Full-Time

Finance & Strategy Analyst

Posted on 11/20/2024

Robinhood

Robinhood

1,001-5,000 employees

Commission-free trading platform for investments

Fintech
Financial Services

Compensation Overview

$60k - $90kAnnually

+ Bonus + Equity Plan

Entry

Menlo Park, CA, USA + 2 more

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

Requires in-office presence at Bellevue, WA; Menlo Park, CA; or New York, NY.

Category
Project Management
Strategy Development
Business & Strategy
Required Skills
SQL
Financial analysis
Oracle
Looker
Data Analysis
Excel/Numbers/Sheets
Requirements
  • A Bachelor’s Degree in a relevant field of study
  • 1-3+ years of experience in financial planning & analysis roles (corporate or business-facing), or industry experience in investment banking, private equity, equity research, or strategic finance is preferred
  • Capability to work horizontally and vertically in an organization with peers as well as senior leaders
  • Strong verbal and written communication skills, logical reasoning, and the presentation of potential solutions
  • Strong project management skills and ability to independently and operate in a fast-paced dynamic environment
  • Excellent analytical financial modeling, forecasting skills, and the business judgment to balance the details while not losing sight of the big picture
  • A positive attitude! You have a desire to work hard, be creative, stay curious, and maintain a can-do approach
  • Familiarity with analytical tools (SQL, Looker) and financial reporting software (Oracle, Anaplan)
  • Excellent proficiency in Excel/Google Sheets, and interest in developing sophisticated querying / modeling skills
Responsibilities
  • Synthesize and distill key financial business insights for leadership - analyze results, identify key metrics, assess risk and communicate risks & opportunities
  • Engage with engineering, product and ops teams to drive the strategic and financial planning processes (e.g., monthly business reviews, forecasts, annual budget, and long range plans), and prepare financial models and analysis to influence decisions
  • Prepare and update financial forecasts, and partner closely with business partners and team members to communicate performance vs. budgets /forecasts and ideating action items
  • Partner with leaders to find efficiency opportunities and appropriate metrics to track business performance and additional sources of cost savings
  • Collaborate with cross-functional People teams such as accounting, recruiting and workforce planning
  • Lead updating key financial slides and metrics weekly, monthly and quarterly
  • Work on 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

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