Treasury Operations Specialist, Robinhood
$78-105k
Salary dependent on location + Equity + Bonus
3 days a week in office
Commission-free stock trading & investing app
Be an early applicant
Commission-free stock trading & investing app
1001+ employees
Be an early applicant
$78-105k
Salary dependent on location + Equity + Bonus
3 days a week in office
1001+ employees
Company mission
To democratize finance for all.
Role
Who you are
- Bachelor’s degree in finance, accounting, business, economics, or a related field
- Active FINRA Series 7 and 99 Licenses with an ability to quickly put your brokerage knowledge into action
- 3+ years of experience in brokerage operations or treasury operations with a focus on cash management, reconciliations, and back-office controls in a broker-dealer or clearing environment
- Experience leading or driving projects to automate or improve reconciliation, settlement, or cash-control processes (for example, new rec workflows, exception queues, or reporting)
- Proven ability to operate in a fast-paced, highly regulated environment while maintaining accuracy, sound judgment, and strong attention to detail
- Strong problem-solving skills with a bias toward ownership and action when issues span multiple systems or teams
- Experience with data analysis (Excel, SQL, AI)
- Prior experience at a broker-dealer, clearing firm, or securities operations team supporting customer cash and securities with applicable securities licenses
- Strong Robinhood product knowledge and curiosity about how our brokerage model and money movements work
What the job involves
- The Treasury Operations team safeguards customer and firm cash for Robinhood Securities by owning daily bank and clearing account reconciliations, sweep and settlement processes, and core cash controls required under the regulatory framework
- We reconcile balances and activity between internal ledgers, external banks, clearing agencies, and sweep vendors, ensuring every dollar is accounted for and exceptions are identified, escalated, and resolved in a timely manner
- As a Treasury Operations Specialist, you’ll own detailed reconciliation and settlement workflows for our brokerage entities, support regulatory obligations (such as suspense monitoring and reserve‑related cash movements), and partner cross‑functionally to strengthen controls as our products and volumes grow
- Own reconciliation frameworks across Robinhood Securities bank, clearing, and sweep accounts by comparing internal ledgers to external bank, clearing, and vendor data, investigating and resolving breaks, and escalating unreconciled items as needed
- Lead daily brokerage cash settlements (for example NSCC/DTC, ACH, Debit Card and other treasury movements) and ensure funding is accurate, timely, and appropriately documented
- Manage risk for back‑office activities by maintaining strong controls over customer and firm cash, suspense accounts, and exception handling, in line with internal policies and WSPs
- Develop and refine processes to increase the efficiency and scalability of brokerage treasury operations, reducing manual touch points while improving control quality
- Act as a subject matter expert on brokerage cash management and reconciliation processes, clearly communicating impacts and risks to partners in Compliance, Corporate Accounting, Engineering, Product, CX, and other operations teams
- Partner with project and operations teams to launch, improve, and scale Robinhood products and systems that touch brokerage cash flows, ensuring treasury requirements are designed, tested, and documented up front
- Help craft, document, and implement processes, internal controls, metrics, and reporting (including playbooks, SOPs, and reconciliation evidence) that demonstrate strong governance and operational excellence across brokerage treasury
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. Since then, expectations have continued to evolve, with investors looking not just to lower costs, but for simpler tools, clearer information, and guidance that makes the market easier to understand.
Robinhood was built to meet those changing expectations, designed from the start as a mobile-first platform that makes investor more accessible and less intimidating for people at every stage of their financial journey. Through its app, users can trade stocks and other financial instruments while benefiting from a clean interface and built-in educational support, helping them move from curiosity to confidence without unnecessary complexity.
Recently, Robinhood has strenghtned its impact too, particularly in the UK. With the launch of AI-powered Digests within its Robinhood Cortex assistant that helps users understand what's driving stock movements in plain English, while upcoming options trading and expanded educational resources add flexibility and depth. Together, these steps position Robinhood as a platform evolving alongside its users, blending technology and education to stay ahead in an ever-changing investment landscape.
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 HQ
Downtown Menlo Park, Menlo Park, CA
Leadership
Vlad Tenev
(Co-Founder, CEO & Chairman)Studied Mathematics at Stanford University, where they met Baiju. Dropped out of a PhD to start Robinhood. Alongside Robinhood, Vlad is also the co-founder and Executive Chairman of Harmonic.
Baiju B.
(Co-Founder)Studied Mathematics and Physics at Stanford University, where they met their Vlad and co-founded Robinhood in 2012. Baiju is also the Founder and CEO of Aetherflux.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
Submit your salary to help other candidates with crowdsourced salary estimates.
Share this job
View 78 more jobs at Robinhood