Treasury Operations Specialist

Robinhood • Chicago, NY

1d • Hybrid

About The Position

Robinhood is building an elite team to tackle the world's biggest financial problems using frontier technologies. The Treasury Operations team is responsible for safeguarding customer and firm cash for Robinhood Securities. This involves daily bank and clearing account reconciliations, sweep and settlement processes, and core cash controls. The team reconciles balances and activity between internal ledgers, external banks, clearing agencies, and sweep vendors, ensuring all funds are accounted for and exceptions are promptly identified, escalated, and resolved. As a Treasury Operations Specialist, you will manage detailed reconciliation and settlement workflows for brokerage entities, support regulatory obligations like suspense monitoring and reserve-related cash movements, and collaborate cross-functionally to enhance controls as products and volumes expand. This role requires in-person attendance at our Lake Mary, FL, Chicago, IL, or New York, NY offices at least 3 days per week, as Robinhood values in-person collaboration for innovation and community building.

Requirements

• Bachelor’s degree in finance, accounting, business, economics, or a related field.
• 3+ years of experience in brokerage operations or treasury operations with a focus on cash management, reconciliations, and back-office controls in a broker-dealer or clearing environment.
• Experience leading or driving projects to automate or improve reconciliation, settlement, or cash-control processes (e.g., new rec workflows, exception queues, or reporting).
• Proven ability to operate in a fast-paced, highly regulated environment while maintaining accuracy, sound judgment, and strong attention to detail.
• Strong problem-solving skills with a bias toward ownership and action when issues span multiple systems or teams.
• Experience with data analysis (Excel, SQL, AI).
• Prior experience at a broker-dealer, clearing firm, or securities operations team supporting customer cash and securities with applicable securities licenses.
• Strong Robinhood product knowledge and curiosity about how our brokerage model and money movements work.

Responsibilities

• Own reconciliation frameworks across Robinhood Securities bank, clearing, and sweep accounts by comparing internal ledgers to external bank, clearing, and vendor data, investigating and resolving breaks, and escalating unreconciled items as needed.
• Lead daily brokerage cash settlements (e.g., NSCC/DTC, ACH, Debit Card, and other treasury movements) and ensure funding is accurate, timely, and appropriately documented.
• Manage risk for back-office activities by maintaining strong controls over customer and firm cash, suspense accounts, and exception handling, in line with internal policies and WSPs.
• Develop and refine processes to increase the efficiency and scalability of brokerage treasury operations, reducing manual touch points while improving control quality.
• Act as a subject matter expert on brokerage cash management and reconciliation processes, clearly communicating impacts and risks to partners in Compliance, Corporate Accounting, Engineering, Product, CX, and other operations teams.
• Partner with project and operations teams to launch, improve, and scale Robinhood products and systems that touch brokerage cash flows, ensuring treasury requirements are designed, tested, and documented upfront.
• Help craft, document, and implement processes, internal controls, metrics, and reporting (including playbooks, SOPs, and reconciliation evidence) that demonstrate strong governance and operational excellence across brokerage treasury.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 501-1,000 employees