Full-Time

GCO Senior Governance & Reporting Manager II

Posted on 9/10/2024

Truist

Truist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Fintech
Financial Services

Senior

Charlotte, NC, USA

Category
Risk Management
Finance & Banking
Required Skills
Data Analysis
Requirements
  • Bachelor’s degree in Business, Finance or science/academic field, or equivalent education and related training or experience.
  • Fifteen plus years of experience in core areas of focus.
  • Experience managing key risk programs.
  • Program/project management skill set and change management.
  • Proven risk management leader in financial services or related field.
  • Deep working knowledge of rules/laws/regs/guidance for financial institutions.
  • Deep working knowledge of core risk types for financial institutions.
  • Basic understanding of core business lines and responsibilities.
  • Experience in management of key risk programs.
  • General knowledge of testing and audit process and expectations.
  • Proven leadership skills and facilitation to lead direct teams and matrixed activities.
  • Strong verbal and written communication skills.
  • Ability to think critically and creatively to problem solve and improve process to mitigate risk.
  • Experience in strategic planning to lead for the future.
  • Ability to navigate the organization, conduct discussions across all levels of the company.
  • Ability to lead through times of stress and change.
  • Strong governance and analytic abilities.
  • Ability to provide effective challenge to across levels of the organization.
  • Ability to travel, occasionally overnight.
Responsibilities
  • Drive coordination across the BU for all regulatory reporting and activities, inclusive of quarterly monitoring preparation and materials, exam preparation with materials development and meeting prep, and responding to ad hoc requests.
  • Facilitate cross functional activities with other lines of business GCO teams.
  • Liaison with Audit, Enterprise Reg Relations, Compliance and Risk Management organizations.
  • Responsible for committee management preparation inclusive of agenda, materials, prep meetings and minutes.
  • KRIs management process and reporting.
  • Coordination of RAF metrics, process, and assessment; and monitor action plans resulting from assessment.
  • Lead data analytics team to provide dashboard and ad hoc reporting.
  • Monthly risk reporting by BU sub organizations and overall risk aggregation reporting for the BU.
  • Ensure Retrospective Review process is activated as required.
  • Participate in Retrospective Review process and ensure findings are documented and action plans created to close, with appropriate reporting provided.
  • Manage Policy governance and Enterprise Change centralized coordination.
  • Special Projects for the GCO team and/or the BU.
  • Provide coaching and mentoring to support growth and development of teammates and provide a pipeline of talent to the organization.
  • Serve as backup to GCO or SR GCO.

Truist offers a platform for Registered Investment Advisors (RIAs) to improve their operations and client services. Its features include live chat support, commission-free fractional share trading, a model marketplace, and an automated rebalancer, which help RIAs manage their businesses more efficiently. Unlike competitors, Truist provides these services for free and monetizes through a vertically-integrated custodian service, aiming to reduce overhead costs for RIAs. The company's 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

2018

Growth & Insights
Headcount

6 month growth

5%

1 year growth

0%

2 year growth

0%
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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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

INACTIVE