhood and Betterment could erode Altruist's market share.
  • Continuous tech updates may strain Altruist's financial resources.
  • Integration challenges with new partners may disrupt service delivery.

What makes Truist unique

  • Altruist offers a simplified tech stack for RIAs, enhancing operational efficiency.
  • The platform includes commission-free fractional share trading and an automated rebalancer.
  • Altruist provides original content and fast onboarding for independent financial advisors.

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