Full-Time

Staff Data Scientist

Brokerage

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

$169k - $255kAnnually

+ Bonus + Equity Plan

Senior, Expert

Chicago, IL, USA + 2 more

More locations: Menlo Park, CA, USA | New York, NY, USA

Role requires in-office presence in Menlo Park, Chicago, or New York.

Category
Data Science
Data & Analytics
Required Skills
Python
Data Science
R
SQL
Requirements
  • PhD in a quantitative field such as Mathematics, Statistics, or Engineering with 5+ years of relevant work experience, or a Master’s degree with 7+ years of relevant work experience.
  • Proven experience applying game theory, market microstructure analysis, or auction theory in a practical setting.
  • Proficiency in data analysis tools and programming languages such as Python, R, SQL, and machine learning frameworks.
  • Proficient knowledge of FINRA best execution rules and their application in the market.
  • Experience with financial data platforms and market data APIs.
  • Strong grasp of statistical methods, predictive modeling, and optimization algorithms.
Responsibilities
  • Develop, refine, and implement sophisticated data models to analyze large datasets, with a focus on market structure and order routing optimization.
  • Apply concepts from game theory and auction design to understand competitive behavior, pricing dynamics, and strategic decision-making in the markets.
  • Collaborate with trading teams to design, test, and improve algorithms that optimize trade execution.
  • Conduct post-trade analysis to evaluate performance against internal and industry benchmarks, resulting in recommendations for improvements.
  • Partner with traders, strategists, and software engineers to translate business needs into data-driven solutions and present insights to stakeholders.

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 premium subscriptions and interest on uninvested cash, while also providing access to IPOs for retail investors. The company's goal is to democratize investing and empower a broader audience to participate in the financial markets.

Company Stage

IPO

Total Funding

$5.4B

Headquarters

Menlo Park, California

Founded

2013

Growth & Insights
Headcount

6 month growth

4%

1 year growth

15%

2 year growth

8%
Simplify Jobs

Simplify's Take

What believers are saying

  • Robinhood's expansion into Asia in 2025 could significantly increase its user base.
  • The introduction of IRAs with matching could attract long-term investors seeking retirement options.
  • Christopher Payne's appointment to the board may bring strategic insights and leadership experience.

What critics are saying

  • Expansion into Asia may expose Robinhood to new regulatory challenges and market dynamics.
  • Increased competition from fintech startups like One could challenge Robinhood's market share.
  • The introduction of IRAs with matching may strain Robinhood's financial resources if mismanaged.

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'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