Manage of Capital Markets, Robinhood
$116-175k
Actual salary range is dependent on location. Offers equity and bonus.
More information about location
Commission-free stock trading platform
Job no longer available
Commission-free stock trading platform
1001+ employees
Job no longer available
$116-175k
Actual salary range is dependent on location. Offers equity and bonus.
More information about location
1001+ employees
Company mission
To democratize finance for all.
Role
Who you are
- 6+ years of experience in capital markets, corporate finance, or a related field, with a proven track record of establishing diversified funding sources for consumer asset classes (credit card experience preferred)
- 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 strategic thinking skills to assess market trends and drive data-informed decisions
- Exceptional 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
- As the Manager of Capital Markets, you will lead our efforts to access, manage, and optimize funding channels for our credit products while supporting the Director of Capital Markets in building and maintaining strong relationships with investors, financial institutions, Rating Agencies and market participants
- Reporting to our Director of Capital Markets you will work cross-functionally with teams such as Treasury, Finance, Credit, Engineering, Legal, and Compliance to drive strategic initiatives that support the growth of Robinhood Credit products
- Manage debt funding operations. This includes preparation of legal documentation, monthly reporting on metrics, working with partner banks/investors on what is needed for deal compliance
- Manage customer account movement operations. Moving account receivables from the issuing bank to our mastertrust structure. Working with engineering to build out a smooth process for this. Also streamline the payment activity associated with this transition
- Build out daily settlement with key stakeholders: Work on building out a more efficient daily settlement procedure. This will evolve as we grow the business and more parties get involved
- Portfolio reporting and covenant management: Provide updates on key triggers for deals, and overall portfolio performance
- Assist in acquiring new funding partners - Assist in the selection and onboarding of new funding partners
- Assist in key relationship management - work with external partners as needed to execute funding and operations
- Securitization readiness - build out process for securitization of cc receivables. This includes working with rating agencies, investors, etc. This will be new for Robinhood in 2025/2026
- Reporting requirements - Execute monthly reporting requirements and quarterly covenant certificates
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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