Full-Time

Finance & Strategy Senior Analyst

Posted on 11/20/2024

Robinhood

Robinhood

1,001-5,000 employees

Commission-free trading platform for investments

Fintech
Financial Services

Compensation Overview

$86k - $130kAnnually

+ Bonus Plan + Equity Plan

Senior

Washington, DC, USA + 4 more

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

Remote work is only eligible in limited geographies within the US where there are no physical office locations.

Category
Corporate Finance
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Data Analysis
Requirements
  • B.A. in Economics, Mathematics, Computer Science, or a related field
  • 5+ years professional work experience in finance with progressively increasing levels of responsibility and including 2+ year(s) supporting business partners
  • High proficiency in Excel and Google Suite
  • Excellent analytical financial modeling, forecasting skills
  • Superb product and business sense, and concise communication skills
  • A strong sense of urgency, speed and high standards and a strong work ethic - you always bring your best and expect your colleagues to do the same
  • Experience in fintech products is a plus but is not required
Responsibilities
  • Prepare and update financial reporting and forecasts, and partner closely with business partners to research and communicate performance vs. budgets/forecasts
  • Partner with the accounting team to ensure P&L accuracy. Continuously work towards improving and streamlining cost center management to enhance the overall budget management process for the Money team.
  • Synthesize and distill key financial business insights for leadership - analyze results, identify key metrics, assess risk and communicate risks & opportunities.
  • Perform ad-hoc analyses and synthesizing data to support business partner inquiries, aiding in managerial decision-making for product strategies.
  • Partner with the Money leads and find efficiency opportunities and appropriate metrics to track business performance and additional sources of cost savings
  • Execute on business case modeling and ad-hoc projects to ensure a high level of data fidelity to support forecasting (working closely with all cross-functional business partners)
  • Be a thought leader to improve and simplify processes, drive standardization, and build scalable solutions to support the next wave of Robinhood’s growth
  • Deliver products on time with an extremely high quality bar

Robinhood offers a platform for trading stocks, options, ETFs, and cryptocurrencies, aiming to make investing accessible and affordable for everyone. The platform features commission-free trading and allows users to buy fractional shares, making it easier for individuals to invest in high-priced stocks. Unlike traditional brokerage firms, Robinhood generates revenue through a premium subscription service, interest on uninvested cash, and rebates from trading venues. The company's goal is to democratize finance and empower a diverse range of investors, especially younger individuals.

Company Stage

IPO

Total Funding

$5.4B

Headquarters

Menlo Park, California

Founded

2013

Growth & Insights
Headcount

6 month growth

4%

1 year growth

7%

2 year growth

6%
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