Lead, Operational Risk - Oversight & Controls

About Altruist

Altruist is transforming the multi-trillion dollar wealth management industry by building an AI platform for wealth professionals. We partner with financial advisors nationwide, empowering them to grow, optimize time and resources, and deliver superior outcomes for their clients.

We're looking for exceptional talent to help us achieve our mission of making financial advice better, more affordable, and accessible to all. If you're passionate about challenging the status quo and want to do the most important work of your life, we'd love to meet you!

But first, our values

Kindness - Kindness doesn’t just equal niceness. We listen to understand. We embrace, and encourage healthy debate and diverse perspectives. We approach conflict openly, honestly, and respectfully.

Brilliance - Humility is the skill we’re most proud of and possessing a growth mindset is always top of mind. We take ownership in everything we touch; regularly using our unique superpowers to reach a common goal as a team. We succeed and fail as one.

Grit - When challenges arise, we stay laser focused on achieving our mission and finding a way forward, even when it’s hard. We are nimble and maintain a sense of urgency, swiftly adapting to change and overcoming obstacles.

The opportunity

Altruist is in a significant growth phase and is hiring a Lead, Operational Risk – Oversight & Controls to strengthen the firm’s second-line oversight framework.

This role provides licensed supervisory depth within the Operational Risk Oversight & Controls (OROC) function. You will partner closely with the Associate Director, Operational Risk, to oversee clearing, custody, client communications, regulatory reporting, and vendor-dependent workflows. As a Series 24 principal, you will execute and document formal supervisory reviews, validate control effectiveness, and ensure the firm meets its regulatory, client-asset protection, and reporting obligations.

This is a hands-on supervisory role requiring strong principal judgment, documentation discipline, and independent challenge. You will serve as a key escalation point and maintain audit-ready supervisory evidence supporting BDO audits and regulatory examinations.

Your impact

• Lead and document formal supervisory reviews across clearing, custody, regulatory reporting, and vendor workflows
• Execute principal-level oversight of statements, confirms, tax reporting, corporate actions, transfers, DRIP, and cash management processes
• Support independent oversight of CAT, CAIS, Large Trader Reporting, and related suspense and exception governance
• Translate cross-functional system, product, and vendor changes into sustainable supervisory controls and documented review standards
• Enhance and execute daily and periodic supervisory checklists and reconciliations across clearing and custody operations
• Monitor, escalate, and coordinate remediation of reporting, disclosure, and vendor control issues
• Partner with Product, Engineering, Operations, and Compliance to ensure structural regulatory data integrity
• Maintain defensible documentation and supervisory review trails to support BDO audits and regulatory examinations

What you bring

• Experience
  • 5+ years in broker-dealer supervision, operational risk, clearing, custody, or regulatory reporting environments
  • Demonstrated experience performing licensed supervisory reviews with strong evidence standards
  • Strong working knowledge of clearing and custody workflows including audits, statements, trade confirms, tax forms, ACATs, corporate actions, DRIP, cash management, and regulatory reporting frameworks
• Securities Licenses - Active FINRA Series 7 and Series 24 required (or ability to obtain within 90 days).
• Technical aptitude
  • Strong proficiency in Google Sheets and Excel
  • Comfort working in systems such as JIRA, Slack, FIS, Mediant, BetaNXT/Maxit, Sovos, Sterling Risk, FINRA CAT, Retool, Tableau, SS&C, proxy and voting platforms, or similar
• Ownership - The pride you put into every aspect of your work is unparalleled and undeniable
• Superb communication - You engage in intentional dialogue, listen actively, and share perspectives thoughtfully, with the ability to influence and build trust across compliance, operations, product, and engineering teams.
• Resilience - We’re inspired by your unwavering determination to achieve success, no matter the adversity you face along