Risk & Audit Senior Manager - Reporting & Regulatory Management

March 18, 2023
Offerd Salary:Negotiation
Working address:N/A
Contract Type:Other
Working Time:Negotigation
Working type:N/A
Ref info:N/A
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.

As we continue to build...

We're seeking curious thinkers looking to co-author the next chapters of our story. Joining now means helping shape our vision, structures and systems; playing a key-role as we launch into our ambitious future.

Check out life at Robinhood on The Muse!

About the team:

The Risk & Audit function provides independent, objective, reliable, valued and timely assurance regarding the effectiveness of governance, risk management, and internal controls that mitigate current and emerging risks and help strengthen the internal controls ecosystem.

The Risk & Audit team at Robinhood provides governance and oversight for the Company and across its regulated entities. The function also facilitates communication of risk management information between the regulated entities' RHM leadership, and the Company's Board of Directors and its Committees, strengthening the Company's risk management, internal controls, and governance.

About the role:

The preferred location for this position is in or around Robinhood's offices in Menlo Park or New York, with in-office work capabilities, as may be required by management, but remote work in limited geographies within the U.S. may be considered. Check with your recruiter for more information.

Robinhood Markets (RHM) is the parent company of various lines of business, including Brokerage, Crypto, and Cash services. We are looking for a Senior Manager to join the Risk & Audit Team at Robinhood.

Company Board, Management committees and executive reporting:

Own and continuously improve executive management reporting, geared toward the Senior Leadership teams and the Company Board of Directors. Support reporting deliverables toward committees and executive leadership in a timely manner and with a consistent standard. Partner with senior leadership to coordinate and manage the various types of executive reporting, scorecards, performance metrics, and as-needed ad hoc reports. Prepare complex information in a concise and executive-ready manner.

Regulatory and Exam Management activities:

The position will be responsible for supporting the department through the Regulatory and Exam Management activities. The scope of work includes coordination of internal requests (e.g., Legal, Compliance, Risk, Audit) during a variety of regulatory reviews (e.g: FINRA, DFS, SEC, regional regulators). This includes enabling transparency in exam schedules and status, developing metrics and management reporting, managing related initiatives, developing response content, and improving content delivery, communicating overviews via presentations, and preparing stakeholders for executive and regulatory meetings.

Quality assurance:

This position is responsible for monitoring, inspecting and proposing measures to enhance the department's deliverables in order to meet established quality standards. Their day-to-day work involves careful inspections and providing oversight on quality standards. Other essential duties and responsibilities in quality assurance include: troubleshooting quality issues; ensuring compliance with laws and regulations; documenting and rolling out quality guidance; and training and mentoring team members to enhance standards.

What you'll do day-to-day:

  • Assist Risk and Audit leadership with the development of strategy and departmental OKRs
  • Be responsible for executive reporting including coordination and development of presentation materials with cross functional leadership teams
  • Be the POC for the Risk and Audit teams during regulatory exams, including managing and preparing responses to regulator requests and preparing meeting presentations and materials
  • Partner on continuous development and enhancement audit methodology and frameworks related to internal and external quality assurance programs, establish consistent standards for audit execution while ensuring compliance with IIA requirements
  • Build collaborative and positive relationships with business and cross- functional partners
  • Build partnerships with other organizational lines of defense (i.e. Operations, Customer Experience, Finance, Compliance, etc).
  • Participate in ad hoc projects and initiatives that enhance the risk and control environment.
  • Gain product knowledge of Robinhood products, processes, and systems. Stay abreast of current industry standards.
  • About you:

  • Passion for Robinhood's products and our mission to democratize access to global financial systems
  • Bachelor's degree in relevant fields such as Legal, Risk Management, or Compliance.
  • Risk management, regulatory and compliance experience in brokerage, crypto currency, trading, and money services/payments
  • 7+ years of experience in a similar role in Legal, Risk Management or Compliance within a large and high growth company that provides financial products and services, and proven experience in project management and leading a group. Knowledge of regulatory matters and related exam experience is a plus
  • Strong demonstrated experience in managing executive reporting; communicating with C-team, Company Board and Regulators, and/ or auditors. Excellent interpersonal, leadership, organizational and communication (verbal and written) skills.
  • Strong attention to detail, organizational skills, and a commitment to ensuring that information provided is accurate, complete and to the highest standard
  • Ability to deliver on ad-hoc projects and learn new areas while supporting them.
  • Strong analytical skills, solid judgment, and the ability to evaluate complex business issues.
  • Ability to thrive in a fast-paced, deadline-driven environment, including by demonstrating excellent time management and planning skills.
  • Bonus points:

  • Masters degree or certification in a relevant field such as Legal, Compliance and/or Risk Management
  • Experience evaluating the design, effectiveness and regulatory requirements of processes and controls within a bank, broker-dealer, or similar financial institutions
  • CPA, CFA and /or CIA certifications, FINRA Series 7, 24
  • 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. You can view comp zones for our US office locations in the table below. For other locations not listed, compensation can be discussed with your recruiter during the interview process.

    Office locations (by comp zone) US Zone 1: Menlo Park, NYC, Seattle, Washington DC US Zone 2: Denver, Westlake (Dallas), Chicago US Zone 3: Lake Mary

    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. If you are an an applicant located in the UK or EEA, please visit the Robinhood UK/EEA Applicant Privacy Policy.

    Click here to learn more about Robinhood's Benefits.

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