Robinhood Logo

Robinhood

Senior Underwriting Associate

Reposted One Month Ago
Be an Early Applicant
In-Office
Chicago, IL, USA
149K-175K Annually
Senior level
In-Office
Chicago, IL, USA
149K-175K Annually
Senior level
Lead firm-commitment underwriting operations and retail new-issue distribution, ensuring compliance with FINRA rules across deal lifecycle. Supervise due diligence, pricing, allocation, settlement, WSPs, and reporting while partnering with Compliance, Finance, and Trading Operations. Advise on underwriting operations technology and maintain supervisory controls.
The summary above was generated by AI
Join us in building the future of finance.

Our mission is to democratize finance for all. An estimated $124 trillion of assets will be inherited by younger generations in the next two decades. The largest transfer of wealth in human history. If you’re ready to be at the epicenter of this historic cultural and financial shift, keep reading.

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 79 licenses (Series 24 strong preferred as well)
  • 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.

In addition to the base pay range listed below, this role is also eligible for bonus opportunities + equity + benefits.

Base pay for the successful applicant will depend on a variety of job-related factors, which may include education, training, experience, location, business needs, or market demands. The expected base pay range for this role is based on the location where the work will be performed and is aligned to one of 3 compensation zones. For other locations not listed, compensation can be discussed with your recruiter during the interview process.

Base Pay Range:

Zone 1 (Menlo Park, CA; New York, NY; Bellevue, WA; Washington, DC)
$149,000—$175,000 USD
Zone 2 (Denver, CO; Westlake, TX; Chicago, IL)
$131,000—$154,000 USD
Zone 3 (Lake Mary, FL; Clearwater, FL; Gainesville, FL)
$116,000—$137,000 USD

Click here to learn more about our Total Rewards, which vary by region and entity.

If our mission energizes you and you’re ready to build the future of finance, we look forward to seeing your application.

Robinhood provides equal opportunity for all applicants, offers reasonable accommodations upon request, and complies with applicable equal employment and privacy laws. Inclusion is built into how we hire and work—welcoming different backgrounds, perspectives, and experiences so everyone can do their best. Please review the Privacy Policy for your country of application.

Robinhood Chicago, Illinois, USA Office

Chicago, IL, United States

Similar Jobs

17 Minutes Ago
Hybrid
165K-165K Annually
Entry level
165K-165K Annually
Entry level
Digital Media • Gaming • Software • Esports • Automation
Leads and grows the US data science capability while remaining hands-on with coding, machine learning model development, deployment, and MLOps. Mentors data scientists and machine learning engineers, establishes workflows and standards, translates business problems into scalable solutions, and partners with product, data, and UK-based teams. The role emphasizes rapid delivery, production-grade systems, stakeholder communication, and Google Cloud-based model automation, monitoring, and deployment.
Top Skills: Ci/CdDockerGoogle BigqueryGoogle Cloud PlatformKafkaKubernetesMlopsNumpyPandasPythonScikit-LearnSQLVertex AiVertex Ai EndpointsVertex Ai PipelinesVertex Ai WorkbenchXgboost
30 Minutes Ago
Hybrid
15-24 Hourly
Junior
15-24 Hourly
Junior
eCommerce • Fashion • Retail • Sales • Wearables • Design
Represents Coach on the sales floor by delivering personalized luxury-retail service, building client relationships, meeting sales goals, and using omnichannel selling tools. Responsibilities include styling customers, cross-selling, clienteling, processing transactions, handling inventory, replenishing merchandise, supporting visual merchandising, maintaining stockroom organization, and collaborating with teammates. The role requires flexible scheduling, physical retail work, strong communication, and the ability to use POS and mobile technology.
Top Skills: Clienteling ToolsIpadLaptopMobile PosPosShort-Form VideoSocial Selling Platforms
An Hour Ago
Remote or Hybrid
USA
41K-83K Annually
Mid level
41K-83K Annually
Mid level
Machine Learning • Payments • Security • Software • Financial Services
Provides enterprise technology support through phone, ticketing, and potentially chat channels. Troubleshoots hardware, software, network, access, and application issues; manages incidents and escalations; documents resolutions in ServiceNow or similar ITSM tools; analyzes trends and operations data; supports knowledge management, training, process improvement, and automation; and coaches junior analysts while maintaining customer service, security, and confidentiality standards.
Top Skills: Call Center TechnologiesHardware InfrastructureItsmNetworkingServicenow

What you need to know about the Chicago Tech Scene

With vibrant neighborhoods, great food and more affordable housing than either coast, Chicago might be the most liveable major tech hub. It is the birthplace of modern commodities and futures trading, a national hub for logistics and commerce, and home to the American Medical Association and the American Bar Association. This diverse blend of industry influences has helped Chicago emerge as a major player in verticals like fintech, biotechnology, legal tech, e-commerce and logistics technology. It’s also a major hiring center for tech companies on both coasts.

Key Facts About Chicago Tech

  • Number of Tech Workers: 245,800; 5.2% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: McDonald’s, John Deere, Boeing, Morningstar
  • Key Industries: Artificial intelligence, biotechnology, fintech, software, logistics technology
  • Funding Landscape: $2.5 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Pritzker Group Venture Capital, Arch Venture Partners, MATH Venture Partners, Jump Capital, Hyde Park Venture Partners
  • Research Centers and Universities: Northwestern University, University of Chicago, University of Illinois Urbana-Champaign, Illinois Institute of Technology, Argonne National Laboratory, Fermi National Accelerator Laboratory

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account