Full-Time

Investment Banking VP-Chemicals

Confirmed live in the last 24 hours

Truist

Truist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Fintech
Financial Services

Compensation Overview

$275kAnnually

Senior, Expert

New York, NY, USA

Category
Investment Banking
Finance & Banking
Required Skills
Sales
Financial analysis
Requirements
  • BA/BS degree
  • Minimum of 8 years of related work experience
  • In-depth knowledge of investment banking, market, industry sector and/or financial products
  • Advanced skills in financial analytical, sales, presentation, client relationship management, organizing, leadership and interpersonal relationship management
  • Superior skills in written and oral communications
Responsibilities
  • Works closely with senior banking professionals, product specialists, clients and other internal and external constituencies to help drive the business growth
  • Leads support work, business development and/or product/client relationship management
  • Assists in the generation of ideas and strategies for new business opportunities including prospecting
  • Leads processes required to convert ideas to sales pitches, including due diligence execution and client pitch preparation
  • Leads all aspects of transaction execution, including organizing teams and handling engagement with internal and external constituencies, selling product and advisory ideas internally and externally, and managing resolution of complex client transaction issues
  • May supervise junior staff (i.e., Analysts, Interns, and Associates) by assigning and overseeing their day-to-day work
  • Manages highly complex financial modeling, pitch-book production development, client relationship, and deal team travel, etc.

Truist offers a platform for Registered Investment Advisors (RIAs) to enhance their operations and 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 efficiently. 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 while improving client satisfaction.

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

72%
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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