Full-Time

Product Manager

Crypto, Zero to One

Posted on 7/10/2024

Robinhood

Robinhood

1,001-5,000 employees

Commission-free trading platform for investments

Fintech
Financial Services

Compensation Overview

$129k - $195kAnnually

+ Bonus + Equity Plan

Mid

Menlo Park, CA, USA + 1 more

More locations: New York, NY, USA

Role requires in-office presence in Menlo Park, CA and New York, NY.

Category
Product Management
Product
Required Skills
Communications
Data Science
Marketing
Data Analysis
Requirements
  • Bachelor’s or Master's Degree.
  • 4+ years of experience building and shipping high-quality consumer products with at least 1 year of experience shipping zero to one products.
  • Familiarity using research, experimentation and product analytics to guide decision making.
  • Ability to focus on a problem at hand while thoughtfully considering overarching company strategy.
  • Passion for financial products, crypto, and improving people’s financial lives.
  • Motivation to be a self-starter.
Responsibilities
  • Craft the initial launch of this new zero-to-one product.
  • Working with research, data science, engineering and design to better understand our newest customers and their most pressing needs around our crypto investing product.
  • Establishing a product vision and shared set of priorities across the team and the company, which meet the most important needs of our customers.
  • Working with communications, content and marketing teams to launch products that are easy to understand and use.

Robinhood offers a platform for trading stocks, options, ETFs, and cryptocurrencies, aiming to make investing accessible and affordable for everyone. Users can trade without paying traditional brokerage fees and can invest in fractional shares, allowing them to buy portions of expensive stocks. Unlike its competitors, Robinhood provides unique features like IPO access and a premium subscription service called Robinhood Gold for advanced trading. The company's goal is to democratize finance and empower individuals to take control of their investments.

Company Stage

IPO

Total Funding

$5.4B

Headquarters

Menlo Park, California

Founded

2013

Growth & Insights
Headcount

6 month growth

0%

1 year growth

1%

2 year growth

-1%
Simplify Jobs

Simplify's Take

What believers are saying

  • Robinhood's UK platform launch in 2024 marks a significant step towards global expansion.
  • The introduction of Tax Lots aids users in managing tax liabilities, enhancing user satisfaction.
  • Robinhood's IRA offering with a match could attract long-term investors and increase subscriptions.

What critics are saying

  • Increased competition in commission-free trading could erode Robinhood's market share.
  • Regulatory scrutiny over payment for order flow may impact Robinhood's profitability.
  • Volatility in cryptocurrency markets poses a risk to Robinhood's crypto trading revenue.

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 capital.
  • Robinhood's IPO access feature democratizes early investment opportunities traditionally reserved for institutions.

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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