Product Compliance Manager, Banking

RobinhoodMenlo Park, CA
10h$123,000 - $145,000Onsite

About The Position

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. 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 Robinhood Money team is responsible for building and scaling banking products that help customers safely store, move, and manage their money. The team partners closely with product, engineering, legal, operations, and external bank partners to deliver compliant, reliable, and customer-first financial solutions. As a Banking Product Compliance Manager, you will manage and scale a compliance program that supports Robinhood’s expanding suite of banking products. You will develop and execute compliance strategies across deposit and related money services, serve as a key point of contact with bank partners and regulators, and help embed compliance-by-design principles throughout the product lifecycle. This role plays a critical part in enabling responsible product growth while meeting state and federal regulatory expectations. This role is based in our Menlo Park, CA or New York City, NY office, with in-person attendance expected at least 4 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.

Requirements

  • 5+ years of experience in financial services compliance, with deep experience in banking and fintech environments
  • Hands-on experience working with bank partners and engaging with state and federal regulatory agencies
  • Strong knowledge of applicable regulatory frameworks, including Unfair, Deceptive, or Abusive Acts or Practices (UDAAP), the Electronic Fund Transfer Act (EFTA), the Truth in Savings Act (TISA), and money transmission laws
  • Demonstrated ability to design and scale compliance programs for consumer financial products in a high-growth, technology-driven environment
  • Ability to navigate ambiguity, apply sound judgment, and communicate clearly on complex regulatory and product issues
  • Alignment with Robinhood’s mission to expand access to the U.S. financial system

Responsibilities

  • Scale and oversee a compliance program supporting Robinhood’s banking products, including money transmitter compliance, consumer protection requirements, and regulatory and bank partner reporting
  • Lead regulatory, partner, and internal audits related to banking products, including preparation, response coordination, and remediation tracking
  • Partner closely with product and engineering teams to support the design, launch, and iteration of new banking features while integrating compliance requirements early in development
  • Own, maintain, and continuously improve banking compliance policies, procedures, and controls to align with internal standards and external regulatory and partner expectations

Benefits

  • Challenging, high-impact work to grow your career.
  • Performance-driven compensation with multipliers for outsized impact, bonus programs, equity ownership, and 401(k) matching.
  • Best-in-class benefits to fuel your work, including 100% paid health insurance for employees with 90% coverage for dependents.
  • Lifestyle wallet — a highly flexible benefits spending account for wellness, learning, and more.
  • Employer-paid life & disability insurance, fertility benefits, and mental health benefits.
  • Time off to recharge including company holidays, paid time off, sick time, parental leave, and more!
  • Exceptional office experience with catered meals, events, and comfortable workspaces.
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