Full-Time

Financial Crimes Analyst I

Confirmed live in the last 24 hours

Truist

Truist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Fintech
Financial Services

Entry, Junior

Charlotte, NC, USA

Category
Risk Management
Finance & Banking
Requirements
  • High school diploma or equivalent education and related training
  • One year of banking, financial industry or related experience; preferably in a branch, audit, compliance, legal, risk or lending related capacity
  • Ability to learn and perform complex processes in order to meet the spirit and letter of the procedures, policies and regulations that govern the department
  • Strong investigative, analytical, and critical thinking skills
  • Strong work prioritization and time management skills
  • Strong interpersonal, communication and client service skills
  • Demonstrated proficiency in basic computer applications such as Microsoft Office software products
  • Ability to work in a high-stress, fast-paced, rapidly changing environment.
  • Ability and willingness to work flexible hours as required by the function
Responsibilities
  • Analyze and decision Financial Crimes related cases or alerts.
  • Utilize banking systems to investigate and research all transactional information to ensure that Financial Crimes requirements are met.
  • Conduct client research.
  • Use critical thinking skills to make well supported decisions relative to the alert type.
  • Utilize internal and external applications to assist in the investigation and research of all applicable alerts.
  • Efficiently and effectively resolve cases or alerts with awareness of all timelines as directed by relative to Financial Crimes function.
  • Support effective communication with internal and external partners or clients.
  • Participate in BSA/AML/OFAC and/or Fraud related training that may include webinars, periodicals and self -study in order to stay abreast of any related changing laws and regulations.

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

22%

1 year growth

40%

2 year growth

73%
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.

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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