Full-Time

Capital Markets Operations Specialist II

Confirmed live in the last 24 hours

Truist

Truist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Fintech
Financial Services

Mid, Senior

Atlanta, GA, USA

Category
Risk Management
Sales & Trading
Treasury
Finance & Banking
Required Skills
Excel/Numbers/Sheets
Requirements
  • BS/BA Degree, or equivalent education and related training or 3-5 years related experience
  • Understanding of Microsoft Office software, especially Excel. May be required to demonstrate proficiency
  • Strong 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.
  • 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
Desired Qualifications
  • Prior experience in bank or brokerage operations with ability to show increased level of responsibilities
  • Some knowledge of brokerage systems or operations
  • FINRA Series 99 or 7

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

5%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Altruist raised $169M in Series E funding, boosting growth and innovation potential.
  • Partnerships with Orion and Kwanti enhance Altruist's platform integration and service offerings.
  • Increased demand for digital transformation in financial services aligns with Altruist's tech solutions.

What critics are saying

  • Competition from firms like Betterment and Wealthfront pressures Altruist to innovate continuously.
  • Integration with Orion and Kwanti may pose operational risks if not seamless.
  • New digital fixed-income trading could attract regulatory scrutiny if compliance is lacking.

What makes Truist unique

  • Altruist offers a simplified tech stack for RIAs, enhancing operational efficiency.
  • The platform includes commission-free trading and an automated rebalancer for cost-effective solutions.
  • Altruist's model marketplace provides personalized investment strategies, catering to diverse client needs.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

Hybrid Work Options

401(k) Retirement Plan

401(k) Company Match

Company Equity