Full-Time

Deposit & Payment Operations Specialist II-Garnishments

Confirmed live in the last 24 hours

Truist

Truist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Fintech
Financial Services

Junior, Mid

Orlando, FL, USA

Category
Risk Management
Finance & Banking
Required Skills
Inventory Management
Requirements
  • High School diploma or equivalent education and related training.
  • Ability to work in an area governed by production standards and work under pressure to meet critical deadlines.
  • Effective problem identification and resolution skills.
  • Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.
  • Ability to work in a team environment to include across shifts and departments.
  • Exhibit strong interpersonal skills as well as good verbal and written communication.
  • One to two years’ experience and exhibit knowledge in all the department’s functions.
Responsibilities
  • Perform functions as assigned that may include tasks that require special approvals, processes that effect clients that are large dollar, tasks that require a tight turnaround with high volume, etc.
  • Perform quality checks / inspections to ensure integrity and accuracy.
  • Research issues and implement appropriate corrective action.
  • Complete and maintain with accuracy any documentation for any required logs, dual control tasks, inventory and forms.
  • Ensure clear and effective communication with Leadership on topics such as inventory, meeting deadlines, reporting and escalating potential production or quality issues and recommendations on improvements.
  • Cross train on other functions as assigned to be able to perform when needed.

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 and monetizes through a vertically-integrated custodian service. The company's goal is to empower RIAs to grow their businesses and enhance client interactions.

Company Stage

Series E

Total Funding

$437.2M

Headquarters

Culver City, California

Founded

2018

Growth & Insights
Headcount

6 month growth

24%

1 year growth

37%

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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