Senior Manager, Valuation
About The Position
Robinhood is seeking a Senior Manager, Valuation to lead and execute valuation analyses for private company investments, minority equity stakes, and other illiquid financial instruments held across the organization. The role partners closely with Technical Accounting & Financial Reporting (TAFR), Corporate Development, and the RHV Private Markets Valuation Committee to ensure valuations are well-supported, defensible, and compliant with US GAAP (ASC 820, ASC 321/323) and SEC reporting requirements. It reports into TAFR leadership and works closely with the RHV Private Markets Valuation Committee. The role is based in Menlo Park, CA; New York, NY; or Chicago, IL, with in-person attendance expected at least three days per week. Robinhood describes its in-person office experience as intentional and designed to support high-performing teams.
Requirements
- Bachelor's degree in Finance, Accounting, Economics, or a related field.
- 10+ years of relevant experience in valuation, financial modeling, investment banking, or private equity/venture capital, focused on private company or illiquid investment valuation.
- Demonstrated expertise building and auditing complex financial models, including DCF, comparable company analysis, option pricing models, and waterfall/allocation models.
- Strong working knowledge of US GAAP fair value measurement guidance (ASC 820) and its application to private investments.
- Excellent communication skills and experience presenting valuation conclusions to committees, auditors, or senior stakeholders.
- Advanced proficiency in Excel and financial modeling.
Nice To Haves
- Familiarity with valuation software or platforms.
Responsibilities
- Build and maintain complex financial models, including DCF, comparable company and precedent transaction analyses, OPM/PWERM, and Monte Carlo simulations, to support fair value measurements.
- Perform quarterly and event-driven valuations for private equity and venture-style investments, including waterfall and allocation analyses across complex capital structures such as preferred stock, SAFEs, convertible notes, and warrants.
- Develop and refine valuation methodologies in line with AICPA Private Equity and Venture Capital Valuation Guidelines.
- Prepare valuation memos and supporting documentation for presentation to the RHV Private Markets Valuation Committee and Audit Committee.
- Partner with TAFR to ensure valuation conclusions are reflected appropriately in consolidated financial statements and SEC disclosures, including 10-Q, 10-K, and applicable 8-K filings.
- Serve as a key point of contact for external auditors (EY) on valuation-related audit requests, walkthroughs, and testing.
- Collaborate with Corporate Development, Legal, and Investor Relations on investment structuring, follow-on financings, and exit or liquidity events to assess valuation impacts.
- Advise on the accounting and valuation implications of new or complex investment structures, including tiered or contingent consideration and equity-linked instruments.
- Maintain and enhance SOX internal controls over the valuation process, including documentation standards, model governance, and data source validation.
- Improve valuation templates, market data inputs, and benchmarking practices continuously.
Benefits
- Performance-driven compensation with multipliers for outsized impact, bonus programs, equity ownership, and 401(k) matching.
- 100% paid health insurance for employees, with 90% coverage for dependents.
- Eligible US employees can access the Robinhood Employee Fund, which provides exposure to Robinhood Ventures funds.
- Access to AI tools and continuous AI skill-building.
- Lifestyle wallet: a flexible benefits spending account for wellness, learning, and more.
- Employer-paid life and disability insurance, fertility benefits, and mental health benefits.
- Company holidays, paid time off, sick time, parental leave, and more.
- Catered meals, events, and comfortable workspaces.
- Bonus opportunities, equity, and benefits in addition to base pay.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
