Senior Compliance Risk Manager, Mercury

Third Party Risk Management

$138.1-180.5k

Salary shown is for US candidates and is dependent on location. Salary for Canadian employees: CAD $139,600 - $164,300 + Equity

Senior and Expert level

Remote in Canada, US

New York

San Francisco Bay Area

Banking services for startups

Be an early applicant

Banking services for startups

501-1000 employees

FintechB2BBankingFinancial Services

Be an early applicant

$138.1-180.5k

Salary shown is for US candidates and is dependent on location. Salary for Canadian employees: CAD $139,600 - $164,300 + Equity

Senior and Expert level

Remote in Canada, US

New York

San Francisco Bay Area

501-1000 employees

FintechB2BBankingFinancial Services

Company mission

To make scaling tech companies simpler with a personalized banking stack for startups, and power the next generation of companies that will shape the American industry.

Job

Company

Role

Who you are

This position demands a strategic and holistic approach to TPRM, rather than in-depth expertise in a specific domain like security or privacy
Proven experience in scaling and maturing TPRM programs, including policy development and process implementation
Strong program management skills, including expertise in regulatory guidance (e.g., FFIEC, OCC/FDIC) and industry best practices for TPRM programs
Excellent project management and data analysis skills, with a track record of implementing efficient and effective solutions
Collaborative mindset with a demonstrated ability to work cross-functionally and influence stakeholders

What the job involves

In the Senior Compliance Risk Manager - Third Party Risk Management (TPRM) role, you will play a crucial part in safeguarding Mercury, our customers, and the broader financial ecosystem from the risks associated with third parties
Reporting to the Senior Manager of Compliance Governance & Oversight, you will be responsible for maturing our TPRM program by driving process optimization, workflow enhancements, and ultimately managing and minimizing the impact of third-party risks
You will collaborate closely with subject-matter experts across Security, Privacy, and Procurement to ensure their requirements are seamlessly integrated into the overall program
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
Scale the existing third party risk management program by improving policies, due diligence and risk assessment processes, and management of risk across the third party lifecycle
Implement tooling, automation and efficiency enhancements to streamline processes
Drive data integrity efforts and metrics capabilities for third party reporting
Implement and monitor third party issues management and monitoring
Conduct day to day compliance reviews of third parties in line with the criteria and risk assessment processes you own and maintain

Our take

Frustrated by the archaic, fee-laden banking services offered to entrepreneurs, the founders of Mercury set out to create a better solution. They envisioned a platform that was dynamic, tech-driven, and free from unnecessary fees.

Mercury delivers on this vision by automating business payment processes, offering FDIC-insured accounts, and providing full API access, empowering entrepreneurs with greater control and efficiency. This approach stands in stark contrast to traditional startup banking, which often burdens young businesses with high fees and limited functionality.

By prioritizing user experience and offering a free service tier, Mercury has attracted over 100,000 businesses and achieved a $1B valuation in 2021. As a rising unicorn in the stagnant world of startup banking, mercury is poised for continued growth, constantly adding new features and expanding its team to further disrupt the industry.

Kirsty

Company Specialist at Welcome to the Jungle

Insights

Top investors

50% employee growth in 12 months

Glassdoor (4.5)

Trustpilot (3.9)

Company

Funding (last 2 of 4 rounds)

Jul 2021

$120m

SERIES B

Sep 2019

$20m

SERIES A

Total funding: $150.9m

Company benefits

Health, dental, & vision
12+ weeks of paid parental leave
$600 USD custom WFH equipment setup
Unlimited vacation policy (with a mandatory minimum)
Retirement matching up to 4% of base salary (401k/RRSP)
Paid 6-week sabbatical after the 5-year mark
Annual $1K USD learning & development budget
Unlimited book budget
Weekly $100 USD food budget
Monthly $100 USD wellness budget
Monthly $50 USD cellphone reimbursement
Pet-friendly offices with free tea & lunch

Company HQ

SoMa, San Francisco, CA

Leadership

Jason Zhang

(COO)

Studied Biology at Stanford before spending over 4 years at Heyzap in Business Development.

Immad Akhund

(CEO)

Graduated from the University of Cambridge, then worked as a Software Developer at Aquila and Bloomberg. Also founded Clickpass and Heyzap, and was a Part-time Partner at Y Combinator.

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