Securities Lending Operations Associate

Join a leading fintech company that’s democratizing finance for all.

Robinhood Markets was founded on a simple idea: that our financial markets should be accessible to all. With customers at the heart of our decisions, Robinhood and its subsidiaries and affiliates are 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.

With growth as the top priority...

The business is 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 Securities Lending Operations Associate will be responsible for the execution of RHS Securities Lending middle office functions, so it scales to support Robinhood’s ambitious growth plans for Securities Lending.

You implement our securities lending middle-office areas: new account onboarding, securities lending trade processing and settlements, buy ins, recalls, call-backs, trade support, fully paid program (tracking, compliance, payment) and regulatory reporting.

You will process operational issues, new strategy implementation and product offerings, and will be responsible for mitigating regulatory risk and for compliance with Firm policy, SEC rules, and FINRA regulations.

You will also work cross-functionally to champion a compliant culture and business.

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

• Assist management with resolving escalated issues from trading.
• Collaborate closely with compliance, trading, and business management to ensure strategies are implemented and objectives are met.
• Act as a trusted aide de camp to the operations head.
• Execute tactics for the day to day operations of the middle office.
• Assist in the design and testing of operational procedures and processes for all aspects of Securities Lending including the fully paid program.
• Adhere to and remain aligned with Robinhood Securities’ back office related Written Supervisory Procedures.
• Process Robinhood Securities’ regulatory inquiries, reporting and audits.

What you bring

• FINRA Series 7
• Ability to learn quickly, think critically and apply problem-solving skills to resolve issues and implement operational improvements.
• Trustworthy, self-motivated and able to thrive in an entrepreneurial environment.
• Great communication and relationship leadership skills.
• A passion for Robinhood’s products and our mission to democratize access to America’s Financial System.
• Bachelor’s degree from an accredited institution.

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

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; Bellevue, WA; Washington, DC)$72,000—$85,000 USDZone 2 (Denver, CO; Westlake, TX; Chicago, IL)$64,000—$75,000 USDZone 3 (Lake Mary, FL; Clearwater, FL; Gainesville, FL)$56,000—$66,000 USD

Click here to learn more about available Benefits, which vary by region and Robinhood entity.

We’re looking for more growth-minde