Sanctions Product Advisor, Mercury

$135.9-188.7k

US salary dependent on location. Canadian employees (any location): 142,700 CAD - 178,300 CAD + Equity (stock options) for all

Senior and Expert level

Remote in Canada, US

New York

San Francisco Bay Area

Banking services for startups

Posted today

Banking services for startups

501-1000 employees

FintechB2BBankingFinancial Services

Posted today

$135.9-188.7k

US salary dependent on location. Canadian employees (any location): 142,700 CAD - 178,300 CAD + Equity (stock options) for all

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

Have a minimum of 5+ years of experience working in Sanctions, with relevant experience in an advisory function
Possess deep knowledge of sanction regulations including OFAC and other applicable regulatory frameworks
Be highly organized to receive advisory requests from multiple sources and be able to prioritize the requests based on impact and regulatory requirements
Previous experience tuning sanctions screening software, such as Bridger and FircoSoft
Care deeply about the founders and entrepreneurs that we serve, while also having a strong commitment to Sanctions compliance
Be an excellent communicator, with the ability to break down complex requirements into easy-to-understand and practical systems
Be comfortable operating in a highly regulated, rapidly evolving, and sometimes ambiguous environment where novel solutions may be required
Passion for collaborating with and learning from talented professionals across many disciplines within Mercury, including Product, Legal, Engineering, Marketing, and more

What the job involves

The BSA/AML & Sanctions compliance team serves as an advisory and oversight function for Mercury
As a Sanctions Product Advisor, you will play a critical role in shaping and executing Mercury’s Sanctions compliance program by providing Sanctions advisory across Mercury, including working cross-functionally with a variety of Product teams to support Mercury’s Sanctions screening controls and other Sanctions-related initiatives
This role will report to Mercury’s Sanctions Compliance Officer and will require significant cross-functional engagement with Mercury’s product managers, risk strategy and operations functions, engineers, and external financial partners
Help set and drive policy to support Mercury in building an industry-leading Sanctions program to not only help protect Mercury but also make the program a differentiating factor from other companies and give Mercury a competitive advantage
Review escalations from the Sanctions Investigations team for Sanctions, Politically Exposed Persons, and Adverse Media Negative News cases to recommend appropriate actions. Assist in drafting appropriate documentation supporting these actions
Partner with Risk and Product, among other teams, to help guide Mercury’s growth in a highly-regulated space, including providing advisory on Sanction controls best practices and tuning exercises
Serve as a champion and conduit for Sanctions priorities across the company, proactively identifying areas of potential Sanctions risk and training others to identify when an item needs to be escalated for Sanctions review
Support the execution of Sanctions model validations and risk assessments

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)

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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