Robinhood Careers

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Launch with a Mission Written by CX (Current Staff Member) from Orlando, FL on November 2, 2019Honestly, Robinhood is absolutely fantastic. It has a significant mission, to open financing to everybody, and the advantages are unprecedented. However, because it’s a startup, you’re expected to EXTEND well beyond your pay, title, and constraints.

A nonprofit organization founded in 1988, Robin Hood is focused on battling poverty in New York City’s a lot of impoverished communities. Robin Hood is the largest poverty-fighting organization in New York, and has actually offered part-time task chances in the past. The wages and administrative expenses of Robin Hood are paid by the board of directory sites, allowing the organization to give one hundred percent of donations to “assisting Brand-new Yorkers in requirement.” Because Robin Hood was established, the organization has actually raised nearly $2 billion worth of monetary donations and items to help homeless shelters, schools, soup kitchens, and other organizations across New york city.

The story of Robinhood starts nearly a decade earlier at Stanford University, where co-founders Vladimir Tenev and Baiju Bhatt were roommates & classmates. After investing long nights toiling on problem sets together, the 2 chose to pack their bags and head to Wall Street to build a business that made high-frequency trading platforms for a few of the world’s biggest banks.

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On the other hand, daily financiers were taxed up to $10 per trade. Baiju and Vladimir recognized it was time to bring this benefit to everyone. By automating a lot of the pricey duties that existing brokerages keep as a holdover from the pre-Internet era, they might construct a far more expense efficient and satisfying brokerage.

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Robinhood is changing the way America invests. Our company believe our financial system ought to work for everybody and not just a few. We provide commission-free trading for stocks, ETFs, alternatives, and cryptocurrencies– all in one, user-friendly platform. Considering that our public launch in 2015, we have actually enabled countless individuals to take part in the markets, sealing us as the fastest-growing brokerage ever.

You’ll carry out necessary operational duties to keep our options service running efficiently. As a Options Clearing Associate you’ll: Reconcile our positions with the OCC Process expiring options Carry out trade corrections and the purchase and sales function Assistance settlement in between the OCC, CNS, and Robinhood Facilitate business actions that impact option agreement positions Some things we consider important to being a Options Clearing Associate: Extraordinary attention to detail Strong verbal and written communication skills A thorough understanding of the Options Cleaning process Knowledge of Repetition and the My OCC sites Capability to stay arranged while carrying out analysis and resolving issues in a busy environment Minimum Qualifications Bachelor’s Degree or comparable business experience Series 7 license (Series 4 a plus) Proficiency in spreadsheets (database experience a plus) Strong Robinhood product knowledge.

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Based upon 17 scores, Robinhood employees rank their happiness at the work environment an “A”. The Joy rating explains how staff members feel about the general positivity in the office and integrates their answers to questions like “Do you believe you’re paid fairly?” and “Are your company’s goals clear, and are you invested in them?”. The company remains in the Leading 15% of other business in San Francisco and Top 10% of other business in the United States.

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