Role at a glance
- Job function
-
Investments & Capital Markets Investment Operations Investment Risk, Compliance & Due Diligence
- Salary
- $26 – $26/hr
- Location
- Chicago, Illinois, United States
- Work arrangement
- Hybrid
- Employment
- Internship
- Education
- Currently enrolled in a full-time, degree-seeking program in Finance, Business or a related field with an expected graduation date in...
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Role Summary
The Futures & Prediction Markets Operations Intern will support Robinhood Derivatives’ futures, prediction markets, futures options, and event contracts operations. The role contributes to operational process setup, risk support, compliance activities, and coordination with internal teams, clearing firms, exchanges, and vendors.
What You'll Do
- Review operational reports and assist in operational tasks
- Assist operations and compliance with audit inquiries
- Support Futures Risk in performing analytical functions
- Streamline operational and risk workflows
- Perform clearing and settlement, trade and position reconciliations, issue resolution, and regulatory report review
Generated from the employer's posting. Verify important details before applying.
View full postingQualifications
Currently enrolled in a full-time, degree-seeking Finance, Business, or related program; curiosity about futures markets, derivatives, and back-office clearing; demonstrated operational excellence and problem-solving; strong collaboration and influencing skills; ability to prioritize and complete multiple daily tasks and projects with various deadlines.
Required
- Currently enrolled in a full-time, degree-seeking program in Finance, Business or a related field
- Curious about the futures market, derivatives, and back office clearing
- A demonstrated history of operational excellence and problem solving
- Strong collaboration and influencing skills
- Ability to prioritize and complete multiple daily tasks and projects with various deadlines
Original job description
Content provided by the employer
Original job description
Content provided by the employer
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 Derivatives (RHD) is Robinhood’s newly formed entity that focuses on futures, event contracts, and options on futures. Our operations and trading team will help coordinate and lead business operations and internal functions for this entity to ensure a successful setup, launch, and opportunity to scale.
As the Futures & Prediction Markets Operations Intern, you will perform essential daily duties to keep our futures and prediction markets business running efficiently, including clearing and settlement of futures and prediction markets, futures options trades and event contracts, analyzing trade and position reconciliations, resolving various futures and event contract trading issues, and reviewing several regulatory reports to ensure proper compliance. The role will work on initial setup of futures and event contract operational processes, tools, documentation, and workflows. Additionally, you’ll be working with various third party clearing firms, exchanges and vendors to maintain a proper working relationship and will be working closely with vital internal teams including CX, Risk, Legal, Compliance, Engineering, Financial Crimes, Finance, and Customer Trust and Safety to meet customer needs and expectations.
This role is based in our Chicago, IL office, with in-person attendance expected at least 3 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
- Review operational reports and assist in reviewing and performing operational tasks
- Assist operations and compliance with audit inquiries
- Support Futures Risk in performing analytical functions to support certain risk functions
- Become a subject matter expert with exposure to leadership and different teams across Robinhood
- Streamline operational and risk workflows
What you bring
- Currently enrolled in a full-time, degree-seeking program in Finance, Business or a related field with an expected graduation date in Winter 2027/Spring 2028.
- Curious about the futures market, derivatives, and back office clearing
- A demonstrated history of operational excellence and problem solving
- Strong collaboration and influencing skills to work with colleagues across the company to quickly resolve issues and develop long term strategies for growth
- Ability to prioritize and complete multiple daily tasks and projects with various deadlines
What we offer
- Market competitive compensation structure
- Quarterly lifestyle wallet for personal wellness, learning and development, and more
- Access to the best AI tools on the market and continuous AI skill-building for every employee, technical or not
- Time away including company holidays, paid time off, and sick time
- Lively office environment with catered meals, fully stocked kitchens, and geo-specific commuter 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 hourly 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.
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.
About the company
Robinhood
Large Enterprise
Robinhood is a financial technology company that aims to democratize finance for all by providing commission-free trading of stocks, options, and cryptocurrencies through its user-friendly mobile app and website. Launched in 2013, the platform allows users to invest easily without the traditional barriers of high fees or complex processes. With a focus on accessibility and transparency, Robinhood empowers individuals, particularly younger investors, to take control of their financial futures and participate in the stock market. Alongside trading, the company also offers educational resources to help users make informed investment decisions.