Securities Lending Operations Associate

Robinhood

Lake Mary, FL, US / Westlake, TX, US
  • Job Type: Full-Time
  • Function: Accounting/Finance
  • Industry: Consumer
  • Post Date: 06/23/2022
  • Website: robinhood.com
  • Company Address: , Menlo Park, California 94025, US

About Robinhood

Robinhood was founded on a simple idea—that our financial markets should be accessible to all. In an industry where barriers have prevailed for too long, this hasn’t always been easy. We’re leveling the playing field by making trading more intuitive, more affordable, and more inclusive to ensure that everyone, regardless of wealth or industry knowledge, feels empowered to participate in the financial system.

Job Description

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.

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 competitive products and company culture we’ve built and have been recognized as:

  • Forbes Fintech 50 2021
  • Glassdoor Best Places to Work 2021 
  • Inc. Best-Led Companies 2021
  • TIME 100 Most Influential Company 2021

We’re growing and looking for...

We continue to hire Robinhoodies at a rapid pace to drive this journey, and with that growth comes necessary change. We’re seeking culture builders and curious thinkers looking to co-author the next chapters of our story. We’re in build mode, majorly expanding our team while also growing up as a company. Joining now means helping shape our structures and systems, then taking part as we launch into our ambitious future.

Check out life at Robinhood on The Muse!

About the team:

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. The candidate will implement our securities lending middle-office areas: new account onboarding, securities lending trade processing and settlements, buy ins, recalls, call-backs, fully paid program (tracking, compliance, payment) and regulatory reporting. The candidate will also process operational issues, new strategy implementation and product offerings. They will be responsible for mitigating regulatory risk and for compliance with Firm policy, SEC rules, and FINRA regulations. The candidate will also work cross-functionally to champion a compliant culture and business.

What you’ll do day-to-day:

  • 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
  • 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

About you:

  • 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
  • FINRA Series 7 or 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 Robinhood - US Applicant Privacy Policy.

Robinhood's benefits include generous time off, 401(k) participation with employer match, comprehensive health coverage, a health savings account (HSA), wellness benefits, backup childcare and education stipends (all benefits are subject to applicable taxes and based on eligibility).

Robinhood is a primarily remote company. If hired, you will work as a remote employee unless the job you are applying for has a different working model specified. Please reach-out  to your recruiter if you have any questions regarding the job’s working model.

We use cookies to customize your user experience. Click “Agree” if you agree with our Policy.