Assistant General Counsel, Robinhood
International
Commission-free stock trading platform
Open for applications
Commission-free stock trading platform
1001+ employees
Open for applications
1001+ employees
Company mission
To democratize finance for all.
Role
Who you are
- Experience in brokerage and crypto regulations with a focus on the EU, who is excited to work at the intersection of regulation, technology, and finance
- This role is well suited for a highly adaptable and collaborative person, who can handle ambiguity and rapidly shifting priorities with flexibility and perseverance
- Qualified lawyer either in the UK or EU with at least 8 years PQE, specialising in financial services regulatory law
- 8+ years of legal practice experience specialising in financial services regulatory law
- In-house legal experience, preferably at a financial service technology company or cryptocurrency business
- Experience at a financial services regulatory agency
- Knowledge or expertise in the rules and regulations relevant to broker-dealers and crypto firms in the European Union
- Experience interpreting and providing advice on the implementation of MiFID II and MiFIR
- Track record of developing practical solutions to novel problems
- Exceptional project management and communication skills
- Ability to provide practical, strategic and business-oriented legal advice, and to effectively manage multiple time sensitive tasks
- Experience drafting comment letters, working with industry trade groups, and engaging in rulemaking and legislative advocacy efforts
What the job involves
- Robinhood is looking for an Assistant General Counsel to join our growing International Legal team,
- This is an exciting opportunity to join a growing company and add to our mission to democratise finance for all
- Navigate complex regulatory frameworks to help the business design innovative financial products and services
- Identify and draft necessary changes to the firm's systems and procedures to meet the requirements of new rules/regulations
- Engage with financial regulators, including ESMA and NCAs, and other international regulators
- Draft regulatory applications, agreements, policies and procedures, disclosures, account documentation and website materials
- Monitor regulatory developments and making resulting recommendations
- Research brokerage and crypto questions and provide legal analysis and recommendations
- Partner cross-functionally with teams including litigation, compliance, product and government affairs
Salary benchmarks
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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