Full-Time

Product Development Manager

Zelle

Posted on 4/16/2025

Truist

Truist

501-1,000 employees

Platform for Registered Investment Advisors' operations

No salary listed

Senior

Charlotte, NC, USA + 1 more

More locations: Atlanta, GA, USA

Category
Technical Product Management
Product Management
Product
Required Skills
Product Management
Risk Management
Requirements
  • Bachelor's degree in Business or related field, or equivalent education or related training
  • 2+ years of leadership experience in product or portfolio management or relevant experience (Digital Payments)
  • 5+ years of experience in product management, digital payments or related areas within financial services
  • Advanced Analytical skills (assessment/ decision making/ problem solving), priority setting, strategic planning, execution, communication, presentation, business acumen
  • Aptitude to operate at both the strategic and tactical level
  • Ability to work independently and efficiently to meet tight deadlines with minimal supervision
  • Proven attention to detail
  • Well-developed interpersonal skills that build trust and encourage teamwork with peers, business partners and clients, as applicable
  • Exceptional written and verbal communication skills including the ability to synthesize data, develop recommendations and present to senior management
  • Demonstrated proficiency in basic computer applications, such as Microsoft Office software products
Responsibilities
  • Drive the effective execution of the Zelle Product roadmap, to support the development of the product and achieve business growth objectives
  • Understand P&L profitability and key performance metrics to ensure that the delivery of features and functionality remain in alignment with the goals of the business unit and Truist enterprise
  • Oversee product implementation and leverage partnerships across the bank, as well as those with external parties, to ensure congruence with business goals, resulting in successful outcomes
  • Acquire and supply feedback to aid in refining the Zelle product and supporting processes
  • Understand, interpret and further convey the strategy for Zelle Product Development at Truist
  • Ensure that the delivery of product features and enhancements supports the intended strategic direction
  • Build awareness and educate teammates about the goals and objectives of the Zelle Product team, garner support and influence prioritization to drive successful implementation of the short- and long-term roadmaps for product development
  • Advocate for new or updated features and functionalities and translate approved product specifications into functional requirements
  • Drive system integration with support from Operational teammates
  • Continuously monitor and seek feedback from business partners to aid in identifying opportunities for improvement in execution strategy, meanwhile balancing product accessibility and delivery, as well as performance and profitability
  • Monitor trends and best practices as the industry landscape continuously evolves
  • Stay abreast of Competitor (bank and non-bank) activities, including product offerings, enhanced features and new functionality, with emphasis on upcoming trends and potential impacts to Truist
  • Maintain general awareness of legal and regulatory requirements, ensuring compliance of product design, positioning and delivery
  • Assess benchmarks and identify strategic opportunities in the marketplace
  • Build rapport, establish trust and foster successful working relationships with new and existing business partners, including those on immediate team and within the broader business unit, as well as teammates across the Truist enterprise and external 3rd party vendor partners
  • Reach out frequently to engage support partners, ensuring a mutual understanding of the intended Product Strategy
  • Leverage interpersonal skills to cultivate two-way communication through clear and concise means, in order to deliver updates on projects, feedback and commentary
  • Influence and build consensus with diverse partners at all levels
  • Ensure effective oversight by regulatory, legal, compliance, business governance, audit, change and quality management while meeting the needs and demands of our customers; adhere to all product policies and procedures
  • Understand Truist's Risk Management appetite and leverage this framework when developing Product strategies and tactics
Desired Qualifications
  • Master's degree or equivalent education and related training
  • 5+ years of leadership experience in product or portfolio management or relevant experience (Digital Payments)

Truist offers a platform for Registered Investment Advisors (RIAs) to enhance their operations and client interactions. 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 and monetizes through a vertically-integrated custodian service. The company's goal is to empower RIAs to grow their businesses and improve client experiences.

Company Size

501-1,000

Company Stage

Series F

Total Funding

$601.5M

Headquarters

Culver City, California

Founded

2018

Simplify Jobs

Simplify's Take

What believers are saying

  • Altruist raised $152 million in Series F funding, boosting growth potential.
  • The company serves over 4,700 advisors, tripling assets under management consecutively.
  • Altruist's digital fixed-income trading aligns with expanding market trends.

What critics are saying

  • Competition from Robinhood and established players like Schwab and Fidelity is intense.
  • Rapid growth may strain Altruist's operational capabilities, risking service disruptions.
  • New regulatory compliance challenges arise with digital fixed-income trading addition.

What makes Truist unique

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

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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

Growth & Insights and Company News

Headcount

6 month growth

5%

1 year growth

1%

2 year growth

0%
Fintech News Singapore
Apr 23rd, 2025
GIC Leads US$152 Million Series F in U.S. Custodian Altruist

Altruist, a US-based custodian platform for registered investment advisors (RIAs), has raised US$152 million in a Series F funding round led by Singapore's sovereign wealth fund GIC.

Business Wire
Apr 22nd, 2025
Altruist Secures $152M Series F Funding

Altruist, a modern custodian for RIAs, raised $152 million in Series F funding led by GIC, valuing the company at approximately $1.9 billion. Other participants included Salesforce Ventures and Baillie Gifford. The funding follows a year of significant growth, with Altruist launching new products and expanding its executive team. The company now serves over 4,700 advisors and has tripled assets under management for two consecutive years.

Axios
Apr 22nd, 2025
Altruist Raises $152M, Nears $2B Valuation

Altruist, a custodian and software company for investment advisers, raised $152 million in Series F funding led by GIC, valuing it at $1.9 billion. This follows Robinhood's acquisition of custodian TradePMR for $300 million last year. Altruist was previously valued at $1.5 billion in May 2024. The RIA custody space, dominated by Charles Schwab and Fidelity, is seeing new entrants aiming to capture market share with innovative tech and lower fees.

Wealth Management
Mar 14th, 2025
WealthStack Roundup: Altruist Fills CTO Vacancy

RIA custodian upstart Altruist this week announced the hiring of Silicon Valley insider Sumanth Sukumar as its chief technology officer.

Business Wire
Mar 12th, 2025
Former Coinbase and Uber Executive Joins Altruist as CTO to Cement Tech Advantage

To establish a hub for engineering innovation and strengthen its technology leadership, Altruist is expanding its presence with an office in San Francisco.

INACTIVE