Senior Compliance Risk Manager - Governance & Oversight

Mercury is revolutionizing finance for startups by building a complete, user-friendly banking* stack. We prioritize creating a secure and seamless experience for entrepreneurs while upholding the highest standards of compliance and safety.

In the Senior Compliance Risk Manager - Governance & Oversight role, you will play a crucial role in safeguarding Mercury, our customers, and the broader financial ecosystem from the risks associated with our products and services. Reporting to the Senior Manager of Compliance Governance & Oversight, you will be responsible for owning and maturing our risk assessment program, Mercury’s risk and control libraries, and regulatory change management processes. 

This is a unique opportunity to shape and mature a GRC program within the dynamic fintech landscape. You will have the autonomy to innovate, drive process improvements, leverage data-driven insights, and significantly contribute to Mercury's success in this critical risk area.

*Mercury is a financial technology company, not a bank. Banking services provided by Choice Financial Group, Column N.A., and Evolve Bank & Trust, Members FDIC.

As part of the journey, we would expect you to:

• Own the compliance risk assessment program, including developing and maturing risk assessment methodology and procedures
• Manage the risk assessment life cycle, including supporting SMEs in identifying key risks, assessing risks and controls, calculating residual risk, identifying areas for improvement, and working with control owners on any necessary remediation plans
• Identify and implement quantitative and qualitative techniques to enhance the compliance risk assessment program
• Analyze complex compliance risk topics and tailor to leadership audiences such as boards of directors, executives, and senior managers
• Own maintenance of the compliance risk and control libraries
• Help identify compliance risk issues to input into the issue management program and provide input to the design of policies, programs, procedures, and other controls.
• Own the compliance requirements library, comprised of applicable regulatory requirements and partner bank requirements
• Define and own change management process for changes in regulatory or partner requirements
• Own tooling strategy and execution of your processes 

There are lots of paths that could lead you to be successful in a role like this; we think the strongest candidates will have some of this experience:

• Proven experience in scaling and maturing GRC programs, including risk assessment, regulatory change management, and risk and control library development. 
• Strong program management skills, including expertise in regulatory guidance (e.g., FFIEC, OCC/FDIC) and industry best practices for risk assessment programs.
• Excellent project management and data analysis skills, with a track record of implementing efficient and effective solutions.
• Collaborative mindset with a proven record of building trust and credibility through strong interpersonal skills, communications, and actions
• You independently define and gain consensus on what quality looks like in your craft
• You independently and proactively find, prioritize, break down, and execute on key projects
• You fully drive the planning, decisions, and implementation of high-impact goals, as reflected in team, cross-functional, and business priorities. 
• You proactively identify, generate, and implement innovative ideas that drive our products forward. 

The total rewards package at Mercury includes base salary, equity (stock options), and benefits.

Our salary and equity ranges are highly competitive within the SaaS and fintech industry and are updated regularly using the most reliable compensation survey data for our industry. New hire offers are made based on a candidate’s experience, expertise, geographic location, and internal pay equity relative to peers.

The total rewards package at Mercury includes base salary, equity (stock options), and benefits.

Our salary and equity ranges are highly competitive within the SaaS and fintech industry and are updated regularly using the most reliable compensation survey data for our industry. New hire offers are made based on a candidate’s experience, expertise, geographic location, and internal pay equity relative to peers.

Our target new hire base salary ranges for this role are the following:

• US employees in New York City, Los Angeles, Seattle, or the San Francisco Bay Area: $153,400 - $180,500
• US employees outside of New York City, Los Angeles, Seattle, or the San Francisco Bay Area: $138,100 - $162,500
• Canadian employees (any location): CAD 139,600 - 164,300

Mercury values diversity & belonging and is proud to be an Equal Employment Opportunity employer. All individuals seeking employment at Mercury are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, gender identity, sexual orientation, or any other legally protected characteristic. We are committed to providing reasonable accommodations throughout the recruitment process for applicants with disabilities or special needs. If you need assistance, or an accommodation, please let your recruiter know once you are contacted about a role.

We use Covey as part of our hiring and / or promotional process for jobs in NYC and certain features may qualify it as an AEDT. As part of the evaluation process we provide Covey with job requirements and candidate submitted applications. We began using Covey Scout for Inbound on January 22, 2024. Please see the independent bias audit report covering our use of Covey here.

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