Simplify Logo

Full-Time

Product Manager

Gold

Confirmed live in the last 24 hours

Robinhood

Robinhood

1,001-5,000 employees

Commission-free trading platform for investments

Fintech
Financial Services

Compensation Overview

$129k - $195kAnnually

+ Bonus + Equity Plan

Mid

Menlo Park, CA, USA + 1 more

More locations: New York, NY, USA

In-office working environment at Menlo Park, CA and New York, NY.

Category
Product Management
Product
Required Skills
Data Science
Data Analysis
Requirements
  • Bachelor’s or Master's Degree
  • 4+ years of direct product management experience building high-quality consumer-facing products
  • Familiarity using research, experimentation and product analytics to guide decision making
  • Ability to focus on a problem at hand while thoughtfully considering overarching company strategy
  • Motivation to be a self-starter
Responsibilities
  • Work with research, data science, and design to better understand our customers and their needs out of a premium product
  • Establish a product vision and shared set of priorities across the team and the company, which meet the most important needs of our customers and the business
  • Develop deep expertise on the economics of our subscription product and use that to guide the team’s roadmap and strategy
  • Work across the different product teams to create great Gold experiences throughout the app
  • Ensure products are delivered on time with an extremely high bar for quality of experience

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

7%

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.

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