Senior Data Scientist, Brokerage
This job is no longer available.
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
Brokerage products are the bread and butter of Robinhood. The brokerage team is a fast-paced, dynamic, and innovative team. As a member of this cross-functional group, you will collaborate closely with partners in product, operations, engineering, to unlock the potential of our data and shape the future of the brokerage products.
We're looking for a dedicated, ambitious Senior Data Scientist to join our Brokerage Data Science team, focusing on risk modeling for leveraged trading product offerings. In this role, you will be building statistical and ML models, and ingrate the data driven solutions to drive growth of our brokerage businesses.
The role is located in the office location(s) listed on this job description which will align with our in-office working environment. Please connect with your recruiter for more information regarding our in-office philosophy and expectations.
What you’ll do
- Perform exploratory analysis to understand customers and their portfolios with leveraged trading products, including margin, options, futures, etc
- Design data and modeling solutions to estimate value of leveraged assets under different market environments using advanced statistical and machine learning models
- Partner closely with Product, Operations, Engineering to build and integrate model driven decision flow into business and product processes
- Assess model performance and associated business value by A/B experiment analysis and causal inference
- Communicate effectively the solution designs and data insights to cross functional partners and stakeholders
What you bring
- PhD in a quantitative field such as Applied Mathematics, Statistics, Economics or Engineering with 3+ years of industry experience building customer facing modeling solutions, or a Master’s degree with 5+ years of relevant experience
- Strong statistics and machine learning modeling skill
- Deep knowledge of how trading assets pricing works
- Passion to apply modeling and engineering skills to solve complex business problems
- Strong data wrangling skills to produce analytics insights by exploring large scale data sets using SQL and Spark
- Solid communication skills and ability to present sophisticated modeling insights clearly to non-technical audience
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
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:
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If our mission energizes you and you’re ready to build the future of finance, we look forward to seeing your application.
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 for your country of application.
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Perks and Benefits
Health and Wellness
- FSA
- Fitness Subsidies
- HSA With Employer Contribution
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Long-Term Disability
- Mental Health Benefits
Parental Benefits
- Fertility Benefits
- Adoption Assistance Program
Work Flexibility
- Work-From-Home Stipend
Office Life and Perks
- Company Outings
- Commuter Benefits Program
- Casual Dress
- Pet-friendly Office
- Happy Hours
- Snacks
- Some Meals Provided
- On-Site Cafeteria
Vacation and Time Off
- Leave of Absence
- Personal/Sick Days
- Paid Holidays
- Paid Vacation
- Volunteer Time Off
Financial and Retirement
- Company Equity
- 401(K) With Company Matching
- Stock Purchase Program
- Performance Bonus
Professional Development
- Learning and Development Stipend
- Promote From Within
- Lunch and Learns
- Work Visa Sponsorship
- Access to Online Courses
Diversity and Inclusion
- Diversity, Equity, and Inclusion Program
- Employee Resource Groups (ERG)
Company Videos
Hear directly from employees about what it is like to work at Robinhood.