Robinhood
Assistant General Counsel, Regulatory
Robinhood, Syracuse, New York, United States,
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.Robinhood has a primary in-office working environment; please be sure you have reviewed the preferred working location(s) for this role before applying.About the team + role
Robinhood’s legal team is looking for an attorney with extensive experience in broker-dealer regulatory, compliance, clearing, and operational issues to support Robinhood Securities, LLC (“RHS”), our securities clearing firm. We are looking for a highly adaptable and collaborative person who can handle ambiguity and rapidly shifting priorities with flexibility and patience. This is an exciting opportunity to work at the intersection of law, technology, and finance – and contribute to our mission to democratize finance for all.What You’ll Do
Navigate complex regulatory frameworks to help the business design and implement innovative financial products and services.Demonstrate excellent judgment and advising senior leaders at the company on complex legal questions and issues.Advise on the application of new or anticipated legal requirements and regulatory guidance to the firm's systems, policies, and procedures.Manage interactions with regulators, outside counsel, and other parties.Serve as a subject matter expert on securities and capital markets, order routing, execution, clearance, and settlement questions and providing legal analysis and recommendations that impact product design, regulatory approvals, and compliance.Work with trade associations to represent Robinhood’s interests with respect to topics such as market structure, best execution, order routing, clearance, and settlement.Partner cross-functionally with other parts of the legal team, including Government Affairs, Litigation, and Regulatory Enforcement colleagues, and outside of the legal team, including Product, Brokerage, Engineering, and Compliance colleagues.What You Bring
J.D. degree from an ABA accredited law school (or foreign equivalent).Membership in at least 1 U.S. State Bar, with good standing.10+ years of legal practice experience, with at least 8+ years in the financial services regulatory field.Experience building and leading teams.Demonstrated good judgment and provision of advice related to complicated legal issues to senior management.Expertise in researching, applying, and communicating legal requirements in the financial services space in a regulatory context.Direct prior experience with financial services regulators (including FINRA and the SEC).Clearing broker experience, including advising on compliance with clearing agency rules and regulations, e.g., DTCC/NSCC and OCC.Demonstrated leadership advising senior management as to significant legal issues.Experience negotiating clearing broker agreements, including clearing, stock lending, and bank sweep agreements, and establishing Rule 15c3-3 accounts at banks.At least two of the following work experiences:Work at a top law firm in a securities practice focused on broker-dealers.Work at a regulator (e.g., the SEC, FINRA, or the CFTC) as part of a prominent legal/examination group focused on broker-dealers.Work at an in-house legal department with a focus on broker-dealer and trading matters.Deep knowledge of broker-dealer regulation with a particular depth of knowledge regarding retail brokerage issues, including margin, options, and securities lending.What We Offer
Market competitive and pay equity-focused compensation structure.100% paid health insurance for employees with 90% coverage for dependents.Annual lifestyle wallet for personal wellness, learning and development, and more!Lifetime maximum benefit for family forming and fertility benefits.Dedicated mental health support for employees and eligible dependents.Generous 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.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.US Zone 1: $230000 - $270000US Zone 2: $202000 - $238000US Zone 3: $179000 - $211000Base 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. You can view comp zones for our US office locations in the table below. For other locations not listed, compensation can be discussed with your recruiter during the interview process.Office locations (by comp zone)
US Zone 1: Menlo Park, NYC, Seattle, Washington DCUS Zone 2: Denver, Westlake (Dallas), ChicagoUS Zone 3: Lake MaryClick Here To Learn More About Robinhood’s Benefits.Robinhood promotes diversity 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 visit Robinhood - US Applicant Privacy Policy. If you are an applicant located in the UK or EEA, please visit the Robinhood - UK/EEA Applicant Privacy Policy.
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Robinhood’s legal team is looking for an attorney with extensive experience in broker-dealer regulatory, compliance, clearing, and operational issues to support Robinhood Securities, LLC (“RHS”), our securities clearing firm. We are looking for a highly adaptable and collaborative person who can handle ambiguity and rapidly shifting priorities with flexibility and patience. This is an exciting opportunity to work at the intersection of law, technology, and finance – and contribute to our mission to democratize finance for all.What You’ll Do
Navigate complex regulatory frameworks to help the business design and implement innovative financial products and services.Demonstrate excellent judgment and advising senior leaders at the company on complex legal questions and issues.Advise on the application of new or anticipated legal requirements and regulatory guidance to the firm's systems, policies, and procedures.Manage interactions with regulators, outside counsel, and other parties.Serve as a subject matter expert on securities and capital markets, order routing, execution, clearance, and settlement questions and providing legal analysis and recommendations that impact product design, regulatory approvals, and compliance.Work with trade associations to represent Robinhood’s interests with respect to topics such as market structure, best execution, order routing, clearance, and settlement.Partner cross-functionally with other parts of the legal team, including Government Affairs, Litigation, and Regulatory Enforcement colleagues, and outside of the legal team, including Product, Brokerage, Engineering, and Compliance colleagues.What You Bring
J.D. degree from an ABA accredited law school (or foreign equivalent).Membership in at least 1 U.S. State Bar, with good standing.10+ years of legal practice experience, with at least 8+ years in the financial services regulatory field.Experience building and leading teams.Demonstrated good judgment and provision of advice related to complicated legal issues to senior management.Expertise in researching, applying, and communicating legal requirements in the financial services space in a regulatory context.Direct prior experience with financial services regulators (including FINRA and the SEC).Clearing broker experience, including advising on compliance with clearing agency rules and regulations, e.g., DTCC/NSCC and OCC.Demonstrated leadership advising senior management as to significant legal issues.Experience negotiating clearing broker agreements, including clearing, stock lending, and bank sweep agreements, and establishing Rule 15c3-3 accounts at banks.At least two of the following work experiences:Work at a top law firm in a securities practice focused on broker-dealers.Work at a regulator (e.g., the SEC, FINRA, or the CFTC) as part of a prominent legal/examination group focused on broker-dealers.Work at an in-house legal department with a focus on broker-dealer and trading matters.Deep knowledge of broker-dealer regulation with a particular depth of knowledge regarding retail brokerage issues, including margin, options, and securities lending.What We Offer
Market competitive and pay equity-focused compensation structure.100% paid health insurance for employees with 90% coverage for dependents.Annual lifestyle wallet for personal wellness, learning and development, and more!Lifetime maximum benefit for family forming and fertility benefits.Dedicated mental health support for employees and eligible dependents.Generous 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.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.US Zone 1: $230000 - $270000US Zone 2: $202000 - $238000US Zone 3: $179000 - $211000Base 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. You can view comp zones for our US office locations in the table below. For other locations not listed, compensation can be discussed with your recruiter during the interview process.Office locations (by comp zone)
US Zone 1: Menlo Park, NYC, Seattle, Washington DCUS Zone 2: Denver, Westlake (Dallas), ChicagoUS Zone 3: Lake MaryClick Here To Learn More About Robinhood’s Benefits.Robinhood promotes diversity 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 visit Robinhood - US Applicant Privacy Policy. If you are an applicant located in the UK or EEA, please visit the Robinhood - UK/EEA Applicant Privacy Policy.
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