Full-Time

Product Manager

New Accounts

Posted on 11/19/2024

Robinhood

Robinhood

1,001-5,000 employees

Commission-free trading platform for investments

Fintech
Financial Services

Compensation Overview

$110k - $165kAnnually

+ Bonus + Equity Plan

Senior

Menlo Park, CA, USA + 1 more

More locations: New York, NY, USA

Preferred locations are in or around Robinhood's offices in Menlo Park, CA or New York, NY.

Category
Product Management
Product
Required Skills
Data Science
Product Management
Requirements
  • 5+ years experience building and shipping high-quality, consumer product experiences
  • Experience defining and launching large 0-1 products in the consumer or consumer-facing fintech space.
  • Strong leadership, communication and relationship management skills.
  • Experience with using research, experimentation, and product analytics to guide decision making.
Responsibilities
  • Lead a team of engineers, designers, researchers, data scientists and marketers to better understand our customers and their most pressing needs.
  • Establish & execute on a product vision and strategy for the team and growing the Retirement & long-term investing business.
  • Foster a culture of ambition, learning and iteration through experimentation and thinking big.
  • Work with cross functional stakeholders such as legal, compliance, operations, finance, and more to ensure products are built the right way
  • Deliver products on time with an extremely high quality bar
  • Launch delightful and trendsetting consumer experiences

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 with smaller amounts of money. Unlike traditional brokerage firms, Robinhood generates revenue through a premium subscription service and interest on uninvested cash, while also providing access to IPOs for individual investors. The company's goal is to democratize finance and empower a diverse range of investors.

Company Stage

IPO

Total Funding

$5.4B

Headquarters

Menlo Park, California

Founded

2013

Growth & Insights
Headcount

6 month growth

3%

1 year growth

14%

2 year growth

7%
Simplify Jobs

Simplify's Take

What believers are saying

  • Expansion into Asia with a Singapore base offers significant growth potential by 2025.
  • Rising interest in fractional shares among young investors boosts Robinhood's user base.
  • Partnership with Howard University enhances brand reputation and community engagement.

What critics are saying

  • Increased competition from local fintech firms may challenge Robinhood's Asian expansion.
  • Decline in FinTech IPO Index could affect Robinhood's market valuation and investor confidence.
  • Listing of volatile meme coins may expose Robinhood to regulatory scrutiny and market risks.

What makes Robinhood unique

  • Robinhood offers commission-free trading, attracting cost-conscious investors.
  • The platform provides fractional shares, enabling investment in high-value stocks with minimal capital.
  • Robinhood's IPO access feature allows retail investors early entry into public offerings.

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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