Staff Product Manager, Banking

Description

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.

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. 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. We’re a high-performing, fast-moving team with ethics at the center of everything we do. Expectations are high, and so are the rewards.

The Money and Banking team’s mission is to design and scale the next generation of financial products that help our customers manage and grow their daily funds. We build products like the Gold card and our core banking features to help transition customers from standard brokerage services to comprehensive, primary banking accounts. Our team focus lies in increasing customer retention and profitability through strategic product initiatives such as early wage access and enhanced cash deposit options. We work alongside engineering, design, legal, and compliance teams to deliver highly secure, regulated financial services that our customers trust. We are dedicated to building a seamless, high-value consumer banking platform that serves millions of users!

Robinhood's Money team is building the next generation of banking and spending products for all Americans. Our team members drive never-before-seen products and features from concept to launch to hyperscale. As a Product Manager, you will play a central role in shaping the future of our core banking product and the broader platform that powers it. You'll help define the systems, capabilities, and product foundations that enable new banking experiences, while partnering cross-functionally to bring products from concept through launch and scale.

As Staff Product Manager, Money, you will guide the development of our consumer-facing banking experience from the early stages to massive scale. You will define the roadmap for our product-led growth initiatives, focusing on increasing core metrics like funded account creation and direct deposit enrollment. In this position, you will lead the execution of key consumer features that help reduce user churn and improve funding rates. You will partner closely with engineering leads, finance partners, and compliance experts to launch secure, highly compliant features. This is a rare opportunity to own a critical part of the Robinhood banking roadmap and build zero-to-one consumer products!

This role is based in our Menlo Park, CA or New York, NY office(s), 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.

This role is based in our Menlo Park, CA, New York, NY, and Washington, DC 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.

Responsibilities

• Lead a team of engineers, designers, researchers, data scientists, and operators to better understand customers and their most pressing needs
• Establishing a product vision and shared set of priorities across the team and the company, which meet the most important needs of our customers
• Collaborate with cross functional stakeholders such as legal, compliance, operations, finance, and customer success to ensure products are built the right way
• Drive execution from concept through launch, including defining success metrics and iterating based on results
• What you bring
• Bachelor’s, Master's, or equivalent experience
• At least 5 years of direct product management experience building high-quality consumer products; 7+ years preferred
• Superb product and business sense
• Excellent analytical and communication skills
• A strong sense of urgency and speed, with the ability to manage multiple priorities in a fast-moving environment
• High standards and a strong work ethic - you always bring your best and expect your colleagues to do the same
• Delight in bringing innovation and impact to customers, particularly in complex and dynamic environments
• Experience in fintech products is a plus, but not required

Benefits

• 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
• 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)
• $191,000 - $225,000 USD
• Zone 2 (Denver, CO; Westlake, TX; Chicago, IL)
• $168,000 - $198,000 USD
• Zone 3 (Lake Mary, FL; Clearwater, FL; Gainesville, FL)
• $150,000 - $176,000 USD
• Click here 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.