Compliance Risk Manager, Mercury
Banking Advisory
$128.6-160.7k
US salary range dependent on candidate location. Canadian employees (any location): $135,000 CAD - $151,900 CAD. Plus equity
Banking services for startups and small businesses
Be an early applicant
Banking services for startups and small businesses
1001+ employees
Be an early applicant
$128.6-160.7k
US salary range dependent on candidate location. Canadian employees (any location): $135,000 CAD - $151,900 CAD. Plus equity
1001+ employees
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.
Role
Who you are
- 3+ years of relevant experience in compliance, risk, monitoring, QA, or testing preferably within a FDIC insured bank, but a fintech would also be acceptable
- Demonstrated ability to independently execute moderately complex reviews or monitoring activities with minimal day-to-day guidance
- Experience applying defined standards, scripts, or criteria to assess customer-facing materials, sales practices, or communications
- Strong documentation discipline and attention to detail, with the ability to produce audit-ready evidence
- Ability to synthesize review outcomes into clear, structured summaries that support team-level decision-making
- Comfort operating in some ambiguity, asking clarifying questions, and escalating issues when guidance or risk tolerance is unclear
- A bias for action and accountability, with the ability to manage timelines and deliverables for assigned work independently
- Curiosity and willingness to deepen understanding of Mercury products, regulatory requirements, and compliance risk drivers
What the job involves
- As Mercury continues to scale, maintaining strong compliance execution and monitoring across customer-facing activities is critical
- The Compliance Risk Manager, *Banking Advisory is an experienced individual contributor who supports the Compliance Advisory function through high-quality execution of reviews, monitoring, validation, and documentation under established frameworks
- We are seeking a highly motivated compliance professional to join our Compliance Advisory team
- In this role, you will work autonomously on regulatory based review and monitoring activities, owning assigned work from start to finish while operating within defined standards, processes, and escalation paths
- You will help surface emerging risks, contribute to continuous improvement of monitoring practices, and support team-level goals through disciplined execution and reporting
- Independently execute compliance monitoring and targeted validation activities across defined channels (e.g., customer communications, sales interactions, marketing activity) using approved scripts, sampling approaches, and procedures
- Own assigned monitoring and validation work end-to-end, including evidence collection, documentation, follow-ups, and timely completion of deliverables
- Identify, document, and classify findings, trends, or repeat observations, and escalate issues appropriately using established escalation paths
- Support validation of remediation actions through follow-up testing and confirmation reviews
- Prepare clear, accurate summaries of monitoring results to support team-level reporting and Advisory leadership visibility
- Execute assigned customer-facing and marketing collateral compliance reviews in accordance with established standards and review criteria
- Contribute ideas for improving monitoring efficiency, documentation quality, or review processes within existing team frameworks
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 200,000 businesses and achieved a $3.5B valuation as of 2025. As a rising unicorn in the stagnant world of startup banking, mercury is backed by substantial funding and 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
50% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Mar 2025
$300m
SERIES C
Jul 2021
$120m
SERIES B
Total funding: $450.9m
Company benefits
- Health, dental, & vision
- 12+ weeks of paid parental leave
- $600 USD custom WFH equipment setup
- Unlimited vacation policy (with a mandatory minimum)
- Annual $1K learning & development budget
- Paid 6-week sabbatical after the 5-year mark
- Weekly $100 food budget
- Monthly $100 wellness budget
- Monthly $50 cellphone reimbursement
- Pet-friendly offices with free tea and beverages, plus lunch and snacks
- Unlimited vacation policy (with a mandatory minimum)
- Retirement matching up to 4% of base salary (401K/RRSP)
- Inclusive fertility, hormonal health, and family-forming benefits through Carrot Fertility
Company HQ
SoMa, San Francisco, CA
Leadership
Jason Zhang
(Co-Founder & COO)Jason graduated from Stanford University with a Bachelor of Science in Biology before spending over 4 years at Heyzap in Business Development.
Immad Akhund
(Co-Founder & CEO)Immad graduated from the University of Cambridge with a Masters in Computer Science. He then worked as a Software Developer at Aquila and Bloomberg. He also founded Clickpass and Heyzap, and was a Part-time Partner at Y Combinator.
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