Full-Time

Wholesale Business Insight Lead

Confirmed live in the last 24 hours

Truist

Truist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Fintech
Financial Services

Senior, Expert

Winston-Salem, NC, USA + 3 more

More locations: Charlotte, NC, USA | Greensboro, NC, USA | Atlanta, GA, USA

Category
Business Research
Project Management
Strategy Development
Business & Strategy
Required Skills
Data Analysis
Requirements
  • Bachelor's Degree
  • 8 years of related experience or an equivalent combination of education and experience.
  • Strong analytical skills with high attention to detail and accuracy
  • Sound and comprehensive understanding of business and organizational strategies and processes
  • Ability to interpret internal and external business challenges and implement best practices to improve products, processes, or services
  • Ability to lead projects of significant complexity and risk exposure
  • Ability to exercise judgment in solving technical, operational, and organizational challenges in the context of business objectives and priorities
  • Ability to influence others to adopt a new perspective
  • Excellent verbal, written, and interpersonal communication skills
  • Ability to make timely and independent judgment decisions while working in a fast paced and results driven environment
Responsibilities
  • Designs and produces business reporting /competitive intelligence, to enable effective 'management by fact' decision making for leadership across Wholesale.
  • Develops and maintains strong working relationship at multiple levels, effectively engaging with senior leaders, front line teams and a wide variety of technical, risk and other functional partners across Truist.
  • Partners with internal data team to research, analyze, design data sources in information systems in support of projects, information needs, and changing business requirements.
  • Executes data and report validations to support ongoing quality assurance processes.
  • Drives efficiencies and automation in all reporting and analytic work, identifying process improvements, data quality enhancements and availability.
  • Applies a comprehensive understanding of how the organization operates to solve technical, operational, and business problems.

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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