Manager, Capital Markets
Robinhood • Reston, VA, USA; Bellevue, WA, USA; Menlo Park, CA, USA; New York, NY, USA; Washington, DC, USA; Chicago, IL, USA
Last updated 4 weeks ago
•
$116K—$175K
Robinhood
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Hiring team
Job description
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
At Robinhood, our mission is to democratize finance for all. The Capital Markets team plays a critical role in supporting this vision by ensuring the company has the financial resources and market access needed to grow, innovate, and manage risk. As the Senior Manager of Capital Markets, you will lead our efforts to access, manage, and optimize funding channels for our credit products while supporting the Director of Capital Markets in building and maintaining strong relationships with investors, financial institutions, Rating Agencies and market participants. Reporting to our Director of Capital Markets you will work cross-functionally with teams such as Treasury, Finance, Credit, Engineering, Legal, and Compliance to drive strategic initiatives that support the growth of Robinhood Credit products.
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
- Manage debt funding operations. This includes preparation of legal documentation, monthly reporting on metrics, working with partner banks/investors on what is needed for deal compliance
- Manage customer account movement operations. Moving account receivables from the issuing bank to our mastertrust structure. Working with engineering to build out a smooth process for this. Also streamline the payment activity associated with this transition
- Build out daily settlement with key stakeholders: Work on building out a more efficient daily settlement procedure. This will evolve as we grow the business and more parties get involved
- Portfolio reporting and covenant management: Provide updates on key triggers for deals, and overall portfolio performance.
- Assist in acquiring new funding partners - Assist in the selection and onboarding of new funding partners
- Assist in key relationship management - work with external partners as needed to execute funding and operations
- Securitization readiness - build out process for securitization of cc receivables. This includes working with rating agencies, investors, etc. This will be new for Robinhood in 2025/2026
- Reporting requirements - Execute monthly reporting requirements and quarterly covenant certificates
What you bring
- 7+ years of experience in capital markets, corporate finance, or a related field, with a proven track record of establishing diversified funding sources for consumer asset classes (credit card experience preferred).
- Deep knowledge of financial markets, debt and equity instruments, and risk management practices.
- Experience in fintech, banking, or other regulated industries (preferred).
- Strong analytical and strategic thinking skills to assess market trends and drive data-informed decisions.
- Exceptional communication, negotiation, and presentation skills, with the ability to influence key stakeholders.
- Demonstrated success in building and maintaining relationships with institutional investors and financial institutions.
- Bachelor’s degree in Finance, Economics, or a related field (MBA or CFA designation preferred).
- Familiarity with regulatory requirements governing capital markets, including SEC, FINRA, and other applicable standards.
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
We use Covey as part of our hiring and / or promotional process for jobs in NYC and certain features may qualify it as an AEDT. As part of the evaluation process we provide Covey with job requirements and candidate submitted applications. We began using Covey Scout for Inbound on September 19, 2024.
Please see the independent bias audit report covering our use of Covey here.
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.
Click here to learn more about available Benefits, which vary by region and Robinhood entity.
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 embraces a diversity of backgrounds and experiences 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. Please review the specific Robinhood Privacy Policy applicable to the country where you are applying.