Senior Product Manager, Capital Markets

Job description

## Join us in building the future of finance. Our mission is to democratize finance for all. [An estimated $124 trillion of assets](https://www.cerulli.com/press-releases/cerulli-anticipates-124-trillion-in-wealth-will-transfer-through-2048) will be inherited by younger generations in the next two decades. The largest transfer of wealth in human history. If you’re ready to be at the epicenter of this historic cultural and financial shift, keep reading. # Senior Product Manager, Capital Markets ## Join us in building the future of finance. Our mission is to democratize finance for all. An estimated $124 trillion of assets will be inherited by younger generations in the next two decades. The largest transfer of wealth in human history. If you're ready to be at the epicenter of this historic cultural and financial shift, keep reading. ## About the team + role We are building an elite team, applying frontier technologies to the world's biggest financial problems. We're looking for bold thinkers, sharp problem-solvers and builders who are wired to make an impact. Robinhood isn't a place for complacency, it's where ambitious people do the best work of their careers. Private markets have been closed to everyday investors for decades. The Capital Markets team is opening them. As the Product Manager for this team you will own the products that give retail investors access to companies before they reach the public markets including: 1. IPO Access, which distributes pre-IPO share allocations to our customers 2. Robinhood Ventures, our family of publicly traded funds holding direct positions in the world’s best private companies 3. New products you will define to give investors direct access to individual private companies and alternative investments. As a Senior Product Manager on Capital Markets, you will own these product lines end to end and help shape where all three go next. You’ll own the strategy and products that help everyday investors access IPOs, Private Companies, Alternatives and more. You'll work with our top tier engineers, designers, researchers, data scientists, and investing team to ship industry-changing products that revolutionize access to private markets. Today private markets are the largest category of assets ordinary investors cannot touch. This is a chance to change that. This role is based in our Menlo Park, CA or New York, NY offices, with in-person attendance expected at least 3 days per week. At Robinhood, we believe in the power of in-person work to accelerate progress, spark innovation, and strengthen community. Our office experience is intentional, energizing, and designed to fully support high-performing teams. ## What you'll do - Own the strategy, roadmap, and execution for one of the Capital Markets product lines - IPO Access, Robinhood Ventures, or single-asset private offerings - and contribute to the strategy across all three - Lead 0-1 launches, including the in-app experience for investing in a single private asset and the discovery surfaces that make private markets navigable for a first-time investor - Translate ambiguous regulatory, operational, and partner requirements into clear, dependable customer experiences, working shoulder to shoulder with legal, compliance, and operations - Build and manage relationships with external partners - issuers, underwriters, fund administrators, and infrastructure vendors - so that a shared product actually ships - Set the quality bar for a product line where a confusing flow costs customers real money and real trust - Use research, experimentation, and product analytics to decide what to build, and to prove what worked - Communicate strategy, tradeoffs, and the reasoning behind them to senior leadership ## What you bring - 5+ years of product management experience building and shipping high-quality consumer or consumer fintech products - A track record of shipping 0-1 products at scale, beyond prototypes and pilots - Comfort with financial products that carry genuine complexity - you can become an expert in a new instrument, offering structure, or regulatory regime quickly. - Experience working with legal, compliance, operations, or other regulated-product stakeholders, and the judgment to know when to push and when to redesign - Experience working with 3rd-party partners on large-scale projects to deliver a shared product - Strong product judgment and the ability to turn an ambiguous opportunity into a clear strategy, roadmap, and execution plan - Ability to operate in unclear, 0-1 situations while sustaining a high quality bar under real time pressure - Demonstrated history of using research, experimentation, and analytics to guide decision making - Clear communication and relationship management skills, with experience influencing across highly cross-functional teams and with external partners - Passion for Robinhood's mission to democratize finance for all, and excitement about opening an asset class that has been closed to most investors - Experience and proficiency building through the latest AI tools such as Claude Code, Gemini, Cursor, or ChatGPT - Nice to have - familiarity with private markets or alternatives - closed-end funds, BDCs, interval funds, SPVs, Reg D offerings, or the IPO / ECM process. ## **What we offer** - Challenging, high-impact work to grow your career - Performance driven compensation with multipliers for outsized impact, bonus programs, and equity ownership - Top tier benefits to fuel your work, including supplemental health insurance, ancillary insurance, and mental health support programs - Lifestyle wallet - a highly flexible employer-paid benefits spending account expenses beyond traditional benefits such as wellness, childcare, learning, and more. - Time off to recharge including company holidays, paid time off, sick time, paid volunteer time off, parental leave, and more! - Exceptional office experience with catered meals, events, and comfortable workspaces. - Monthly commuter stipend to help offset in-office commuting costs Our team is committed to providing an inclusive and welcoming interview experience for all candidates. If you require a specific accommodation during the application or interview process due to a physical or mental condition, please complete this [Applicant Accommodation Form](https://robinhood.hracuity.net/webform/index/752875e4-42ba-4dff-9951-fd51e315997e) to notify our team. The form should only be completed if you need a specific accommodation. **AI Usage Disclosure:** Robinhood uses artificial intelligence (AI) tools to support parts of our recruiting process. These tools enhance the efficiency and consistency of our hiring process; however, all hiring decisions are made by our hiring teams. **Vacancy Notice:** This job posting represents an existing vacancy that we are actively seeking to fill. **In addition to the base pay range listed below, this role is also eligible for bonus opportunities + equity + benefits.** 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 base pay range for this role is based on the location where the work will be performed and is aligned to one of 3 compensation zones. For other locations not listed, compensation can be discussed with your recruiter during the interview process. Base Pay Range: Zone 1 (Menlo Park, CA; New York, NY; Bellevue, WA; Washington, DC) $166,000—$195,000 USD Zone 2 (Denver, CO; Westlake, TX; Chicago, IL) $146,000—$172,000 USD Zone 3 (Lake Mary, FL; Clearwater, FL; Gainesville, FL) $129,000—$152,000 USD Click [here](https://careers.robinhood.com/benefits) to learn more about our Total Rewards, which vary by region and entity. If our mission energizes you and you’re ready to build the future of finance, we look forward to seeing your application. **AI Usage Disclosure:** Robinhood uses artificial intelligence (AI) tools to support parts of our recruiting process. These tools enhance the efficiency and consistency of our hiring process; however, all hiring decisions are made by our hiring teams. Robinhood provides equal opportunity for all applicants, offers reasonable accommodations upon request, and complies with applicable equal employment and privacy laws. Inclusion is built into how we hire and work—welcoming different backgrounds, perspectives, and experiences so everyone can do their best. Please review the [Privacy Policy](https://careers.robinhood.com/applicantprivacypolicy) for your country of application.