Opportunity at
RobinhoodSenior Underwriting Associate
Robinhood seeks a Senior Underwriting Associate to join its team on-site in Chicago. The company is focused on democratizing finance and building infrastructure for firm-commitment underwriting,…
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About This Role
Robinhood seeks a Senior Underwriting Associate to join its team on-site in Chicago. The company is focused on democratizing finance and building infrastructure for firm-commitment underwriting, managing and co-managing public equity offerings while distributing new issues to retail customers. This position acts as the registered representative across these operations, directing transaction lifecycles from due diligence to settlement. The role suits a professional with a background in capital markets, equity underwriting…
Job Description
Robinhood seeks a Senior Underwriting Associate to join its team on-site in Chicago. The company is focused on democratizing finance and building infrastructure for firm-commitment underwriting, managing and co-managing public equity offerings while distributing new issues to retail customers. This position acts as the registered representative across these operations, directing transaction lifecycles from due diligence to settlement.
The role suits a professional with a background in capital markets, equity underwriting operations, or investment banking compliance. Responsibilities include managing daily processing, maintaining compliance controls, engaging with regulators, and supervising retail distribution under relevant FINRA rules. The selected candidate will collaborate closely with Compliance, Finance, and Trading Operations teams.
This is a full-time, on-site position requiring attendance five days per week at the company office. Robinhood offers a performance-driven compensation structure that includes bonuses, equity ownership, 401(k) matching, fully paid health insurance for employees with partial coverage for dependents, lifestyle spending wallets, fertility and mental health benefits, life and disability insurance, paid time off, and catered meals.
Responsibilities
- Act as a delegate principal under FINRA Rule 3110 to maintain Written Supervisory Procedures and approve key stages of offerings
- Supervise retail distribution participation on new-issue offerings, covering allocation methodologies and fair-dealing practices under FINRA Rules 5130 and 5131
- Act as subject-matter expert for selecting or building the firm underwriting operations stack
- Manage operational execution for firm-commitment underwriting from due diligence through settlement, including syndicate activities and co-manager arrangements
- Collaborate with Compliance, Finance, and Operations groups to support accurate reporting and regulatory filings
Requirements
- Possess 4 to 7 years of professional experience in equity underwriting operations, capital markets, or investment banking compliance
- Demonstrate practical knowledge of FINRA Rules 5110, 5130, 5131, and 3110
- Bring background in compliance operations, reporting, and supervisory program management
- Work on-site in the Chicago office five days per week
Qualifications
- Hold a FINRA Series 79 license
- Hold a FINRA Series 24 license
Core Skills
Benefits
- Performance-driven compensation with multipliers and bonus programs
- Equity ownership and 401(k) matching
- Health insurance fully covered for employees and 90% covered for dependents
- Lifestyle wallet for wellness and learning expenses
- Employer-paid life and disability insurance
- Fertility and mental health benefits
- Paid time off, sick leave, company holidays, and parental leave
- On-site perks including catered meals and events
Frequently Asked Questions
What is the employment type for this role?
This position is full-time.
Is this position remote?
No, this role requires on-site attendance at least five days per week.
What licenses are required or preferred?
Candidates must hold a FINRA Series 79 license, and holding a Series 24 license is strongly preferred.
What is the salary for this position?
The specific salary is not stated in the source posting, though base pay ranges for Chicago are listed between $131,000 and $154,000 as part of Zone 2 compensation.
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