Robinhood
Market Risk Analyst/Senior Analyst, Derivatives
Robinhood, Chicago, Illinois, United States, 60290
Join a leading fintech company that’s democratizing finance for all.
Robinhood was founded on a simple idea: that our financial markets should be accessible to all. With customers at the heart of our decisions, Robinhood is lowering barriers and providing greater access to financial information. Together, we are building products and services that help create a financial system everyone can participate in.
As we continue to build...
We’re seeking curious, growth minded thinkers to help shape our vision, structures and systems; playing a key-role as we launch into our ambitious future. If you’re invigorated by our mission, values, and drive to change the world — we’d love to have you apply.
About the team + role
The Derivatives Risk team's mission is to maintain and enhance existing market risk and exposure for Robinhood clients and overall exposure to the firm. The team will utilize a combination of existing real-time risk tools and build ad hoc tools to monitor exposure as related to Equities, Options and Futures products,
As Market Risk Analyst, you will perform real-time risk reviews of Robinhood client's positions in equities, options and futures and take appropriate action. You will interact with clients to explain potential exposure or actions that you or the team have taken.
The role is located in the office location(s) listed on this job description which will align with our in-office working environment. Please connect with your recruiter for more information regarding our in-office philosophy and expectations.
What You’ll Do
Perform real-time risk assessments of self direct retail clients with market exposure in multiple asset classes (futures, equities and options) and potentially take action (like restricting and/or liquidating at-risk accounts) per the Robinhood Risk Management framework.Review and suggest enhancements to Robinhood Market Risk Management framework based upon remediation of client accounts and interactions with clients.Communicate and educate clients on market risk decisions and how they can utilize various risk management strategies.Collaborate and educate members of the Risk and CX teams to understand Robinhood Market Risk Management framework and how it is utilized in real-markets.Work within Market Risk team and other cross functional teams across the firm to perform risk assessments, control testing, risk event retrospectives, and identify, track, and action issuesWork closely with Product and Engineering teams for launch, improve, de-risk and scale Robinhood’s roll out of Futures and other asset classes.Shape risk policy based on customer behavior insights and the changing regulatory and market environment
What You Bring
Comprehensive knowledge of market and credit risk management specializing in equity options and futures.Experience monitoring portfolio stress test results containing all marginable security types (equities, options, futures, mutual funds, and fixed income products) for breaches in risk appetite thresholds.Ability to learn quickly, think critically, and apply problem-solving skills to resolve issues and implement operational improvements4-7+ years of hands-on experience in Broker Dealer Operations and/or Market Risk Management.Active Series 3 & 7
What We Offer
Market competitive and pay equity-focused compensation structure100% paid health insurance for employees with 90% coverage for dependentsAnnual lifestyle wallet for personal wellness, learning and development, and more!Lifetime maximum benefit for family forming and fertility benefitsDedicated mental health support for employees and eligible dependentsGenerous time away including company holidays, paid time off, sick time, parental leave, and more!Lively office environment with catered meals, fully stocked kitchens, and geo-specific commuter benefits
Base pay for the successful applicant will depend on a variety of job-related factors, which may include education, training, experience, location, business needs, or market demands. The expected salary range for this role is based on the location where the work will be performed and is aligned to one of 3 compensation zones. This role is also eligible to participate in a Robinhood bonus plan and Robinhood’s equity plan. For other locations not listed, compensation can be discussed with your recruiter during the interview process.
Zone 1 (Menlo Park, CA; New York, NY; Seattle, WA; Washington, DC)
$128,000—$150,000 USD
Zone 2 (Denver, CO; Westlake, TX; Chicago, IL)
$112,000—$132,000 USD
Zone 3 (Lake Mary, FL)
$99,000—$117,000 USD
Click Here To Learn More About Robinhood’s Benefits.
We’re looking for more growth-minded and collaborative people to be a part of our journey in democratizing finance for all. If you’re ready to give 100% in helping us achieve our mission—we’d love to have you apply even if you feel unsure about whether you meet every single requirement in this posting. At Robinhood, we're looking for people invigorated by our mission, values, and drive to change the world, not just those who simply check off all the boxes.
Robinhood embraces a diversity of backgrounds and experiences and provides equal opportunity for all applicants and employees. We are dedicated to building a company that represents a variety of backgrounds, perspectives, and skills. We believe that the more inclusive we are, the better our work (and work environment) will be for everyone. Additionally, Robinhood provides reasonable accommodations for candidates on request and respects applicants' privacy rights. To review Robinhood's Privacy Policy please review the specific policy applicable to your country.#J-18808-Ljbffr
Robinhood was founded on a simple idea: that our financial markets should be accessible to all. With customers at the heart of our decisions, Robinhood is lowering barriers and providing greater access to financial information. Together, we are building products and services that help create a financial system everyone can participate in.
As we continue to build...
We’re seeking curious, growth minded thinkers to help shape our vision, structures and systems; playing a key-role as we launch into our ambitious future. If you’re invigorated by our mission, values, and drive to change the world — we’d love to have you apply.
About the team + role
The Derivatives Risk team's mission is to maintain and enhance existing market risk and exposure for Robinhood clients and overall exposure to the firm. The team will utilize a combination of existing real-time risk tools and build ad hoc tools to monitor exposure as related to Equities, Options and Futures products,
As Market Risk Analyst, you will perform real-time risk reviews of Robinhood client's positions in equities, options and futures and take appropriate action. You will interact with clients to explain potential exposure or actions that you or the team have taken.
The role is located in the office location(s) listed on this job description which will align with our in-office working environment. Please connect with your recruiter for more information regarding our in-office philosophy and expectations.
What You’ll Do
Perform real-time risk assessments of self direct retail clients with market exposure in multiple asset classes (futures, equities and options) and potentially take action (like restricting and/or liquidating at-risk accounts) per the Robinhood Risk Management framework.Review and suggest enhancements to Robinhood Market Risk Management framework based upon remediation of client accounts and interactions with clients.Communicate and educate clients on market risk decisions and how they can utilize various risk management strategies.Collaborate and educate members of the Risk and CX teams to understand Robinhood Market Risk Management framework and how it is utilized in real-markets.Work within Market Risk team and other cross functional teams across the firm to perform risk assessments, control testing, risk event retrospectives, and identify, track, and action issuesWork closely with Product and Engineering teams for launch, improve, de-risk and scale Robinhood’s roll out of Futures and other asset classes.Shape risk policy based on customer behavior insights and the changing regulatory and market environment
What You Bring
Comprehensive knowledge of market and credit risk management specializing in equity options and futures.Experience monitoring portfolio stress test results containing all marginable security types (equities, options, futures, mutual funds, and fixed income products) for breaches in risk appetite thresholds.Ability to learn quickly, think critically, and apply problem-solving skills to resolve issues and implement operational improvements4-7+ years of hands-on experience in Broker Dealer Operations and/or Market Risk Management.Active Series 3 & 7
What We Offer
Market competitive and pay equity-focused compensation structure100% paid health insurance for employees with 90% coverage for dependentsAnnual lifestyle wallet for personal wellness, learning and development, and more!Lifetime maximum benefit for family forming and fertility benefitsDedicated mental health support for employees and eligible dependentsGenerous time away including company holidays, paid time off, sick time, parental leave, and more!Lively office environment with catered meals, fully stocked kitchens, and geo-specific commuter benefits
Base pay for the successful applicant will depend on a variety of job-related factors, which may include education, training, experience, location, business needs, or market demands. The expected salary range for this role is based on the location where the work will be performed and is aligned to one of 3 compensation zones. This role is also eligible to participate in a Robinhood bonus plan and Robinhood’s equity plan. For other locations not listed, compensation can be discussed with your recruiter during the interview process.
Zone 1 (Menlo Park, CA; New York, NY; Seattle, WA; Washington, DC)
$128,000—$150,000 USD
Zone 2 (Denver, CO; Westlake, TX; Chicago, IL)
$112,000—$132,000 USD
Zone 3 (Lake Mary, FL)
$99,000—$117,000 USD
Click Here To Learn More About Robinhood’s Benefits.
We’re looking for more growth-minded and collaborative people to be a part of our journey in democratizing finance for all. If you’re ready to give 100% in helping us achieve our mission—we’d love to have you apply even if you feel unsure about whether you meet every single requirement in this posting. At Robinhood, we're looking for people invigorated by our mission, values, and drive to change the world, not just those who simply check off all the boxes.
Robinhood embraces a diversity of backgrounds and experiences and provides equal opportunity for all applicants and employees. We are dedicated to building a company that represents a variety of backgrounds, perspectives, and skills. We believe that the more inclusive we are, the better our work (and work environment) will be for everyone. Additionally, Robinhood provides reasonable accommodations for candidates on request and respects applicants' privacy rights. To review Robinhood's Privacy Policy please review the specific policy applicable to your country.#J-18808-Ljbffr