Job Description

Join us in building the future of finance. Our mission is to democratize finance for all. An estimated $124 trillion of assets will be inherited by younger generations in the next two decades. The largest transfer of wealth in human history. If you’re ready to be at the epicenter of this historic cultural and financial shift, keep reading. About the team + role We are building an elite team, applying frontier technologies to the world’s biggest financial problems. We’re looking for bold thinkers. Sharp problem-solvers. Builders who are wired to make an impact. Robinhood isn’t a place for complacency, it’s where ambitious people do the best work of their careers. We’re a high-performing, fast-moving team with ethics at the center of everything we do. Expectations are high, and so are the rewards. Robinhood Derivatives (RHD) is Robinhood’s newly formed entity that focuses on futures, event contracts, and options on futures. Our operations and trading team will help coordinate and lead business operations and internal functions for this entity to ensure a successful setup, launch, and opportunity to scale. As the Futures Operations Specialist, you will perform essential daily duties to keep our futures and event contract business running smoothly, including clearing and settlement of futures, futures options, and event contract trades, analyzing trade and position reconciliations, resolving various futures and event contract trading issues, and reviewing several regulatory reports to ensure proper compliance. The role will work on initial setup of futures and event contract operational processes, tools, documentation, and workflows. Additionally, you’ll be working with various third party clearing firms, exchanges and vendors to maintain a proper working relationship and will be working closely with vital internal teams including CX, Legal, Compliance, Engineering, Financial Crimes, Finance, and Customer Trust and Safety to meet customer needs and expectations. This role is based in our Chicago, IL office(s), with in-person attendance expected at least 3 days per week. At Robinhood, we believe in the power of in-person work to accelerate progress, spark innovation, and strengthen community. Our office experience is intentional, energizing, and designed to fully support high-performing teams. What you’ll do Review daily trade, position, and cash reconciliations Processing of trade corrections, cash discrepancies, and position breaks Research, prioritize, and resolve futures and event contract related customer escalations Keep detailed records in accordance with standard operating procedures Ensure adherence to firm procedures and industry regulations Coordinate with product and engineering partners to translate business and regulatory requirements to enhance futures operational processes Act as a key partner with Compliance and cross functional teams to document and maintain processes and WSPs Develop, manage, and continuously improve processes for scale that help RHD Operations team meet its goals more efficiently and effectively Work with cross functional teams to collect, prioritize and communicate product-related challenges to be considered for future development What you bring A demonstrated history of operational excellence and problem solving 4+ years of experience in Brokerage Operations, Financial Services, or related field Strong understanding of futures market, event contracts and back office clearing Exceptional leadership, communication, time management, problem solving and analytical skills. Demonstrated expertise in Excel, with the ability to leverage advanced functions for data analysis and decision-making. Familiarity with SQL is highly desirable. Strong collaboration and influencing skills to work with colleagues across the company to quickly resolve issues and develop long term strategies for growth Ability to prioritize and complete multiple daily tasks and projects with various deadlines Active Series 3 or ability to obtain within 90 days Ability to pass NFA Swaps Proficiency Exam within 90 days What we offer Challenging, high-impact work to grow your career Performance driven compensation with multipliers for outsized impact, bonus programs, equity ownership, and 401(k) matching Best in class benefits to fuel your work, including 100% paid health insurance for employees with 90% coverage for dependents Lifestyle wallet - a highly flexible benefits spending account for wellness, learning, and more Employer-paid life & disability insurance, fertility benefits, and mental health benefits Time off to recharge including company holidays, paid time off, sick time, parental leave, and more! Exceptional office experience with catered meals, events, and comfortable workspaces. In addition to the base pay range listed below, this role is also eligible for bonus opportunities + equity + 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 base pay range for this role is based on the location where the work will be performed and is aligned to one of 3 compensation zones. For other locations not listed, compensation can be discussed with your recruiter during the interview process. Base Pay Range: Zone 1 (Menlo Park, CA; New York, NY; Bellevue, WA; Washington, DC)

$102,000 - $120,000 USD

Zone 2 (Denver, CO; Westlake, TX; Chicago, IL)

$90,000 - $106,000 USD

Zone 3 (Lake Mary, FL; Clearwater, FL; Gainesville, FL)

$80,000 - $94,000 USD

Click here to learn more about our Total Rewards, which vary by region and entity. If our mission energizes you and you’re ready to build the future of finance, we look forward to seeing your application. Robinhood provides equal opportunity for all applicants, offers reasonable accommodations upon request, and complies with applicable equal employment and privacy laws. Inclusion is built into how we hire and work—welcoming different backgrounds, perspectives, and experiences so everyone can do their best. Please review thePrivacy Policy for your country of application. Create a Job Alert Interested in building your career at Robinhood? Get future opportunities sent straight to your email. Apply for this job * indicates a required field First Name * Last Name * Email * Phone * Location (City) * Resume/CV * Enter manually Accepted file types: pdf, doc, docx, txt, rtf Enter manually Accepted file types: pdf, doc, docx, txt, rtf LinkedIn Profile Website How did you hear about this job? Have you used Robinhood? Select... What gender pronouns do you prefer? Select... Are you legally work authorized to work in the US? * Select... Will you now (or in the future) require visa sponsorship in order to work in the US? * Select... Have you ever worked for Robinhood as an employee, intern or contractor? Note that providing false or misleading information may result in disqualification from the hiring process. * Select... Are you willing to work from the office(s) listed on the job description? * Select... Do you have:a) any Personal/Familial Relationships (current Robinhood employees or employees of Robinhood’s vendors);b) any Outside Business Activities that you wish to continue;c) any investment that is greater than 5% of the outstanding shares of a publicly-traded company;d) any investment in a private company that has a business relationship or that is a current competitor of Robinhood; ore) any Intellectual Property Ownership (patents, trademarks, copyrights) that you wish to retain and/or create/develop while at Robinhood? * Select... If you answered "Yes" to the above question, please provide additional information here: Robinhood adheres to applicable laws and regulations in relation to government officials given inherent bribery and/or corruption risk. A government official is any person that performs a public function on any level or acts in any official capacity on behalf of a government or government owned entity.a) Do you currently hold or have you held, within the last 5 years, a position as a government official?b) Have you been referred or recommended for this position by a government official?c) Are you related to or have a close personal relationship with a government official? * Select... If you answered "Yes" to the above question, please provide additional information here: As a condition of employment we will require: 1) Your U5 from your prior employer. 2) The ability to be licensed in all 53 states and jurisdictions. 3) Passing a background check, credit check, and fingerprinting. Based on this, would anything of concern be reported by your former/current employer (e.g., U5 disclosures, involuntary terminations of any kind, including policy violations, failure to obtain licenses, performance-related, etc), or arise in your background check, credit check, or fingerprinting? If yes, please provide context below. Do you currently hold any active FINRA licenses? If so, which ones? * * What is your individual CRD number? Why are you interested in Futures/Derivatives? Why @ Robinhood? * Equal Employment Opportunity Information At Robinhood, we care deeply about diverse representation in our workforce as it supports our mission to democratize finance for all. In support of this goal, we encourage applicants to voluntarily identify demographic information. This information helps us to continue building a more inclusive workplace and to ensure effective recruiting programs that are inclusive of individuals across all backgrounds. Self-identifying in this section is completely voluntary and if you choose not to provide any information, please select the “I don't wish to answer” option under that question. Whatever your decision, data that you provide in this section will not be considered in the hiring process or thereafter. Individuals seeking employment at Robinhood are considered without regard to race, color, religion, national origin, age, sex, sexual orientation, marital status, ancestry, physical or mental disability, neurodivergence, veteran status, gender identity or expression, or any other characteristic protected by law. You are being given the opportunity to provide the following information in order to help us comply with federal and state Equal Employment Opportunity recordkeeping, reporting, and other legal requirements, and to be used in our efforts to recruit a diverse workforce. Any information that you do provide will be recorded and maintained in a confidential manner. For more information on EEOC definitions, please reference this document . What is your gender identity? * Select... What is your race or ethnicity? * Select... What is your military status? * Select... What is your disability status? * Select... Do you identify as part of the LGBTQ+ community? Select... #J-18808-Ljbffr Robinhood

Job Tags

Contract work, For contractors, Internship, Work at office, Visa sponsorship, Flexible hours, Shift work, 3 days per week,

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