Product Manager, Robinhood

Brokerage, 0-1

$166-195k

+ Eligible to participate in a Robinhood bonus plan and Robinhood’s equity plan

Mid and Senior level

New York

San Francisco Bay Area

Commission-free stock trading platform

Open for applications

Commission-free stock trading platform

1001+ employees

FintechB2CCryptocurrencyMarketplaceTrading

Open for applications

$166-195k

+ Eligible to participate in a Robinhood bonus plan and Robinhood’s equity plan

Mid and Senior level

New York

San Francisco Bay Area

1001+ employees

FintechB2CCryptocurrencyMarketplaceTrading

Company mission

To democratize finance for all.

Job

Company

Role

Who you are

4+ years of direct product management experience building high-quality consumer products
Experience defining and building zero to one products. Bonus points for fintech and/or consumer products experiences
Strong leadership, communication and relationship management skills
Experience with using research, experimentation, and product analytics to guide decision making

What the job involves

The Brokerage team is the core of Robinhood and is responsible for many of our founding products. As a member of this team, you'll be at the epicenter of the action, orchestrating and crafting the very essence of what defines Robinhood
As the product manager for a new zero-to-one project, you’ll play a pivotal role in defining a new product for Robinhood
This is a unique opportunity to shape the future of our product offerings. You will work closely with a cross-disciplinary team to give our retail traders a cutting edge in the market (Shhh…we’d love to tell you more, but it’s top secret for now)
Develop strategy, vision & roadmap of how new product for Robinhood transforming how customers trade
Work with your x-functional partners to define and deliver a new zero to 1 product
Foster a culture of ambition, learning and iteration through experimentation and thinking big

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

Top investors

39% female employees

-23% employee growth in 12 months

Glassdoor (3.4)

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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