Market Data Specialist @ Robinhood

Join a leading fintech company that’s democratizing finance for all.

Robinhood Markets was founded on a simple idea: that our financial markets should be accessible to all. With customers at the heart of our decisions, Robinhood and its subsidiaries and affiliates are lowering barriers and providing greater access to financial information. Together, we are building products and services that help create a financial system everyone can participate in.

With growth as the top priority...

The business is seeking curious, growth-minded thinkers to help shape our vision, structures and systems; playing a key-role as we launch into our ambitious future. If you’re invigorated by our mission, values, and drive to change the world — we’d love to have you apply.

About the team + role

The Market Operations team at Robinhood is responsible for traditional middle office brokerage operations. Our mission is to deliver an excellent end-customer experience and mitigate firm risk while supporting cutting-edge brokerage and financial products. We’re looking for a motivated self-starter with an ownership mentality to join our team. As a Market Data Specialist, you’ll be responsible for managing market data feeds from exchanges and vendors, ensuring we’re in compliance with data governance policies, data usage, and reporting standards, troubleshooting market data issues, and creating processes to proactively identify those issues. You’ll work with our product, compliance, and engineering teams to prioritize enhancements, support strategic initiatives, and perform business analysis. This role will be critical to identifying, consulting, and building the infrastructure to gather and display quality market data on Robinhood.

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.

Project manage sourcing new products/providers for cross-functional teams
Manage the program to identify professional and non-professional traders
Responsible for oversight of quote counting and reporting
Drive down costs in partnership with the Growth Partnership / Procurement Teams
Monitor data provider activity, assess impact to firm, and engage cross-functional partners as appropriate
Ensure Standard Operating Procedures and/or Written Supervisory Procedures are up to date and followed
Maintain customer-facing terms & conditions for data vendor
Oversee and analyze vendor feed and system changes
Serve as an escalation point for business partners
Research and resolve market data issues arising in various operating environments and create processes to proactively identify and resolve
Carry out regular testing for quote counting and display
Engage 3rd parties to improve our data quality and data cost strategy
Analyze market data processes and collaborate with engineering teams on improvements
Partner with CX to build on building out internal education on market data, effective client communications, and efficient issue resolution procedures

What you bring

5+ years of experience in financial services, 2+years of experience in a market data role
Proficient in SQL or Python
Proven ability to multitask - navigating from strategic to tactical assignments with limited supervision
Strategic mindset to help drive product management decisions, governance, and long term vision
Knowledge of major exchanges and market data providers
Strong analytical and technical skills
Proven ability to identify and mitigate risks proactively
Bias for action and ability to thrive in ambiguity
Strong communication and collaboration skills

What we offer

Market competitive and pay equity-focused compensation structure
100% paid health insurance for employees with 90% coverage for dependents
Annual lifestyle wallet for personal wellness, learning and development, and more!
Lifetime maximum benefit for family forming and fertility benefits
Dedicated mental health support for employees and eligible dependents
Generous time away including company holidays, paid time off, sick time, parental leave, and more!
Lively office environment with catered meals, fully stocked kitchens, and geo-specific commuter benefits

Base pay for the successful applicant will depend on a variety of job-related factors, which may include education, training, experience, location, business needs, or market demands. The expected salary range for this role is based on the location where the work will be performed and is aligned to one of 3 compensation zones. This role is also eligible to participate in a Robinhood bonus plan and Robinhood’s equity plan. For other locations not listed, compensation can be discussed with your recruiter during the interview process.

Zone 1 (Menlo Park, CA; New York, NY; Bellevue, WA; Washington, DC)

$102,000—$120,000 USD

Zone 2 (Denver, CO; Westlake, TX; Chicago, IL)

$90,000—$106,000 USD

Zone 3 (Lake Mary, FL)

$80,000—$94,000 USD

Click here to learn more about available Benefits, which vary by region and Robinhood entity.

We’re looking for more growth-minded and collaborative people to be a part of our journey in democratizing finance for all. If you’re ready to give 100% in helping us achieve our mission—we’d love to have you apply even if you feel unsure about whether you meet every single requirement in this posting. At Robinhood, we’re looking for people invigorated by our mission, values, and drive to change the world, not just those who simply check off all the boxes.

Robinhood embraces a diversity of backgrounds and experiences and provides equal opportunity for all applicants and employees. We are dedicated to building a company that represents a variety of backgrounds, perspectives, and skills. We believe that the more inclusive we are, the better our work (and work environment) will be for everyone. Additionally, Robinhood provides reasonable accommodations for candidates on request and respects applicants’ privacy rights. Please review the specific Robinhood Privacy Policy applicable to the country where you are applying.

Compensation Overview

Join a leading fintech company that’s democratizing finance for all.

About the team + role

What you bring

What we offer

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