Senior Risk Manager, Mercury
AML Investigations
$146.2-191k
Salary shown for US candidates and is based on location. For Canada: CAD 147,800 - 173,800. + Equity
Banking services for startups
Be an early applicant
Banking services for startups
501-1000 employees
Be an early applicant
$146.2-191k
Salary shown for US candidates and is based on location. For Canada: CAD 147,800 - 173,800. + Equity
501-1000 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
- Have 6+ years of work experience in the AML domain. 8+ years of work experience overall
- Have 4+ years of people management experience, preferably of AML investigators
- Be a strong analytical thinker - you are metrics-driven and results-oriented
- Be an AML domain expert - you’re deeply familiar with BSA/AML regulations, policies, best practices, and tools
- Be an excellent collaborator and communicator - you can motivate your team, secure buy-in from leadership, and work effectively with all functions
- Be comfortable with decision-making in a fast-paced, ambiguous environment
What the job involves
- The AML team conducts investigations, develops procedures, and builds controls with cross-functional partners to prevent, detect, and report money laundering and other out-of-policy activities
- As the Senior AML Investigations Manager, you will drive and own the AML domain at Mercury
- You will work closely with the Compliance, Legal, Risk Strategy, and Risk Product teams to ensure that the team has the tools, support, clarity, and resources to do an excellent job
- Lead a team of talented AML investigators responsible for creating operational procedures and conducting account and transaction investigations for money laundering
- Mentor, coach, and support senior and junior individual contributors
- Partner cross-functionally with Compliance, Legal, Product, Risk Strategy, and additional groups to enhance Mercury’s AML program and drive efficiency using data and technology
- Increase resilience and scalability of AML operations using process automation and outsourcing when appropriate, and work with Product teams to build capabilities and tools
- Suggest new monitoring and controls to address new risks created by new products or changes to existing offerings
- Create and own procedures governing Mercury’s AML investigations process
- Assist and support the design and creation of AML control optimization
- Educate internal and external stakeholders on AML investigations at Mercury
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
Some candidates hear
back within 2 weeks
50% employee growth in 12 months
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 values
- Think actively: Question processes. Give thoughtful feedback. Find the best way to do something instead of going by how it’s always been done
- Be super helpful: Practice intentionality and accountability. Go above and beyond to solve problems, and do it as a team
- Act with humility: Treat everyone with respect. Leave egos at the door
- Appreciate quality: Work with the best equipment. Avoid cutting corners. Take pride in crafting a lasting product
- Maximize efficiency: Minimize unnecessary meetings and bureaucracy. Work together to get the job done right
- Focus on product: Ask yourself how the product can be better today than it was yesterday
Company HQ
SoMa, San Francisco, CA
Articles
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.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
Submit your salary to help other candidates with crowdsourced salary estimates.
Share this job
View 22 more jobs at Mercury