Data Scientist, Robinhood
Customer Lifecycle and Engagement
$187-220k
+ Bonus plan + Equity plan
Commission-free stock trading platform
Job no longer available
Commission-free stock trading platform
1001+ employees
Job no longer available
$187-220k
+ Bonus plan + Equity plan
1001+ employees
Company mission
To democratize finance for all.
Role
Who you are
- Predictive Modeling & ML Expertise: Experience developing and deploying supervised and unsupervised machine learning models (e.g., regression, classification, clustering) to forecast user behavior and optimize marketing interventions
- Customer Segmentation: Proficiency in segmenting users based on behavioral and demographic data, leveraging techniques like clustering and propensity scoring to inform targeted strategies
- Experimentation & Causal Inference: Hands-on experience designing and analyzing A/B tests, quasi-experiments, and applying basic causal inference techniques to determine the true impact of initiatives
- Technical Proficiency: Strong skills in Python, SQL, and data visualization tools, with experience in building automated data pipelines and dashboards
- Analytical Communication: Ability to translate complex data insights into clear, actionable recommendations for cross-functional teams, ensuring our data drives effective decision-making
What the job involves
- The business is seeking curious, growth-minded thinkers to help shape our vision, structures and systems; playing a key-role as we launch into our ambitious future
- In this role, you will collaborate with cross-functional teams to design and analyze experiments—including A/B tests and quasi-experiments—that evaluate the impact of our marketing initiatives
- We build and refine predictive models and segmentation techniques to forecast user behavior and tailor our strategies, while developing scalable data workflows and dashboards that provide real-time insights to drive decision-making across Marketing, Product, Engineering, and Finance
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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