Full-Time

Software Developer

Experimentation

Posted on 8/12/2024

Robinhood

Robinhood

1,001-5,000 employees

Commission-free trading platform for investments

Fintech
Financial Services

Compensation Overview

CA$119k - CA$140kAnnually

+ Bonus Plan + Equity Plan

Mid

Toronto, ON, Canada

Category
Backend Engineering
Full-Stack Engineering
Software Engineering
Required Skills
Kubernetes
Airflow
Apache Kafka
Postgres
AWS
Requirements
  • 3+ years of software engineering experience.
  • Experience and knowledge on building large scale distributed systems & infrastructure.
  • Experience working with Bazel, Kubernetes, AWS, Kafka, Postgres, Airflow and Presto.
  • Bonus Points: Experience working with data scientists and translating sophisticated data science models into production-level code.
  • Bonus Points: Experience with A/B testing, hypothesis testing, and statistical analysis.
Responsibilities
  • Build and own core features of some of Robinhood's most heavily trafficked services!
  • Craft large scale systems within a team, making the right tradeoffs for risk and long-term maintainability
  • Work with multi-functional teams to understand their needs and build systems that help us reach company wide goals to improve bottom line metrics such as revenue, customer satisfaction and operational efficiency
  • Be a champion for engineering excellence, improve operational efficiency of the team and drive these initiatives across the organization

Robinhood provides a platform for trading various financial instruments, including stocks, options, ETFs, and cryptocurrencies, with the goal of making investing accessible and affordable for everyone. Users can trade without paying traditional brokerage fees, which allows a wider audience, especially younger investors, to participate in the market. The platform also offers fractional shares, enabling users to invest in high-priced stocks with minimal amounts of money. Robinhood generates revenue through a premium subscription service called Robinhood Gold, which includes features like margin trading and professional research access, as well as from interest on uninvested cash and rebates from trading venues. Additionally, Robinhood allows users to access IPOs, a feature usually available only to institutional investors, further democratizing investment opportunities. The company's goal is to create a more inclusive investment environment.

Company Stage

IPO

Total Funding

$5.4B

Headquarters

Menlo Park, California

Founded

2013

Growth & Insights
Headcount

6 month growth

3%

1 year growth

15%

2 year growth

8%
Simplify Jobs

Simplify's Take

What believers are saying

  • Robinhood's expansion into Asia could significantly increase its user base and revenue.
  • The introduction of IRAs with matching could attract more long-term investors to the platform.
  • Recent profitability and innovative products have led to a 180% stock price increase.

What critics are saying

  • Increased competition from fintech startups like One could challenge Robinhood's market share.
  • Expansion into Asia may face regulatory challenges and competition from local players.
  • Offering IRAs with matching may strain Robinhood's financial resources if not managed properly.

What makes Robinhood unique

  • Robinhood offers commission-free trading, making investing accessible to a broader audience.
  • The platform provides fractional shares, allowing investments in expensive stocks with minimal funds.
  • Robinhood democratizes IPO access, enabling users to buy shares before public trading.

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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