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Full-Time

Head of Privacy

Posted on 3/22/2024

Robinhood

Robinhood

1,001-5,000 employees

Commission-free trading platform for investments

Fintech
Financial Services

Compensation Overview

$278k - $327kAnnually

+ Bonus + Equity Plan

Expert

Washington, DC, USA + 3 more

More locations: Menlo Park, CA, USA | New York, NY, USA | Bellevue, WA, USA

The role is located in the office location(s) listed on this job description which will align with our in-office working environment. Please connect with your recruiter for more information regarding our in-office philosophy and expectations.

Category
Legal
Risk & Compliance
Legal & Compliance
Required Skills
Communications
Requirements
  • Minimum of 15 years of experience in privacy, data protection, or a related field, with at least 5 years in a leadership role involving direct oversight of privacy and/or security engineering teams.
  • Professional certifications such as CIPP, CIPT, CIPM, or similar.
  • Familiar with global privacy laws (e.g., GDPR, CCPA), regulations, and frameworks.
  • Strong technical acumen, with a solid understanding of technical privacy control implementation and practices.
  • Proven ability to navigate complex regulatory environments and drive compliance across diverse business units.
  • Advanced degree in Information Security, Computer Science, or a related field.
  • Experience working as an appointed Data Protection Officer or in a similar role where GDPR compliance was a key responsibility.
  • Certification as a Data Protection Officer by a recognized authority (e.g., CIPP/E, GDPR DPO Certification) is highly desirable
Responsibilities
  • Strategically develop, enforce, and lead a global privacy program, collaborating with product, engineering, legal, and compliance teams to ensure robust privacy practices.
  • Spearhead the integration of privacy by design principles in product development, working hand-in-hand with engineering to implement advanced privacy features and controls.
  • Lead compliance efforts, interpreting complex privacy laws and regulations to develop policies that align with Robinhood's business practices, particularly focusing on CCPA, GDPR, and other global privacy mandates.
  • Lead the team in conducting privacy impact assessments in collaboration with product and engineering teams for new and existing services, identifying and mitigating risks while ensuring privacy compliance.
  • Champion privacy awareness across the organization, initiating training and education programs to embed privacy considerations in all business processes.
  • Direct incident response for privacy breaches in coordination with security, legal, and compliance teams, overseeing mitigation strategies and regulatory communications.
  • Keep abreast of technological advancements and regulatory changes, advising senior management on privacy trends and compliance strategies.
  • Promote a culture of privacy and data protection within Robinhood, ensuring privacy considerations are a core aspect of organizational decision-making and product innovation.
  • Escalate and provide visibility to urgent or emerging Privacy concerns to Business General Managers (GMs) and executive management.
  • Act as the point of contact for the supervisory authorities for all data protection issues, including breach reporting and coordination during investigations.

Robinhood offers a platform for trading stocks, options, ETFs, and cryptocurrencies, aiming to make investing accessible and affordable for everyone. Users can trade without paying traditional fees and can invest in fractional shares, allowing them to buy portions of expensive stocks. The company generates revenue through a premium subscription service, interest on uninvested cash, and rebates from trading venues. Robinhood's goal is to empower individuals to take control of their financial futures with a user-friendly trading experience.

Company Stage

IPO

Total Funding

$7.4B

Headquarters

Menlo Park, California

Founded

2013

Growth & Insights
Headcount

6 month growth

3%

1 year growth

6%

2 year growth

2%
Simplify Jobs

Simplify's Take

What believers are saying

  • Robinhood's expansion into new markets like Hawaii and U.S. territories indicates strong growth potential and increased user base.
  • The acquisition of Pluto and integration of AI capabilities can provide users with advanced, personalized investment insights, enhancing user experience and retention.
  • Offering IPO access democratizes investment opportunities, allowing retail investors to participate in early-stage investments traditionally reserved for institutional investors.

What critics are saying

  • The highly competitive fintech market means Robinhood must continuously innovate to maintain its edge over rivals like E*TRADE and Charles Schwab.
  • Regulatory scrutiny and changes, such as those seen in Hawaii, can impact Robinhood's operations and expansion plans.

What makes Robinhood unique

  • Robinhood's commission-free trading model disrupts traditional brokerage firms by eliminating fees, making investing accessible to a broader audience.
  • The introduction of fractional shares allows users to invest in high-value stocks with minimal capital, a feature not commonly offered by traditional brokers.
  • Robinhood's recent acquisition of Pluto enhances its platform with AI-driven personalized investment strategies, setting it apart from competitors.

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Benefits

Well-being - Premium medical, dental, and vision insurance

Family & home life - Parental leave, personal prosperity benefits

Comfort & care - Flexible work from home / office balance, health & wellness stipend

Office life - Catered meals and fully stocked kitchen, commuter benefits

Growth - Education and training, community events, career mentorships

INACTIVE