Director of Capital Markets, Robinhood
$242-285k
Plus pay equity-focused compensation structure
Commission-free stock trading platform
Be an early applicant
Commission-free stock trading platform
1001+ employees
Be an early applicant
$242-285k
Plus pay equity-focused compensation structure
1001+ employees
Company mission
To democratize finance for all.
Role
Who you are
- 10+ years of experience in capital markets, corporate finance, or a related field, with a consistent track record of establishing diversified funding sources for credit card portfolios
- Deep knowledge of financial markets, debt and equity instruments, and risk management practices
- Experience in fintech, banking, or other regulated industries (preferred)
- Strong analytical and critical thinking skills to assess market trends and drive data-informed decisions
- Outstanding communication, negotiation, and presentation skills, with the ability to influence key stakeholders
- Demonstrated success in building and maintaining relationships with institutional investors and financial institutions
- Bachelor’s degree in Finance, Economics, or a related field (MBA or CFA designation preferred)
- Familiarity with regulatory requirements governing capital markets, including SEC, FINRA, and other applicable standards
What the job involves
- The Capital Markets team plays a critical role in supporting this vision by ensuring the company has the financial resources and market access needed to grow, innovate, and manage risk
- As the Director of Capital Markets, you will lead our efforts to access, manage, and optimize funding channels for our credit products while building and maintaining positive relationships with investors, financial institutions, and market participants
- Reporting to our Corporate Treasurer, you will work cross-functionally with teams such as Treasury, Finance, Credit, Engineering, Legal, and Compliance to drive critical initiatives that support the growth of Robinhood Credit products
- Lead capital market efforts to support growth of Robinhood’s credit card business, including structuring, negotiating and executing on warehouse lending facilities, establishing forward flow arrangements, and enabling the capabilities for securitization issuance program
- Cultivate relationships with investment banks, institutional investors, and other capital providers to establish diversified funding sources for credit card receivables and optimize cost of funding
- Collaborate with Treasury, Finance, Credit, Engineering and Legal to ensure seamless execution of capital market initiatives
- Establish and oversee a scalable Credit Card Operations team with the responsibility of improving daily settlement process across financing vehicles, managing customer account movement process between issuing bank and master trust facility, creating a data platform to track performance of collateral allocated to master trust facilities, covenant management, and monthly reporting
- Prepare and deliver presentations to the board and senior leadership, providing insights and recommendations on financial strategies and capital market activities that support the central initiatives of Robinhood’s Credit Card product
- Stay informed about market trends, competitor activities, and regulatory developments to proactively adapt the company’s credit card funding strategy
- Ensure all capital market activities comply with regulatory requirements, collaborating with legal and compliance teams to maintain transparency and meet reporting standards
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
Few candidates hear
back within 2 weeks
39% female employees
-23% employee growth in 12 months
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 values
- Safety First: Robinhood is a safety-first company
- Participation is Power: At Robinhood, the rich don’t get a better deal
- Radical Customer Focus: We exist to make our customers happy
- First-Principles Thinking: We make bold bets and challenge the status quo
Company HQ
Downtown Menlo Park, Menlo Park, CA
Articles
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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