Product Manager, Robinhood
Growth
$166-195k
+ Robinhood's bonus plan + Robinhood's equity plan
Commission-free stock trading platform
Open for applications
Commission-free stock trading platform
1001+ employees
Open for applications
$166-195k
+ Robinhood's bonus plan + Robinhood's equity plan
1001+ employees
Company mission
To democratize finance for all.
Role
Who you are
- Bachelor’s or Master's Degree
- 4+ years of direct product management experience building high-quality consumer products
- Experience in a growth product management role
- 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 and improving people’s financial lives
- Motivation to be a self-starter
What the job involves
- As a Product Manager at Robinhood, you’ll be responsible for leading teams to develop products that improve the everyday lives of our customers
- You’ll work with experts in data, design, engineering, marketing, operations and research to bring ideas to life that will help us democratize our financial system
- The Growth team is responsible for new customer acquisition and for deepening our relationship with existing customers
- As a Growth Product Manager, you’ll be responsible for helping customers start or continue their financial journey on Robinhood
- You'll be responsible for the growth and expansion of Robinhood products by developing innovative approaches to acquire and retain customers, and help customers discover and engage with our products
- Alongside partners in marketing, engineering, data science, and design, you'll identify growth opportunities, develop product initiatives, and implement data-driven experiments to own and drive key growth metrics
- You'll craft a product vision for how customers can find Robinhood, discover the value, and take an active role in their financial lives
- Lead a product growth team across engineering, data science, design and research focused on helping people discover and engage with Robinhood products
- Establish a product vision and shared set of priorities across the team and the company to drive growth and engagement in our customer base
- Deliver delightful and relevant consumer experiences that help customers discover new products and get the most out of Robinhood
- Work cross-functionally to ship high-impact features
Our take
For years, traditional brokers ruled the share trading realm, charging hefty fees that locked out everyday investors. Robinhood emerged as a disruptor, offering commission-free trading and opening the door to a new generation. Its innovative model thrives on premium features like increased buying power and extended trading hours, attracting a younger audience drawn to meme stocks like AMC and GameStop.
But Robinhood's not just about quick thrills. The company claims its mission lies in catering to "the unmet needs of the next generation," evidenced by its "Robinhood Retirement" launch, targeting gig-economy workers often excluded from financial planning. This commitment to accessibility aligns with its core values.
However, 2023 brought unexpected turbulence, as Robinhood became entangled in the FTX cryptocurrency exchange bankruptcy scandal when it emerged that the US Department of Justice seized hundreds of millions of dollars of the company's shares tied to FTX founder Bankman-Fried. Despite these challenges, Robinhood successfully bought back the missing stock, and its impact on democratizing finance remains undeniable.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 13 rounds)
Feb 2021
$2.4bn
CONVERTIBLE
Jan 2021
$1bn
LATE VC
Total funding: $5.6bn
Company benefits
- Well-being - Premium medical, dental, and vision insurance
- Family & home life - Parental leave, personal prosperity benefits
- Comfort & care - Annual lifestyle stipend
- Office life - Catered meals and fully stocked kitchen, commuter benefits
- Growth - Education and training, community events, career mentorships
Company HQ
Downtown Menlo Park, Menlo Park, CA
Leadership
Vlad Tenev
(Co-Founder)Studied Mathematics at Stanford University, where they met their fellow co-founder. Dropped out of a PhD to start Robinhood.
Baiju B.
(Co-Founder)Studied Mathematics and Physics at Stanford University, where they met their fellow co-founder.
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