Portfolio Manager, Robinhood Ventures at Robinhood

Menlo Park, California, United States -

Full Time

Start Date

Immediate

Expiry Date

12 Jan, 26

Salary

345000.0

Posted On

14 Oct, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Portfolio Management, Investment Sourcing, Private Equity, Venture Capital, Fund Management, Secondary Market Transactions, Regulatory Compliance, Strategic Thinking, Stakeholder Engagement, Networking, Risk Management, Performance Monitoring, Team Leadership, Communication, Investment Strategy, Market Analysis

Industry

Financial Services

Description

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 Robinhood’s mission has always been to democratize finance for all. With the upcoming launch of Robinhood Ventures, we’re taking a bold step forward—bringing access to private market investing to everyone, not just accredited investors! This new product line will unlock opportunities traditionally limited to a select few, helping more people participate in the growth of private companies. As Portfolio Manager, you will lead investment sourcing and portfolio management for Robinhood Ventures’ flagship publicly listed fund. You’ll work directly with founders, VCs, GPs/LPs, and secondary intermediaries to build a diversified portfolio of late-stage private companies and oversee its performance, regulatory alignment, and investor relationships. This role is based in our Menlo Park, CA (preferred) or New York, NY office, with in-person attendance expected at least 4 days per week. This role reports to the SVP of Finance and Strategy. 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 the lead portfolio manager for Robinhood Ventures, setting and executing investment strategies for publicly listed private funds Source investments through strong relationships with venture firms, founders, LPs, and secondary intermediaries Execute complex transactions in primary and secondary markets, including direct investments and transfers of interest Construct and manage a portfolio aligned with fund strategy, diversification goals, and risk tolerance Collaborate with legal, compliance, product, and finance teams to structure innovative, compliant investment vehicles Monitor and report on fund performance, exposure, liquidity, and allocations for internal and external stakeholders Represent Robinhood Ventures to prospective and current fund investors, articulating investment rationale and fund strategy Grow the investment team and help define new strategies and funds Continue to build the Robinhood Ventures business and product into one of the largest private markets investors in the world What you bring 10–15+ years of experience in private equity, venture capital, fund management, or secondary market transactions, ideally in late-stage/pre-IPO companies Extensive network across founders, venture firms, GPs, LPs, and secondaries markets Strong track record in sourcing, evaluating, and closing private investments in a regulated fund structure (e.g., BDCs, closed-end funds, interval funds) Solid understanding of U.S. securities regulations and fund reporting standards Exceptional strategic thinking, judgment, and execution capabilities in high-growth environments Highly collaborative communication style and a proactive approach to stakeholder engagement Deep alignment with Robinhood’s mission and passion for making private markets more inclusive Leadership expectations Our ambitious roadmap requires a great culture shaped by exceptional leaders. Here’s what we expect from them: Drive high performance by setting clear goals, giving real-time feedback, and scaling impact through focus and innovation Hire and retain top talent by maintaining a high bar, investing in onboarding, and addressing talent gaps quickly and fairly Build community by connecting work to purpose, fostering inclusion, and leading with integrity 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 including 100% paid health insurance for employees and 90% for dependents Lifestyle wallet – a flexible benefits spending account for wellness, learning, and more Employer-paid life and disability insurance, fertility support, and mental health coverage Time off to recharge: company holidays, paid time off, parental leave, sick time, and more! Exceptional office experience with catered meals, comfortable workspaces, and regular events 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) $293,000—$345,000 USD Zone 2 (Denver, CO; Westlake, TX; Chicago, IL) $258,000—$304,000 USD Zone 3 (Lake Mary, FL; Clearwater, FL; Gainesville, FL) $229,000—$269,000 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.

Responsibilities

Lead investment sourcing and portfolio management for Robinhood Ventures’ flagship publicly listed fund. Collaborate with various teams to structure compliant investment vehicles and monitor fund performance.