Senior Manager, Valuation

Candidate; Chicago (IL); Hybrid; USD 153,000 - 180,000; Full time

Benefits offered by this job

Health insurance

Equity ownership

401(k) matching

AI tools access

Job summary

Robinhood is seeking a Senior Manager, Valuation to lead and execute valuations for private investments and illiquid instruments, partnering with TAFR, Corporate Development, and the RHV Private Markets Valuation Committee. Role requires in-person work at least 3 days/week across Menlo Park, NY, and Chicago offices.

You will drive complex financial modeling, governance, and cross-functional decision-making, with a focus on accurate, defensible valuations under US GAAP and SEC rules.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or related field.
• 10+ years of experience in valuation, financial modeling, investment banking, or private equity/venture capital, focusing on private company or illiquid investments.
• Build and audit complex financial models (DCF, comps, option pricing, waterfalls).
• Strong knowledge of US GAAP fair value guidance (ASC 820) and its application to private investments.
• Excellent communication skills with experience presenting to committees, auditors, or senior stakeholders.
• Advanced proficiency in Excel/financial modeling; familiarity with valuation software a plus.

Responsibilities

• Build and maintain complex financial models (DCF, comps, OPM/PWERM, Monte Carlo) to support fair value measurements for private investments.
• Perform quarterly and event-driven valuations for private equity/venture-style investments including waterfall analyses.
• Develop and refine valuation methodologies aligned with industry guidelines.
• Prepare valuation memos and documentation for committees and auditors; liaise with external auditors on valuation-related requests.

Skills

Valuation modeling

US GAAP ASC 820

Financial analysis

Cross-functional collaboration

Presentations to committees

Education

Bachelor's degree in Finance/Accounting/Economics

Tools

Excel

Valuation software

Job 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 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. This role will partner 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. This role reports into Technical Accounting & Financial Reporting (TAFR) leadership and works closely with the RHV Private Markets Valuation Committee.

This role is based in our Menlo Park, CA, New York, NY, and Chicago, IL office(s), 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

Financial Modeling & Valuation Analysis

• Build and maintain complex financial models (DCF, comparable company/precedent transaction analyses, OPM/PWERM, Monte Carlo simulations) to support fair value measurements of private company investments and other illiquid holdings.
• Perform quarterly and event-driven valuations for private equity/venture-style investments, including waterfall/allocation analyses across complex capital structures (preferred stock, SAFEs, convertible notes, warrants).
• Develop and refine valuation methodologies in line with AICPA Private Equity and Venture Capital Valuation Guidelines.

Governance & Reporting

• 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 properly reflected in consolidated financial statements and SEC disclosures (10-Q/10-K, 8-K as applicable).
• Serve as a key point of contact for external auditors (EY) on valuation-related audit requests, walkthroughs, and testing.

Cross-Functional Partnership

• Collaborate with Corporate Development, Legal, and Investor Relations on new investment structuring, follow-on financings, and exit/liquidity events to assess valuation impacts.
• Advise on the accounting and valuation implications of new or complex investment structures (e.g., tiered/contingent consideration, equity-linked instruments).

Process & Controls

• Maintain and enhance internal controls (SOX) over the valuation process, including documentation standards, model governance, and data source validation.
• Drive continuous improvement of valuation templates, market data inputs, and benchmarking practices.

What you bring

• Bachelor's degree in Finance, Accounting, Economics, or related field.
• 10+ years of relevant experience in valuation, financial modeling, investment banking, or private equity/venture capital, with a focus on private company or illiquid investment valuation.
• Demonstrated expertise in building and auditing complex financial models (DCF, comparable company analysis, option pricing models, waterfall/allocation models).
• Strong working knowledge of US GAAP fair value measurement guidance (ASC 820) and its application to private investments.
• Excellent communication skills, with experience presenting valuation conclusions to committees, auditors, or senior stakeholders.
• Advanced proficiency in Excel/financial modeling; familiarity with valuation software or platforms a plus.

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.
• Top Tier benefits to fuel your work, including 100% paid health insurance for employees with 90% coverage for dependents.
• Access to the Robinhood Employee Fund that gives eligible US employees the opportunity to invest in a private employee fund that provides exposure to Robinhood Ventures funds.
• Access to the best AI tools on the market and continuous AI skill-building for every employee, technical or not.
• 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)$174,000—$205,000 USD Zone 2 (Denver, CO; Westlake, TX; Chicago, IL)$153,000—$180,000 USD Zone 3 (Lake Mary, FL; Clearwater, FL; Gainesville, FL)$136,000—$160,000 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.

AI Usage Disclosure: Robinhood uses artificial intelligence (AI) tools to support parts of our recruiting process. These tools enhance the efficiency and consistency of our hiring process; however, all hiring decisions are made by our hiring teams.

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.