Full-Time

Contract Manager II

Posted on 2/3/2025

Truist

Truist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Fintech
Financial Services

Senior

Atlanta, GA, USA

Category
Contract Management
Legal & Compliance
Required Skills
Risk Management

You match the following Truist's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Bachelor’s degree and 5 years related experience; Master’s degree or J.D. and 2-3 years of related experience
  • Proven ability to work in a fast-paced environment, managing a high volume of work in a timely manner
  • Legal aptitude and understanding of relationships between and among contract provisions
  • Strong relationship management skills and the ability to gain trust and confidence of senior leaders within organization
  • Excellent interpersonal and problem-solving skills
Responsibilities
  • Prepare, analyze and negotiate various agreement types including: Statements of Work, Schedules, Software as a Service Agreements, Software Licensing Agreements, Hardware Acquisition and Support Agreements, Amendments, Change Orders and Non-Disclosure Agreements.
  • Work closely with legal, sourcing and risk experts to ensure sourced supplier contracts are structured with appropriate risk allocation provisions and mechanisms to assure the supplier’s performance meets Truist’s business objectives within the agreed costs and schedules.
  • Work within the framework of regulatory guidance and company policies to ensure supplier contracts are compliant with law and regulation, and within Truist risk appetite.
  • Maintain a strong working knowledge of internal guidelines related to supplier contracts, and customize contract language within those guidelines to address specific business issues.
  • Escalate complex legal issues to Truist Legal and assist in resolution.
  • Interpret contractual language and advise stakeholders on legal and commercial risks, along with best practices for risk mitigation.
  • Provide authoritative guidance to internal business teams on corporate goals and objectives relating to contract activity.
  • Draft contract summaries detailing material deviations from Truist standards.
  • Host meetings with Service/Supplier Manager to review contract summaries and ensure the end-user’s understanding of business and legal terms, including service levels.
  • Develop and maintain strong relationships with internal clients, sourcing teammates, Truist Legal, and suppliers to advance negotiation strategy for supplier contracts.

Truist offers a platform for Registered Investment Advisors (RIAs) to streamline their operations and improve client experiences. Its features include live chat support, commission-free fractional share trading, a model marketplace, and an automated rebalancer, which help RIAs 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. The company's goal is to empower RIAs to grow their businesses and enhance client satisfaction.

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

INACTIVE