Full-Time

Senior Financial Analyst II

Wholesale Credit Delivery & Enablement

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
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Financial analysis
Data Analysis
Requirements
  • Bachelor's degree in Accounting or Finance, or equivalent education and related training.
  • Five years of relevant accounting or finance experience that includes complex financial analysis.
  • Ability to take direction and then work independently to complete tasks while considering broader implications or necessary additional analysis.
  • Ability to build consensus through communication and presentation of factual and relevant information.
  • Strong verbal and written communication skills.
  • Strong analytical and problem-solving skills.
  • Sound and logical decision-making abilities.
  • Ability to work well with others in a dynamic, team-oriented environment.
  • Proficiency in computer applications such as Microsoft Office Excel, PowerPoint, Word, Outlook, and other basic software products.
  • Certified Public Accountant, Certified Management Accountant, or Chartered Financial Analyst (preferred).
  • Master's degree of MBA (preferred).
  • Specific financial services or specialized industry experience (preferred).
  • Proficient in Essbase/Hyperion, EPM/BPC, or other enterprise accounting software (preferred).
  • Experience with macros/VBA (preferred).
Responsibilities
  • Serve as a strategic business consultant to specified lines of business (LOBs), providing financial analysis and guidance to support key decisions and initiatives that may include new product development, pricing, profitability, expense efficiency and value creation ideas, new investment business cases, and potential divestiture or acquisition opportunities.
  • Prepare management information and insights to guide decision making and evaluates financial performance vs. plan, prior periods, and the strategic plan.
  • Collaborates and works across the Finance division to ensure integrity of the financials and ensures sound controls and procedures.
  • Supports reporting and analysis for additional constituencies, including Board of Directors, Investor Relations, and various regulatory agencies.
  • Compiles, reviews, analyzes, and submits timely and accurate monthly reporting related to the Bank's financial performance or strategy.
  • Ensures that source data is reliable, complete and documentation is maintained to support data integrity initiatives.
  • Interpret and summarize results and trends for Senior Leadership.
  • Applies knowledge of best practices derived from experience to solve problems of higher operational or technical complexity by analyzing possible solutions using data analysis, experience, judgement and precedents.
  • Takes a new perspective on existing solutions to propose innovative solutions.
  • Prepares and reviews materials to senior leadership summarizing issues and communicating solutions.
  • Reviews monthly financial close, monthly forecasting and annual financial planning processes for accuracy and reasonableness, including entries for month-end close, forecast updates, and Plan development.
  • Updates and automates retrieval of financial information via the use of simple spreadsheets to more complex databases and reporting templates.
  • Develops and performs testing of economic models as necessary.
  • Maintains necessary documentation of source data, ensuring adequate support of data integrity.
  • Subject matter expert on products, fees, and fee codes, regulatory reporting requirements, business cycles, origination channels and accounting flow for assigned area of responsibility.
  • Maintains working knowledge of generally accepted accounting principles (GAAP), building expertise related to assigned area of responsibility.
  • Deepens understanding of more complex accounting, profitability, regulatory, and business segment nuances, including cost allocation methodology, funds transfer pricing, and vendor contracts.
  • Provides line of business (LOB) leadership with the monthly performance review package by preparing and providing explanation of changes and identification of trends for use in discussions with the Senior Financial Officer (SFO) and other members of Senior Leadership.
  • Monitors financial performance for specified LOBs to detect unusual or significant changes in business trends and opportunities for improvement.
  • Assists in preparing presentations regarding new business initiatives.
  • Maintains a strong working relationship with supported business area to complete tasks and deliver high quality work.
  • Maintains relationships with cross-functional departments to broaden knowledge and solve more complex situations.
  • Coordinate with internal and external audits and examinations (responses to External and Regulatory requests are to be made in collaboration with Accounting Policy).
  • Assist in risk management governance and business continuity planning processes as necessary.

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, reducing 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

24%

1 year growth

43%

2 year growth

77%
Simplify Jobs

Simplify's Take

What believers are saying

  • Altruist raised $169M in Series E funding, boosting financial stability and growth potential.
  • Partnerships with Orion and Kwanti enhance platform capabilities and attract more RIAs.
  • Increased demand for digital financial services aligns with Altruist's offerings.

What critics are saying

  • Competition from firms like Robinhood and Betterment could erode Altruist's market share.
  • Continuous tech updates may strain Altruist's financial resources.
  • Integration challenges with new partners may disrupt service delivery.

What makes Truist unique

  • Altruist offers a simplified tech stack for RIAs, enhancing operational efficiency.
  • The platform includes commission-free fractional share trading and an automated rebalancer.
  • Altruist provides original content and fast onboarding for independent financial advisors.

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