Full-Time

Client Segment Strategic Execution Lead

Posted on 11/16/2024

Truist

Truist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Fintech
Financial Services

Mid, Senior

Atlanta, GA, USA

Requires in-office presence four days per week in Atlanta or Charlotte.

Category
Project Management
Strategy Development
Business & Strategy
Required Skills
Data Analysis
Requirements
  • Strong critical-thinking skills
  • Cross-functional collaboration skills
Responsibilities
  • Partner with client segment, product, and/or channel teams to identify opportunities to win with target client segments via differentiated products and client experiences.
  • Translate CSBB strategic objectives into capability gaps and cross-functional execution plans that enable the realization of desired strategic positioning.
  • On an ongoing basis, continue to formulate new strategic initiatives aimed at growing specific client segments, product production/penetration, or channel optimization, by drawing on analytics / insights.
  • Lead the development of, and present recommendations to address strategic business needs.
  • Facilitate and drive project meetings with senior business leaders and client, product, channel SMEs.
  • Lead cross-functional teams to clarify execution tactics and plans to achieve strategic goals.
  • Ensure portfolio of execution projects and activities align with agreed client segment, product, or channel strategies (strategic plan alignment)

Truist offers a platform for Registered Investment Advisors (RIAs) to improve their operations and client services. The platform includes tools like live chat support, commission-free trading, and an automated rebalancer, allowing RIAs to manage their businesses more efficiently and serve more clients at lower costs. Unlike competitors, Truist provides these services for free and monetizes through a custodian service that helps RIAs reduce overhead. The 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

N/A

Growth & Insights
Headcount

6 month growth

24%

1 year growth

38%

2 year growth

74%
Simplify Jobs

Simplify's Take

What believers are saying

  • The recent $169M Series E funding round indicates strong investor confidence and provides substantial capital for further innovation and expansion.
  • Collaborations with leading providers like Orion Advisor Solutions and Kwanti enhance Altruist's platform capabilities, making it more attractive to RIAs.
  • Acquiring Shareholders Service Group expands Altruist's service offerings and client base, positioning it to compete with industry giants like Schwab and Fidelity.

What critics are saying

  • The competitive landscape in the RIA market includes established players like Schwab and Fidelity, which could challenge Altruist's growth and market penetration.
  • Rapid expansion and multiple integrations may lead to operational complexities and potential service disruptions.

What makes Truist unique

  • Altruist offers a simplified tech stack specifically designed for RIAs, unlike broader financial platforms that cater to multiple financial service providers.
  • Their commission-free fractional share trading and automated rebalancer features provide cost-effective solutions that are not commonly bundled together in competing platforms.
  • The vertically-integrated custodian service allows Altruist to streamline operations and reduce overhead costs for RIAs, setting it apart from traditional custodial services.

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