Full-Time

Wholesale Strategic Execution Analyst

Posted on 11/6/2024

Truist

Truist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Fintech
Financial Services

Mid

Charlotte, NC, USA + 1 more

More locations: Atlanta, GA, USA

Category
Project Management
Strategy Development
Business & Strategy
Required Skills
PowerPoint/Keynote/Slides
Requirements
  • Strong academic credentials – college degree or equivalent education and related training or experience
  • 2-5 years of experience within consulting, business management, or financial services organization
  • Ability to present data and business considerations in a structured manner.
  • Advanced proficiency with MS Office tools, especially Excel, PowerPoint, and Word.
  • Demonstrated understanding of business and technology organization, resources, priorities, needs and policies.
Responsibilities
  • Develop, own, and execute against a standard process to track market trends and the competitive environment to inform strategic planning; produce relevant summaries when applicable.
  • Own and facilitate the gathering of content for Wholesale’s monthly business reviews to accurately capture financial performance, sales effectiveness, talent management, and progress against strategic priorities; will involve working with finance and business management partners to ensure content is relevant and accurate
  • Assist in the execution and project management of top priority initiatives within Wholesale to include defining logistics and approaches needed to operationalize business strategies, maintaining thorough project plans, and ensuring all participants are organized and aligned on execution plans; requires the ability to be a meaningful contributor to complex, cross-functional initiatives that accelerate performance and results
  • Understand strategic business goals, identify what data points are needed to inform how to achieve business goals (e.g., benchmarks, industry trends, internal operating and financial data), then gather and synthesize data to inform decision making and measure results.

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, monetizing through a vertically-integrated custodian service that reduces 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 growth potential.
  • Partnerships with Orion and Kwanti enhance platform integration and capabilities.
  • Increased demand for digital transformation aligns with Altruist's tech-focused solutions.

What critics are saying

  • Competition from firms like Betterment and Wealthfront may pressure Altruist's margins.
  • Frequent platform updates could lead to increased operational costs.
  • Integration challenges with new partners may affect system reliability.

What makes Truist unique

  • Altruist offers a simplified tech stack for efficient RIA management.
  • The platform includes commission-free fractional share trading and automated rebalancing.
  • Altruist provides original content for actionable insights to financial advisors.

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