Enhanced Due Diligence Associate

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.

About the team + role

Robinhood’s Financial Crimes Team works across a number of verticals in an effort to protect our customers, and ensure compliance with all relevant Sanctions, Anti-Money Laundering and Terrorist Financing rules and regulations.

The EDD Investigator will be responsible for conducting investigations to identify potential money laundering and/or terrorist financing activities, as well as other related activities. This role plays a vital part in the firm meeting its regulatory requirements. The right candidate will have prior EDD investigations experience, including preparing investigation reports, preferably with a broker-dealer or FinTech company.

It is preferred that this role is located in one of the office locations listed on this job description which will align with our in-office working environment. This position is only eligible for remote work in limited geographies within the US where we do not have physical office locations. Please connect with your recruiter for more information regarding our in-office philosophy and expectations.

What you’ll do

• Investigate customer background information, behavioral patterns, and transactions for possible money laundering or terrorists financing activity
• Prepare investigation reports summarizing findings and recommendations
• Escalate matters requiring immediate attention to management and lead discussions surrounding findings uncovered during an investigation
• Identify process improvements to increase quality, accuracy, efficiency and scalability
• Contribute to drafting new enhanced procedures or controls
• Actively participate in team and cross-departmental meetings, training, etc.

What you bring

• Bachelor’s Degree or equivalent work experience
• 2+ years experience in EDD/CDD compliance or AML compliance experience with a focus on EDD at a broker-dealer, FinTech, and/or bank
• Previous experience using the Actimize case management system including SAM, CDD and ActOne Modules
• Demonstrated knowledge of BSA, AML, USA Patriot Act, OFAC and privacy laws as they apply to financial institutions
• Proven understanding of broker-dealer operation and/or financial services compliance functions
• Strong written and verbal communication skills, with the ability to communicate with all levels of management
• Excellent analytical and problem solving skills with the ability to manage multiple priorities simultaneously
• Resourceful and persistent, not willing to always accept the first answer

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; Seattle, WA; Washington, DC)$74,000—$87,000 USDZone 2 (Denver, CO; Westlake, TX; Chicago, IL)$65,000—$77,000 USDZone 3 (Lake Mary, FL)$58,000—$68,000 USD

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