Senior Data Scientist, Quantitative Investing

Robinhood was founded on a simple idea: that our financial markets should be accessible to all. With customers at the heart of our decisions, Robinhood is lowering barriers and providing greater access to financial information. Together, we are building products and services that help create a financial system everyone can participate in.

Just as we focus on our customers, we also strive to create an inclusive environment where our employees can thrive and do impactful work. We are proud of the competitive products and company culture we continue to build and have been recognized as:

• Glassdoor Best Places to Work 2020
• TIME100 Most Influential Companies 2021
• Fortune Best Workplaces in Financial Services & Insurance™ 2021 and Fortune Best Workplaces for Millennials™ 2021

We’re growing and looking for...

We continue to hire Robinhoodies at a rapid pace to drive this journey, and with that growth comes necessary change. We’re seeking culture builders and curious thinkers looking to co-author the next chapters of our story. We’re in build mode, majorly expanding our team while also growing up as a company. Joining now means helping shape our structures and systems, then taking part as we launch into our ambitious future.

Check out life at Robinhood on The Muse!

About the team:

As a Sr. Data Scientist - Quantitative Investing, you would help democratize access to quantitative investing for all investors. You will use mathematical and statistical modeling to prototype, test, and analyze the models behind our investing products. In this role, you will be responsible for deriving financial insights from data and research, developing products with these insights, and helping our users navigate their personal finance journey.

What you’ll do day-to-day:

• Design and implement asset allocation and portfolio management strategies for both goal-based and lifecycle investing
• Perform backtesting and market simulations to calibrate and validate investing algorithms and parameters
• Build algorithmic advice models that provide users with tailored plans to achieve their financial goals, such as retirement
• Investigate and design tax overlay strategies, such as tax loss harvesting
• Work with multi-functional teams including Product, Research, Design, and Engineering to test and implement new product ideas that empower our users' financial decisions and deliver financial insights to customers in delightful, understandable ways.

About you:

• 3+ years of quantitative investment experience in the financial industry, ideally at a large asset management firm or fintech
• Masters or PhD in a quantitative field such as finance, economics, mathematics, and statistics
• Experience with building statistical and mathematical models with financial datasets across different asset classes
• Proficiency in Python or R
• Experience writing production-quality, scalable, efficient code for reliable testing
• Strong communication skills and ability to present sophisticated quantitative research clearly

Bonus points:

• Passion for working and learning in a fast-growing company
• Thrive to make financial knowledge more accessible and build world-class user-focused investing products.

We’re looking for more growth-minded and collaborative people to be a part of our journey in democratizing finance for all. If you’re ready to give 100% in helping us achieve our mission—we’d love to have you apply even if you feel unsure about whether you meet every single requirement in this posting. At Robinhood, we're looking for people invigorated by our mission, values, and drive to change the world, not just those who simply check off all the boxes.

Robinhood promotes diversity and provides equal opportunity for all applicants and employees. We are dedicated to building a company that represents a variety of backgrounds, perspectives, and skills. We believe that the more inclusive we are, the better our work (and work environment) will be for everyone. Additionally, Robinhood provides reasonable accommodations for candidates on request and respects applicants' privacy rights. To review Robinhood's Privacy Policy please visit rbnhd.co/applicant-privacy.

Robinhood's benefits include generous time off, 401(k) participation with employer match, comprehensive health coverage, a health savings account (HSA), wellness benefits, backup childcare and education stipends (all benefits are subject to applicable taxes and based on eligibility).