Full-Time

Sr Internal Auditor

Wealth

Confirmed live in the last 24 hours

Truist

Truist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Fintech
Financial Services

Mid, Senior

Raleigh, NC, USA + 4 more

More locations: Richmond, VA, USA | Winston-Salem, NC, USA | Charlotte, NC, USA | Atlanta, GA, USA

Category
Risk & Compliance
Legal & Compliance
Required Skills
Data Analysis
Requirements
  • Bachelor’s degree in accounting, business or related field or equivalent education and related training or experience.
  • Four to six years of banking, auditing or other relevant experience related to area of responsibility.
  • Good decision-making skills.
  • Strong knowledge of audit principles, practices, and methodologies including risk assessment, and audit documentation.
  • Good aptitude for learning analytical, audit and/or facilitation skills.
  • Ability to grasp the underlying concepts in complex information.
  • Ability to identify root causes of problems.
  • Ability to formulate solutions based on a synthesis of information.
  • Proficiency in computer applications, such as Microsoft Office software products.
  • Ability to manage multiple priorities of varying complexities.
  • Ability to work independently with minimal oversight.
Responsibilities
  • Prepare for and lead effective client interviews and document interview results via narratives, flowcharts and process maps for complex business processes.
  • Analyze process documentation to evaluate design effectiveness and efficiency of controls.
  • Design and execute testing strategy by incorporating the use of data analytics.
  • Identify internal control weaknesses, including risks, and root cause.
  • Assist in guiding junior team members to enhance achievement of goals and objectives.
  • Present and effectively communicate identified audit issues to Management and the Engagement Manager.
  • Develop advanced audit skills and begin developing risk assessment and project management skills.
  • Deepen knowledge of the organization, operations, policies and procedures (including banking laws and regulations) under which Truist operates.
  • Create work papers in line with Truist Audit Services procedures and documentation requirements.
  • Work independently with minimal oversight to ensure work is completed on time and within deadlines.
  • Receive constructive feedback and apply to future assignments.

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, aiming to reduce 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.
  • Partnerships with Orion and Kwanti enhance platform capabilities and market reach.
  • Increased demand for digital financial services aligns with Altruist's offerings.

What critics are saying

  • Competition from Betterment and Wealthfront could erode Altruist's market share.
  • Rapid tech advancements may strain Altruist's resources if not managed well.
  • Integration with third-party providers may lead to data security vulnerabilities.

What makes Truist unique

  • Altruist offers a simplified tech stack for RIAs, enhancing operational efficiency.
  • The platform includes commission-free fractional share trading and automated rebalancing.
  • Altruist provides original content, offering actionable insights for independent financial advisors.

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