Robinhood

Clearing Operations Associate, Options

Robinhood

February 12, 2021

Lake Mary, FL, US

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, removing fees, and providing greater access to financial information. Together, we are building products and services that help create a financial system everyone can participate in.
Just as we focus on our customers, we also strive to create an inclusive environment where our employees can thrive and do impactful work. We are proud of the world class products and company culture we continue to build and have been recognized as:
  • A Great Place to Work
  • A CNBC Disruptor 50 in 2019 and 2020
  • A LinkedIn Top Startup in 2017, 2018, 2019 and 2020

Robinhood is backed by leading investors that include DST Global, Index Ventures, NEA, Ribbit Capital, Thrive Capital, and Sequoia.
Check out life at Robinhood on The Muse!
About the team:
We're looking for a motivated self-starter to join our Clearing Operations team and focus on supporting our Options Clearing Team. You'll perform essential operational duties to keep our Options P&S and and OCC reconciliation process running smoothly.
What you'll do day-to-day:
  • Taking ownership of critical business functions such as risk monitoring and purchase and sales
  • Trade break reconciliation
  • Suspense and Inventory account reconciliation
  • Processing of trade corrections, cancellations and as-of trade creations
  • Regulatory Reporting, Review and Repair : Insite, LOPR, and Actionable Identifier
  • Process Options Corporate Actions
  • Working closely with our project and operations teams to launch, improve, and scale Robinhood products and systems
  • Help build and create processes and procedures for different business functions within the clearing operations team
  • Being current on regulations pertaining to the above processes
About you:
  • Bachelor's in finance, business, or similar interests
  • 2+ years experience in Brokerage Operations, Financial Services, or related field
  • Familiarity with P&S and associated functions
  • Exceptional attention to detail
  • Ability to thrive in a fast paced and constantly evolving work environment
  • Strong problem-solving skills with a bias toward action
  • Ability to identify inefficiencies in operational processes, then design and implement solutions
  • Upholding and spreading the Robinhood Culture in all cross functional interactions
  • Strong Robinhood product knowledge and analytical skills
Bonus points:
  • FINRA Series 7 (or ability to obtain within 90 days)

We're looking for more growth-minded and collaborative people to be a part of our journey in democratizing finance for all. If you're ready to give 100% in helping us achieve our mission—we'd love to have you apply even if you feel unsure about whether you meet every single requirement in this posting. At Robinhood, we're looking for people invigorated by our mission, values, and drive to change the world, not just those who simply check off all the boxes.
Robinhood promotes diversity and provides equal opportunity for all applicants and employees. We are dedicated to building a company that represents a variety of backgrounds, perspectives, and skills. We believe that the more inclusive we are, the better our work (and work environment) will be for everyone. Additionally, Robinhood provides reasonable accommodations for candidates on request and respects applicants' privacy rights. To review Robinhood's Privacy Policy please visit rbnhd.co/applicant-privacy.