Full-Time

Operations Associate

Posted on 9/24/2024

Robinhood

Robinhood

1,001-5,000 employees

Commission-free trading platform for investments

Fintech
Financial Services

Compensation Overview

$66k - $100kAnnually

+ Bonus + Equity Plan

Entry, Junior

Westlake, TX, USA + 2 more

More locations: Lake Mary, FL, USA | Denver, CO, USA

In-office working environment at listed locations.

Category
Quality Control & Compliance
Supply Chain Management
Operations & Logistics
Required Skills
Sales
Communications
SQL
Looker
Requirements
  • You have a familiarity with operations or client services
  • You have strong interpersonal and communication skills
  • You are a doer who prides yourself on attention to detail, consistency, reliability, and constant improvement.
  • You make important decisions independently, but also know when to collaborate with managers and colleagues in a team environment.
  • You have an entrepreneurial spirit and are knowledgeable and hungry to learn more about financial technology, capital markets, and brokerage operations.
  • You have 1+ years of experience in back office operations within financial services or technology
  • You are familiar with Proxy Services or Corporate Actions
  • You are resourceful and adaptive in fast-paced, entrepreneurial environments
  • You have strong critical thinking & creative problem solving skills
  • You possess strong written and oral communication skills and the ability to communicate with clients and third parties in a professional, consistent manner
  • You have experience with business intelligence and reporting tools like Looker, SQL etc.
Responsibilities
  • Day-to-day management of investor communication product inputs, including proxy voting, prospectus delivery, corporate actions, and more
  • Analyzing complex legal and financial documents and translating them into meaningful insights in an organized manner
  • Utilizing and improving monitoring tools and reports to track performance and quality metrics to inform process improvements
  • Ensuring ongoing compliance with rules and regulations applicable to Robinhood's operations
  • Working with outside parties in an accurate, timely, and professional manner
  • Collaborating with team members from product, engineering, sales, and finance to improve operating processes and product development as Robinhood continues to increase efficiency across the investor communications ecosystem

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