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Full-Time

Decision Scientist II

Visual Basic Required with either SAS, Sql, Or R

Posted on 9/10/2024

Truist

Truist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Fintech
Financial Services

Mid, Senior

Orlando, FL, USA + 3 more

More locations: Raleigh, NC, USA | Winston-Salem, NC, USA | Charlotte, NC, USA

Category
Data Science
Data Analysis
Data & Analytics
Required Skills
Python
Data Science
R
SQL
Tableau
Oracle
Data Analysis
PowerPoint/Keynote/Slides
Requirements
  • The incumbent must demonstrate a combination of academic aptitude, quantitative skills, business acumen, working knowledge of transaction processing application software, application processing systems, and collection inventory systems, strategic and creative thinking, and excellent written and verbal communications skills
  • Bachelor’s degree or equivalent education and 3+ years of experience in Banking, Finance, Decision/Data Science, Analytics, Computer Science, Applied Mathematics or Engineering
  • Must be able to perform in a cross-functional and collaborative team environment focused on supporting business partners with enhanced insights
  • Innovative and strategic thinker with ability to connect to practical application, providing recommendations on target initiatives, with a strong bias to action and focus on quantifiable business impact
  • Experience in delivering insights against tight deadlines in a collaborative environment to drive maximum impact
  • Ability to maintain a high level of competency in statistical and analytical principles, tools, and techniques
  • Incumbent should have an understanding of various database environments (IBM DB2, Oracle), technical programming skills (SAS, SQL, Toad), exposure to applied data science tools (R, Python, SAS E-Miner), familiarity with data visualization and BI tools (Tableau, MicroStrategy), and demonstrated proficiency in Microsoft Office Suite (Excel, PowerPoint, Word)
Responsibilities
  • As a Decision Scientist, focus on high impact, visible analyses and initiatives across multiple business models, covering banking channels, segments, and products.
  • Partner on target initiatives as assigned; work independently and with internal teammates to drive decision science projects leveraging quantitative analysis techniques, including machine learning, in pursuit of business optimization and impact.
  • Pursue business outcomes valued through increased revenue and/or efficiency leveraging data-driven insights powered by analytics in support of enhanced decision-making. Focus on continuous improvement in decision science delivery and outcomes in pursuit of business optimization.
  • Explore and apply tools to solve business challenges and deliver solutions that are timely, accurate, and repeatable.
  • Exercise sound judgment, risk management, and foster a client centric culture throughout design, development, and deployment practices.
  • Foster communication and partnership across multiple levels of the organization including engagement with LOB contributors and junior-level managers.

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 a lower cost. Unlike competitors, Truist provides these services for free, monetizing through a custodian service that helps RIAs reduce overhead costs. 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

5%

1 year growth

19%

2 year growth

46%
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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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