Full-Time

Head of Product

Money

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

$199k - $300kAnnually

+ Bonus + Equity Plan

Senior

Menlo Park, CA, USA + 2 more

More locations: New York, NY, USA | Bellevue, WA, USA

Role located in New York, Menlo Park, or Bellevue with in-office working environment.

Category
Product Management
Product
Required Skills
Data Science
Product Management
Marketing
Requirements
  • Bachelor’s, Master's, or equivalent experience
  • 8+ years experience in a consumer facing product management role
  • 2+ years experience managing product managers / engineers
  • Familiarity using research, experimentation and product analytics to guide decision making
  • Ability to balance strategic with creative decision making
  • A strong sense of urgency and speed
  • High standards and a strong work ethic - you always bring your best and expect your colleagues to do the same
  • Delight in bringing innovation and impact to customers, particularly in complex and dynamic environments
  • Experience in fintech products
Responsibilities
  • Partner with Engineering, Operations, Data Science, Research, Marketing and more to build the next generation of credit card experiences.
  • Develop the long term vision for the team and set the roadmap to fulfill that vision.
  • Work with cross functional stakeholders such as legal and compliance to ensure products are built the right way
  • Manage and grow a team of product managers and develop their professional skills on a day-to-day basis
  • Investing in product development processes that lead to efficient teams and great team morale.
  • Building strong, collaborative relationships across design, engineering and operations at the team and organizational levels

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