Here we will see Robinhood Interview Questions And Interview Process.
Investments have become integral in today’s time. Be it millennials, or Genz everyone is engaging in some form of investment to bring about financial security in life. With the growth of cryptocurrencies, the surge for investments reached its peak, and several trading and financial investment platforms made their way up the ladder.
Robinhood, one prime name in financial services, was also developed during one of the financial surges in 2013. It made its public appearance with the mobile-friendly platform in 2015, with products and services ranging from Stock and ETF trading, Bank, Cryptocurrency trading, and much more. With its immersive success in the field, the demand for a workforce in the company increased.
Being one of the trending organizations, several people commit themselves to this platform. The journey can be made easy if you know some questions before the interview. The guide provides you with questions that you can expect in Robinhood, interview along with the interview process.
Robinhood overview
Robinhood launched in April 2013, by Vladimir Tenev, and Baiju Bhatt is an American company leading in financial services. The two founders had already aced the knowledge of investors and clients, making many commercial trading platforms before Robinhood. However, the idea to make trading affordable, and available to all gave rise to Robinhood. The company had its official app launch in March 2015, taking an upward curve on the graph.
The company is registered under the U.S. Securities and Exchange Commission, the Securities Investor Protection Corporation, and FINRA regulated brokers. It currently hosts a revenue of $8.3 billion, with an employee number of 1281. The app has 32 million users, with 1.6 million people on the waiting list. The products and services of the company are as follows:
- Stock and ETF trading
- Banking
- Cryptocurrency trading
Interview question
- Tell me about a new product or a service that you have developed?
The question is present in the interview to understand the candidate’s approach towards developing products. It scores the candidates based on their understanding of the market, the trends they are aware of, and the amount of research a candidate is willing to do before proposing a product. The best way to answer this question would be to tell the new product that you have launched, along with the metrics that you used to qualify the product – necessary for the customers.
- Do you know about messaging applications?
Robinhood is an application-based platform that allows clients and investors to deal trades, and perform investments through an online medium- phones. One necessity of such an application is effective communication among the brokers and the investors. It can be carried out through a messaging application. The question is placed in the interview to understand the knowledge of the candidates.
To answer the question, ensure that you mention a few messaging applications that you have worked with, mention the pros of using a messaging application as stated above. One important aspect here for candidates is to convince the interviewer that you are flexible in work, and are willing to learn the internal messaging applications.
- What do you find is the best project for the company?
The question primarily tests the research of the candidate about the company. Any person who is willing to give their all to the company will have their research about the company. To understand the candidate’s point of view towards the products, and the attitude towards work the question is carefully placed in the interview list.
To answer this question effortlessly, have prior research about the products of the company. Keep a tab of things you found interesting, that have won awards, or received special recognition. There is no right or wrong answer to this question, all you need to understand while answering the question is to be true to yourself and answer the question according to the understanding of the products.
- What are the new technologies that have piqued your interests? Can you go through a few of them?
Investments and trading patterns change, and so do the technologies behind them. Financial services companies thus prioritize technologies and prefer to hire candidates who are close to the technology. The interviewers here would be looking for a candidate who is up to date with the technological updates.
To answer this question, ensure to convince the interviewer that you are passionate about technology. Tell them the efforts that you put in to stay at the top of the technological industries. Apart from this, also mention a few technological updates that you have been keenly looking forward to, thoughts about the technological advancements, and how they can be effectively used to improve the customer base.
- Why Robinhood?
The question is a classic and would be present in the interview at hook or crook. It is one question that candidates can practice beforehand to impress the interviewers. The question checks the candidate’s work attitude, their zeal to work for the company, and their understanding of the culture of the company.
To answer this question, candidates need to go through the company’s cultural needs and requirements. Tell the interviewer how as an employee you would be right in the place as your values align with the organization. Apart from this, you can also tell the interviewers how you would be willing to contribute to the company, and what motivates you to work for the company.
- Walk me through all your experiences, and educational qualifications?
The question is asked by the interviewers to allow the candidates to go through their profile, and tell the interviewers the highlights of their career. The question allows the candidates to leisurely explain the strengths and weaknesses, and go through the highlights of their career.
To answer this question, ensure to mention the key highlights of your experience. Walkthrough the educational qualifications, and tell the interviewers how your qualifications align with the role, and how you can effectively add value to the position. You can also go through projects that add value to your profile. It can be a great way to define your strengths and weaknesses with latched experiences. Candidates must use this opportunity wisely, mentioning the profile to the best of its benefit.
- What are your expectations from the position?
A quick glimpse at the job description and you would know what you would be expected to do in the position. The question is present on the list of the questions to understand the candidate’s understanding of the position. The interviewer will score the candidate based on their understanding of the position and their expectations.
To answer this question a candidate must be aware of the position they are applying for and the requirements mentioned in the job description. To make the most of the question ensure to go through the job description, highlighting the skills required by the organization. Mention all the skills present in the description, and tell them what contributions you are willing to make to the position. You can also clearly mention the expectations from the position. It can range from, whether you are willing to learn the technologies, culture, and many other requirements of the organization.
- What are the metrics that you would use to define a good investor for the company?
The question dives into the technical aspect of the firm. Interviewers would love to hear the answers from candidates to this question as it will allow them to know different perspectives on a good investor. The question would be present in the interview to help interviewers understand the views of the candidates on a good investor. The question would help them to decide whether the concepts of the candidates are clear and whether they would be suitable for the position.
To answer this question, candidates need to make sure that they have a good understanding of potential investors.o, Ensure to give the interviewer strong metrics that you would use to differentiate good and bad investors. Convince the interviewer about the basic idea about the metrics, and your view on what makes a good investor.
- We finish the interview and you step outside the office and find a lottery ticket that ends up winning $10 million. What would you do?
An evaluation question is always asked to see whether a candidate is willing to work for passion or money. The question is a perfect blend of scenarios that judge whether a candidate has a good working attitude, and what is their motivation behind work. The question helps the interviewer to understand whether the candidate is willing to work for them when they have better opportunities at hand.
To answer the question candidates first need ti, to be honest to themselves about what they would do if they receive such a huge amount. Again, there is no right or wrong answer to this question. A candidate needs to ensure that they think through the scenario and tell them what steps they would take. A suggestion here would be to tell them how you would be willing to work irrespective of the benefits that you receive. That work is about passion, and remuneration is just a part of the rewards that are received. A good and positive approach to this question will help you highlight your personality and make the best out of the situation.
- What are your salary expectations?
The question is very common in the interviews, and is often asked candidates to see whether they have negotiation skills, and would they stand against the higher-ups in case of any wrongdoing. The question helps the interviewer to understand the expectations of the candidate.
To answer this question, ensure that you know what is the appropriate pay range of the position. Look for the salary marks on the Internet and look for the average pay scale according to the location. Once you have a rough figure at hand, you can pick an appropriate pay scale that you think would be accurate for the position. Do not shy away from getting your salary expectations straight. It will help you, in the long run, to get the position, at your requirements, and you would enjoy the work.
Interview process
Robinhood is apt on looking for respectable employees that are highly valuable and can add value to the organization. To ensure that they pick the best out of the lot they ensure to carry out the interview process in multiple rounds. The entire process is divided into 4 categories, and every candidate would be required to clear all the rounds to get hired in the company.
One thing to note here is, not all positions would have four rounds, yet the basic process of the interview, that is, phone screening and onsite interview are mandatory. The interview process at Robinhood is as follows:
Online assessment
If you are applying for a technical position, you would be required to go through an online assessment test on Code signal. It is an online round carried through a coding platform. The interview round will be exclusively based on technical questions revolving around technical aspects. The main components of the online assessment are based on the following concepts:
- Algorithms
- Data Structures
- Situation closing
- Series and sequence
- Tree search techniques
- And many more.
Questions:
- Arrange the array from maximum to minimum value of investments performed by different investors?
- Evaluate stock for different weeks and perform an analysis on the stored array to determine which days would the stock be purchased and sold to have maximum profit?
- Find the palindrome of the string?
- Given an user inserted value, determine the longest distinct string in the input?
- Write an algorithm to implant Atoi?
Phone Screening
Apart from technical positions, all other portions would start from phone screening. It is the initial phone screening where the candidates would be briefed on the position. The call would be used to understand the background of the candidate. The interview round is simple and is only present to check whether the candidates are qualified for the position.
Questions:
- Could you tell me about the projects related to investments and financial services undertaken in the previous positions?
- Walk me through your educational background?
- What technologies have you worked with in the previous positions?
- Can you highlight your professional history?
- What coding languages are you comfortable working with?
- Name some messaging applications that you have worked with?
Phone interview
The phone interview round consists of questions and answers exclusive to the position the candidate is applying for. Candidates would be tested on the basic educational requirement and theory-based knowledge for the position. The interview round would be carried out by managers, and recruiters of the dedicated departments.
Questions:
- Find the palindrome of the series?
- How would you find the insertion in the Y linked list?
- Implement a Queue for stocks that allows push and pop elements according to the profit index?
- Suppose there are N investors, with two sets of information.
First: The invested amount
Second: Year of investment
Write a program to detect the number of times the investment would yield a profit?
- What are some projects that you have developed?
- Name the metrics that you used to classify a good project?
- How would you come up with a proposal for clients in case of recession and down stock period?
Onsite interview
Onsite interview is the last round of the interview. The online interview is one of the difficult rounds of the interview. For technical positions, they would be required to go through coding rounds for algorithms and data structures. The interview would be conducted by different managers. It will also consist of behavioral, and personal interview rounds with the higher-level executives.
Questions:
- Why Robinhood?
- What do you expect from the position, and are you willing to relocate in the future?
- What were your best projects?
- Name some of your strengths and weaknesses?
- How would you ensure the company culture is not compromised during work?
- What motivated you to work?
Conclusion
Robinhood is a financial service company that deals with the trading of EFT and cryptocurrencies. It is one of the largest trading platforms present in the industry. The interview questions are situational and revolve around investors and investment statements. The interview process is straightforward, consisting of three major rounds of phone screening, phone interview, and an onsite interview. For technical positions, candidates would need to go through an additional coding round.
The organization looks forward to hiring the best candidates and the process can be a little difficult. Candidates thus need to practice for the interview. To give a boost of confidence, candidates can go through several series of questions to improve the chances of hiring. The guide contains a few questions and the interview process that would help you in the interview process.
FAQ
- How long is the interview process at Robinhood?
The interview process can last up to 2 months. The period can change depending upon the position and the hiring requirements.
- What is the minimum age requirement to start working at Robinhood?
The minimum age requirement for hiring at Robinhood is 18 years.
- Online assessment for technical rounds is carried on what platform?
The online assessment for the technical round is carried out through the CodeSignal platform.
