Finance & Strategy Manager, Robinhood
Credit Card
$97-130k
Salary dependent on location. + Eligible for bonus opportunities + equity
3+ days a week in office
Commission-free stock trading platform
Open for applications
Commission-free stock trading platform
1001+ employees
Open for applications
$97-130k
Salary dependent on location. + Eligible for bonus opportunities + equity
3+ days a week in office
1001+ employees
Company mission
To democratize finance for all.
Role
Who you are
- The ideal candidate has experience influencing business leaders and supporting strategic decision-making in a fast-paced environment
- With regular interaction with senior leadership at Robinhood, this role demands outstanding communication skills to effectively convey insights and drive strategic alignment
- 5+ years professional work experience in finance & strategy roles with increasing levels of responsibility
- 3+ years of experience supporting a Credit Card and/or Banking product
- Bachelor's in Finance, Economics, Mathematics, Computer Science, or a related field
- Ability to work horizontally and vertically in an organization with peers as well as senior leaders
- Strong verbal and written communication skills
- Excellent analytical skills and the business judgment to balance the details while not losing sight of the big picture, and an ability to show the“why” behind the numbers
- Excellent proficiency in Excel/Google Sheets, and interest in developing sophisticated querying / modeling skills
- Proven track record to simultaneously handle multiple priorities simultaneously and drive projects to completion
Desirable
- Familiarity with analytical tools (SQL, Looker) and financial reporting software (Oracle, Anaplan)
- Experience in using financial systems for data input and reporting, and the ability to build and maintain relevant reporting hierarchies for use within the system
- Experience working in the tech industry
What the job involves
- We are seeking a Finance & Strategy Senior Analyst to collaborate with our Credit Card and Banking teams, specifically owning fixed and variable cost reporting
- Lead budgeting, forecasting, reporting and long-term financial planning for all variable and fixed costs for the Robinhood Credit Card and Robinhood Banking products, which includes management of vendor and full-time headcount, operations costs (fraud and disputes), transaction fees, card onboarding fees, etc
- Develop and recommend annual cost targets used in NPV modeling
- Coordinate with accounting, partnerships, product, and operations teams to develop and improve modeling of variable costs
- Lead quarterly and ad-hoc analyses on a range of topics such as vendor negotiations, support new product launches such as Banking, and new growth plans
- Improve and simplify weekly, monthly, and quarterly Financial Reporting processes, drive standardization, and build scalable reporting solutions along with Product expansion to ensure timely and accurate financial insights. Coordinate with the Corporate Finance team and ensure consistency across teams on respective weekly and monthly reporting materials
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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