Internal Audit Manager, Mercury

$175.2-243.4k

+ Equity. Salary shown for US and is dependent on location. For Canada: CAD $184,000 - $230,000

Mid and Senior level

New York

San Francisco Bay Area

Remote from Canada, US

Banking services for startups

Be an early applicant

Banking services for startups

501-1000 employees

FintechB2BBankingFinancial Services

Be an early applicant

$175.2-243.4k

+ Equity. Salary shown for US and is dependent on location. For Canada: CAD $184,000 - $230,000

Mid and Senior level

New York

San Francisco Bay Area

Remote from Canada, US

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

Have experience scoping and planning new, complex audits
Have experience leading audit teams and coaching team members
Have experience working in a regulated financial institution, and have a working knowledge of laws, regulations and risk management standards for financial services
Have experience in auditing banking products and requirements
Have the ability to quickly grasp and understand complex business processes
Have excellent written and verbal communication skills
Be able to manage their own schedule to ensure deadlines are met
Be a self-starter, someone who likes to innovate and think about how we can do things differently to be more efficient and effective

What the job involves

Nternal Audit’s mission is to support Mercury and provide independent assurance over Mercury’s risk management, governance and internal control processes
This team helps to identify potential risks that could cause trouble for Mercury and collaborates with the business to get ahead of those risks
We assess Mercury's internal controls to make sure we have our bases covered and things are designed/operating effectively and are responsible for reporting any findings to leadership and process owners and providing recommendations when possible
We’re looking to hire an Internal Audit Lead to help expand coverage of our Internal Audit function at Mercury and execute on our audit plan
You’ll support audit teams internally within Mercury as well as supporting audits being conducted externally by third parties
Over time, you will become a subject matter expert on Mercury’s operations and compliance obligations
Bring your in depth knowledge of banking and financial services to Mercury to help ensure coverage of key processes and controls
Work with the Senior Auditors to help scope internal audits across Mercury products and operations
Coach and train team members and review their audit workpapers
Assess compliance with Mercury’s compliance obligations
Socialize, document, and report audit issues identified
Collaborate with teams to develop appropriate action plans and review issue follow up testing
Assist in creating the annual audit plan, including maintaining the audit universe and executing annual audit entity risk assessments
Other duties as assigned

Application process

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

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 (4.2)

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)
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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