Underwriting Operations Lead

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. 

Robinhood is building out its firm-commitment underwriting capability to manage and co-manage IPOs and follow-on equity offerings, while continuing to operate an established distribution channel that brings new issues to Robinhood's retail customers. This role is the firm's registered representative across both functions — overseeing firm-commitment underwriting activity and the distribution of new issues to retail customers — responsible for daily processing, compliance controls, and regulatory engagement across the end-to-end lifecycle of a deal.

You will guide deal execution from due diligence through pricing, allocation, and settlement on the underwriting side. You'll ensure all activity meets regulatory and internal standards across both sides of the deal. This role partners closely with Compliance, Finance, and Trading Operations to support successful execution while maintaining strong supervisory practices.

This role is based in our Chicago, IL, Denver, CO, Lake Mary, FL, or New York, NY office(s), with in-person attendance expected at least 5 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. 

What you’ll do

• Serve as a delegate principal under FINRA Rule 3110, maintaining Written Supervisory Procedures and approving key stages of each offering
• Assist with supervising the firm's participation as a distribution participant on new-issue offerings, including allocation methodology, communications standards, and fair-dealing practices under FINRA Rules 5130 and 5131
• Serve as subject-matter expert for the selection, build, or buy decision on the firm's underwriting operations stack
• Oversee operational execution of firm-commitment underwriting from due diligence through settlement, including syndicate activity and co-manager arrangements
• Partner with Compliance, Finance, and Operations to ensure accurate reporting, regulatory filings, and readiness for review

What you bring

• You hold FINRA Series 24 and Series 79 licenses
• You have 4–7 years of experience in equity underwriting operations, investment banking compliance, or capital markets
• You demonstrate knowledge of FINRA Rules 5110, 5130, 5131, and 3110 in practical application
• You have experience supervising retail distribution of new issues or selling-group activity — or equivalent exposure to allocation governance and communications supervision
• You bring strong experience in compliance operations, reporting, and supervisory program management

What we offer

• 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.