Full-Time

Technology Business Office Consultant III

Confirmed live in the last 24 hours

Truist

Truist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Fintech
Financial Services

Senior

Charlotte, NC, USA

Category
Project Management
Strategy Development
Business Development
Business & Strategy
Requirements
  • Advanced degree in a relevant field, or an equivalent combination of education and work experience.
  • Eight years progressive related experience in managing enterprise technology organizations combined with overall twelve years progressive related experience in enterprise technology.
  • Demonstrated experience in technology organization management, financial management, risk management, people management, issue resolution, influencing team members and other stakeholders, conducting difficult negotiations and managing to stringent timelines for project deliverables.
  • Demonstrated superior understanding of business and technology organization, resources, priorities, needs and policies.
  • Demonstrated leadership in the implementation of complex programs and projects.
  • Ability to bring clarity to ambiguous assignments.
  • Demonstrated executive level verbal and written communication skills.
  • Superior working knowledge of business matters, finance, planning, and forecasting.
  • Experience managing a team of professionals, focused on business management or technology initiatives.
Responsibilities
  • Direct and oversee financial management, organizational planning and design, planning and coordination of Technology programs and business management.
  • Direct organizational efforts to partner closely with LOB/function managers and subject matter experts to develop program design, plan, metrics and execution strategy. Ensure that business cases are developed for budgeting, planning, and tracking revenue and/or expense.
  • Direct and oversee relationships with business owners and technology leads to support overall program needs.
  • Ensure that program and business activities are on a path to deliver benefits realization.
  • Ensure implementation and oversight of appropriate risk management plans for initiatives in area of responsibility.
  • Monitors and challenges performance of current systems and processes. Identifies and advocates for solutions designed to deliver value and mitigate risk as appropriate.
  • Vets new solutions and determines at what point larger issues require escalation to upper management.
  • Manage a teams or multiple teams of internal and/or external professional resources.
  • Analyzes and collectively manages variances to the program plan and overall portfolio and makes recommendation and/or creates action plan to mitigate negative variances or to resolve issues.
  • Articulates overall performance of multiple programs and initiatives via dashboard reporting for use by key executives.

Truist offers a platform for Registered Investment Advisors (RIAs) to improve their operations and client services. The platform includes tools like live chat support, commission-free trading, and an automated rebalancer, allowing RIAs to manage their businesses more efficiently and serve more clients at lower costs. Unlike competitors, Truist provides these services for free and monetizes through a custodian service that helps RIAs reduce overhead. The 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

N/A

Growth & Insights
Headcount

6 month growth

24%

1 year growth

38%

2 year growth

74%
Simplify Jobs

Simplify's Take

What believers are saying

  • The recent $169M Series E funding round indicates strong investor confidence and provides substantial capital for further innovation and expansion.
  • Collaborations with leading providers like Orion Advisor Solutions and Kwanti enhance Altruist's platform capabilities, making it more attractive to RIAs.
  • Acquiring Shareholders Service Group expands Altruist's service offerings and client base, positioning it to compete with industry giants like Schwab and Fidelity.

What critics are saying

  • The competitive landscape in the RIA market includes established players like Schwab and Fidelity, which could challenge Altruist's growth and market penetration.
  • Rapid expansion and multiple integrations may lead to operational complexities and potential service disruptions.

What makes Truist unique

  • Altruist offers a simplified tech stack specifically designed for RIAs, unlike broader financial platforms that cater to multiple financial service providers.
  • Their commission-free fractional share trading and automated rebalancer features provide cost-effective solutions that are not commonly bundled together in competing platforms.
  • The vertically-integrated custodian service allows Altruist to streamline operations and reduce overhead costs for RIAs, setting it apart from traditional custodial services.

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