About the company

Robinhood is democratizing our financial system. We offer commission-free* investing and trading. Investing in stocks, ETFs and options is offered through Robinhood Financial LLC. Cryptocurrency* trading is offered through Robinhood Crypto, LLC. Robinhood Financial, our broker-dealer, is a fast-growing brokerage firm with millions of users and billions of dollars in transaction volume. Robinhood* is based in Menlo Park, California, Lake Mary, Florida and London, UK. 

*Relevant SEC and FINRA or other fees may still apply. Please see Robinhood’s Fee Schedule at https://about.Robinhood.com/legal. Robinhood Crypto is not a member of FINRA or SIPC. Cryptocurrencies are not stocks and your cryptocurrency investments are not protected by either FDIC or SIPC insurance. Robinhood means Robinhood Markets, Inc. and its subsidiaries, including Robinhood Financial LLC (member SIPC), Robinhood Crypto, LLC, and Robinhood International, Ltd.

About the Role

The Fraud Operations Manager will be responsible for designing and running fraud operations at Robinhood. This includes implementing scalable processes and identifying potential areas of fraud vulnerability. This manager will handle escalations from cross-functional teams and will coordinate with our Security and Data teams to identify and implement fraud prevention systems.

As a Fraud Operations Manager you will:

  • Build and manage a fraud operations team.
  • Design fraud identification, prevention and resolution processes.
  • Manage the team towards agreed upon service level agreements for fraud resolution time and customer satisfaction.
  • Develop and implement process improvements to increase quality and scalability.
  • Investigate and resolve customer reported fraud claims within established Service Level Agreements
  • Create and update metrics and reporting dashboards for all levels of management
  • Internal testing fraud prevention and communicating trends and findings to AML Director

Some things we consider critical to being a Fraud Operations Manager:

  • Bachelor s Degree or equivalent work experience
  • 8+ years working in fraud operations
  • Strong understanding of brokerage operation (or financial services) and compliance functions
  • Superior expertise, investigative skills and working knowledge of BSA, AML, USA Patriot Act, OFAC, Reg S-ID and privacy laws as they apply to financial institutions
  • Self-starter with ability to work independently
  • Good communication and strong analytical skills
  • Ability to effectively manage a team and multiple priorities

Nice to haves:

FINRA Series 7, series 24, Certified Anti-Money Laundering Specialist (CAMS) designation, Certified Fraud Examiner (CFE) and/or Certified Financial Crime Specialist (CFCS)

Management experience over some aspect of brokerage operations, compliance and controls, SQL, Python

 

Note to Recruiters and Placement Agencies: Robinhood does not accept unsolicited agency resumes. Robinhood does not pay placement fees for candidates submitted by any agency other than its approved partners.

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