Data Scientist for Financial Innovation

20 hours ago


Menlo Park, California, United States Robinhood Full time
Company Overview
Rise to the challenge of democratizing finance with Robinhood, a pioneering fintech company. Our mission is to make financial markets accessible to all.

Compensation and Benefits
The successful candidate can expect a salary range of $187,000-$220,000 USD in Zone 1 (Menlo Park, CA; New York, NY; Bellevue, WA; Washington, DC) or a comparable package in other locations, depending on experience and qualifications. Additionally, we offer a market competitive bonus plan, equity participation, and comprehensive benefits, including 100% paid health insurance for employees and 90% coverage for dependents.

About the Role
We are seeking a Senior Data Scientist to join our dynamic Brokerage Data Science team. As a key member of this cross-functional group, you will collaborate closely with partners in product, operations, and engineering to unlock the potential of our data and shape the future of our brokerage products.

Main Responsibilities
  • Perform exploratory analysis to identify growth opportunities that can move core business metrics.
  • Design data and modeling solutions leveraging advanced statistical methods, machine learning, and quantitative finance models to price securities and assess risk of leveraged trading products.
  • Partner closely with Product, Operations, Engineering to build and integrate model-driven decision flow into business processes.
  • Conduct post-launch analysis to evaluate model performance and associated business value.
  • Communicate effectively the solution designs and data insights to cross-functional partners and stakeholders.

Requirements and Qualifications
To succeed in this role, you should have a PhD in a quantitative field such as Mathematics, Statistics, or Engineering with 3+ years of relevant work experience, or a Master's degree with 5+ years of relevant work experience. You must also have strong passion to apply modeling and engineering skills to solve complex business problems, strong data wrangling skills, and proven ability in applying statistical methods, predictive modeling, and optimization algorithms in solving business problems.

Your Future at Robinhood
As a dedicated member of our team, you will be part of a fast-paced, dynamic environment where innovation and collaboration thrive. We are committed to building a company that represents a variety of backgrounds, perspectives, and skills. If you're ready to take your career to the next level, apply now and join our journey to democratize finance for all.

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