Product Manager, Robinhood
Consumer
$166-195k
+ Robinhood Bonus Plan + Robinhood Equity Plan
Commission-free stock trading platform
Job no longer available
Commission-free stock trading platform
1001+ employees
Job no longer available
$166-195k
+ Robinhood Bonus Plan + Robinhood 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
- Demonstrated history of using research, experimentation and analytics to guide decision making
- Past experience working with design and UXR in previous roles
- Excellent communication and collaboration skills
- Motivated to self-starter
- (Nice to have) Past experience in fintech or trading
What the job involves
- As a Product Manager for Derivatives, you will be responsible for working on one of our newest business lines, responsible for delivering world-class futures and event contract products to retail traders
- We are looking for consumer-focused product leaders who are not afraid of complexity and are excited about reimagining what sophisticated financial products can look like in a consumer-first way
- You’ll work with design, engineering, operations, marketing, data, research, and more to bring ideas to life
- Leading a team of engineers, designers, researchers, data scientists and marketers to better understand our customers and their most pressing needs
- Establishing a product vision and shared set of priorities across the team and the company, which meet the most important needs of our customers
- Delivering delightful consumer experiences that take the uncertainty and fear out of finances
- Ensuring products are delivered on time with an extremely high bar for quality of experience
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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