What are the responsibilities and job description for the Director, Capital Markets position at Robinhood?
About the team role
At Robinhood, our mission is to democratize finance for all. The Capital Markets team plays a critical role in supporting this vision by ensuring the company has the financial resources and market access needed to grow, innovate, and manage risk. As the Director of Capital Markets , you will lead our efforts to access, manage, and optimize funding channels for our credit products while building and maintaining positive relationships with investors, financial institutions, and market participants. Reporting to our Corporate Treasurer, you will work cross-functionally with teams such as Treasury, Finance, Credit, Engineering, Legal, and Compliance to drive critical initiatives that support the growth of Robinhood Credit products.
What you’ll do
- Lead capital market efforts to support growth of Robinhood’s credit card business, including structuring, negotiating and executing on warehouse lending facilities, establishing forward flow arrangements, and enabling the capabilities for securitization issuance program.
- Cultivate relationships with investment banks, institutional investors, and other capital providers to establish diversified funding sources for credit card receivables and optimize cost of funding.
- Collaborate with Treasury, Finance, Credit, Engineering and Legal to ensure seamless execution of capital market initiatives.
- Establish and oversee a scalable Credit Card Operations team with the responsibility of improving daily settlement process across financing vehicles, managing customer account movement process between issuing bank and master trust facility, creating a data platform to track performance of collateral allocated to master trust facilities, covenant management, and monthly reporting.
- Prepare and deliver presentations to the board and senior leadership, providing insights and recommendations on financial strategies and capital market activities that support the central initiatives of Robinhood’s Credit Card product.
- Stay informed about market trends, competitor activities, and regulatory developments to proactively adapt the company’s credit card funding strategy.
- Ensure all capital market activities comply with regulatory requirements, collaborating with legal and compliance teams to maintain transparency and meet reporting standards.
What you bring
What we offer
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