What are the responsibilities and job description for the Product Manager, Clearing Platform position at Robinhood?
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.
The Clearing Platform Team is a part of Brokerage Platform and is responsible for the post trade services that power Robinhood’s self-clearing broker dealer. The domain owned by the team is large and varied including brokerage functions like clearing, settlement, books and records, asset servicing, and trade reporting. As a Product Manager on the Clearing Platform team, you will be tasked with owning a strategy to constantly improve these core areas as well as build net new functionality to support the launch of customer facing products. You’ll be responsible for leading teams to develop products that improve the everyday lives of our customers. You’ll work with experts in data, design, engineering, marketing, operations, and research to bring ideas to life that will help us democratize our financial system.
As a part of the larger Brokerage Platform team, you will work closely with product and business stakeholders across all of Robinhood to deliver new products that democratize our financial system and delight our users. You will champion the Clearing Platform’s priorities and own a roadmap that supports the overall Robinhood Brokerage strategy. Finally, you will work closely with partners in engineering, data science, and operations, to deliver, scale, and maintain our critical clearing and settlement systems.
This role is based in our Menlo Park, CA, New York, NY, or Chicago, IL offices, 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
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)
$166,000—$195,000 USD
Zone 2 (Denver, CO; Westlake, TX; Chicago, IL)
$146,000—$172,000 USD
Zone 3 (Lake Mary, FL; Clearwater, FL; Gainesville, FL)
$129,000—$152,000 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 the Privacy Policy for your country of application.
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.
The Clearing Platform Team is a part of Brokerage Platform and is responsible for the post trade services that power Robinhood’s self-clearing broker dealer. The domain owned by the team is large and varied including brokerage functions like clearing, settlement, books and records, asset servicing, and trade reporting. As a Product Manager on the Clearing Platform team, you will be tasked with owning a strategy to constantly improve these core areas as well as build net new functionality to support the launch of customer facing products. You’ll be responsible for leading teams to develop products that improve the everyday lives of our customers. You’ll work with experts in data, design, engineering, marketing, operations, and research to bring ideas to life that will help us democratize our financial system.
As a part of the larger Brokerage Platform team, you will work closely with product and business stakeholders across all of Robinhood to deliver new products that democratize our financial system and delight our users. You will champion the Clearing Platform’s priorities and own a roadmap that supports the overall Robinhood Brokerage strategy. Finally, you will work closely with partners in engineering, data science, and operations, to deliver, scale, and maintain our critical clearing and settlement systems.
This role is based in our Menlo Park, CA, New York, NY, or Chicago, IL offices, 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
- Lead a product team across engineering, post trade operations, data science, design, and research focused on optimizing and expanding our clearing services.
- Establish a product vision and shared set of priorities for the team that align with Robinhood’s mission and the goals of the larger Brokerage organization.
- Deliver efficient and scalable solutions that help engineering, operations, and other stakeholders manage all aspects of post trade activity.
- Work cross-functionally to ship high-impact features that increase efficiency and improve customers’ experience.
- 4 years of direct product management experience building high-quality platform products
- 5 years of experience in brokerage, market-making, or institutional trading
- Familiarity using research, experimentation and product analytics to connect platform decision making with customer experience
- Ability to focus on a problem at hand while thoughtfully considering overarching company strategy
- Openness to all solutions and ability to build conviction in a solution based on evidence
- Passion for financial products and improving people’s financial lives
- Bachelor’s or Master's degree, or equivalent practical experience
- 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 flexible benefits account for wellness, learning, and more
- Employer-paid life & disability insurance, fertility benefits, and mental health support
- 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
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)
$166,000—$195,000 USD
Zone 2 (Denver, CO; Westlake, TX; Chicago, IL)
$146,000—$172,000 USD
Zone 3 (Lake Mary, FL; Clearwater, FL; Gainesville, FL)
$129,000—$152,000 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 the Privacy Policy for your country of application.
Salary : $129,000 - $195,000