Risk Management Strategist

1 month ago


Chicago, Illinois, United States Robinhood Full time
About the Role

Robinhood is seeking a highly skilled Brokerage Risk Program Manager to join our team. As a key member of our Brokerage Risk Management Department, you will play a crucial role in overseeing the comprehensive risk management frameworks of our brokerages.

The ideal candidate will have a deep understanding of broker-dealer operations and a passion for risk management. You will be responsible for spearheading strategic risk initiatives, conducting data analytics to support risk mitigation efforts, and designing, implementing, and managing sophisticated risk programs.

As a Brokerage Risk Program Manager, you will work closely with cross-functional teams to conduct risk assessments, perform control testing, lead risk event retrospectives, and manage issues from identification to resolution.

You will also be responsible for designing, developing, and overseeing risk indicators, operational controls, and risk alerts and dashboards to ensure continuous monitoring and supervision of risk exposures.

Additionally, you will utilize data analytics to drive strategic risk initiatives and prepare materials for business risk reviews and risk committee meetings.

What You'll Do
  • Collaborate with cross-functional teams to conduct risk assessments, perform control testing, lead risk event retrospectives, and manage issues from identification to resolution.
  • Design, develop, and oversee risk indicators, operational controls, and risk alerts and dashboards to ensure continuous monitoring and supervision of risk exposures.
  • Utilize data analytics to drive strategic risk initiatives and prepare materials for business risk reviews and risk committee meetings.
  • Lead and facilitate meetings with working groups, ensuring effective communication and collaboration at all organizational levels.
  • Enhance the operational control function by ensuring the integrity and accuracy of internal firm account activities.
  • Develop integration solutions for brokerage risk activities to the GRC platform and train partners to use the platform independently.
  • Independently conduct risk analytics, build dashboards, and develop automation solutions to streamline risk management processes.
What You Bring
  • 7+ years of hands-on experience in Broker Dealer Operations, Risk Management, and Data Analytics.
  • SIE, Series 7, and Series 24 (or ability to obtain within 6 months)
  • Deep knowledge of broker-dealer operations and a passion for risk management.
  • Proven program management skills, with the ability to implement operational improvements and manage comprehensive risk management programs.
  • Proficient ability to proactively identify and address potential risks, showing initiative in designing and executing risk management strategies.
  • Technical competencies to conduct data analysis, build dashboards, and develop automated solutions, including proficiency in SQL, Python, and data visualization tools.
  • Excellent collaboration and communication skills, ensuring senior leadership is consistently informed of key risk information.
  • History of continuous learning and staying up to date on industry trends and practices.
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


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