Senior Manager of Product Compliance, Robinhood
Crypto
$183-215k
+ Bonus opportunities and equity
4+ days a week in office
Commission-free stock trading platform
Be an early applicant
Commission-free stock trading platform
1001+ employees
Be an early applicant
$183-215k
+ Bonus opportunities and equity
4+ days a week in office
1001+ employees
Company mission
To democratize finance for all.
Role
Who you are
- Passion for Robinhood's products and our mission to democratize finance for all
- 7+ years of financial services legal/compliance experience and specifically 1+ years within Crypto compliance
- Prior experience in a compliance or legal role supporting crypto product development
- Extensive knowledge of the Bitlicense, NYDFS regulations, and consumer protection regulations
- Resourceful, autonomous, and adaptive in a fast-paced, entrepreneurial environment
- Experience managing projects collaborating with technical and non-technical teams
- Strong communication skills that build trusted relationships among relevant business partners
- We are building an elite team, applying frontier technologies to the world’s biggest financial problems. We’re looking for bold thinkers. Sharp problem-solvers. Builders who are wired to make an impact
- Robinhood isn’t a place for complacency, it’s where ambitious people do the best work of their careers. We’re a high-performing, fast-moving team with ethics at the center of everything we do. Expectations are high, and so are the rewards
What the job involves
- The Robinhood Crypto Product Compliance team supports Product, Engineering and Product Operations (“Product”) in developing and deploying new and enhanced products and services compliantly
- They serve as Product's primary point of contact for compliance matters related to the firm's business
- This team is responsible for providing guidance, training, testing and supervisory support, acting as an escalation point, general policy and procedure updates and implementation, and acting in an advisory capacity to provide regulatory guidance on product-related matters, including review of product, marketing and advertising to support compliance with applicable requirements
- As a Senior Manager on the Compliance Product team, you’ll report to the Chief Compliance Officer of Robinhood Crypto, and be responsible for supporting new and enhanced product and service development, testing, deployment and retrospective review, working with Product, Risk and Legal to ensure offerings meet regulatory and firm policy requirements, and collaborating with business partners to ensure any updates or corrective actions are fully implemented
- Work with Product teams and other cross-functional partners (e.g. Business, Legal, Compliance) in ideation, design, development, testing, and launching of crypto products
- Act as the compliance subject matter expert advising on regulatory requirements and updates, Crypto business initiatives, and operational processes
- Partner with Policy & Internal Control group, CX Compliance and other Risk & Compliance groups in developing, enhancing, implementing, and testing policies, procedures, and controls
- Review product, communications, and marketing to address consumer protection related requirements
- Provide real-time tactical and strategic answers to business partners’ compliance questions and critical issues
- Train on Crypto regulations, policies, procedures, support/sales practices, and supervision
- Support regulatory filings, exams, and inquiries
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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