Senior Compliance Risk Manager, Mercury

Governance & Oversight

$138.1-180.5k

Salary applicable for US based candidates, dependent on location. For candidates based in Canada: $139,600 - $164,300 CAD + Stock options

Senior and Expert level

Remote in Canada, US

New York

San Francisco Bay Area

Banking services for startups

Open for applications

Banking services for startups

501-1000 employees

FintechB2BBankingFinancial Services

Open for applications

$138.1-180.5k

Salary applicable for US based candidates, dependent on location. For candidates based in Canada: $139,600 - $164,300 CAD + Stock options

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

Proven experience in scaling and maturing GRC programs, including risk assessment, regulatory change management, and risk and control library development
Strong program management skills, including expertise in regulatory guidance (e.g., FFIEC, OCC/FDIC) and industry best practices for risk assessment programs
Excellent project management and data analysis skills, with a track record of implementing efficient and effective solutions
Collaborative mindset with a proven record of building trust and credibility through strong interpersonal skills, communications, and actions
You independently define and gain consensus on what quality looks like in your craft

What the job involves

In the Senior Compliance Risk Manager - Governance & Oversight role, you will play a crucial role in safeguarding Mercury, our customers, and the broader financial ecosystem from the risks associated with our products and services
Reporting to the Senior Manager of Compliance Governance & Oversight, you will be responsible for owning and maturing our risk assessment program, Mercury’s risk and control libraries, and regulatory change management processes
This is a unique opportunity to shape and mature a GRC program within the dynamic fintech landscape
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
Own the compliance risk assessment program, including developing and maturing risk assessment methodology and procedures
Manage the risk assessment life cycle, including supporting SMEs in identifying key risks, assessing risks and controls, calculating residual risk, identifying areas for improvement, and working with control owners on any necessary remediation plans
Identify and implement quantitative and qualitative techniques to enhance the compliance risk assessment program
Analyze complex compliance risk topics and tailor to leadership audiences such as boards of directors, executives, and senior managers
Own maintenance of the compliance risk and control libraries
Help identify compliance risk issues to input into the issue management program and provide input to the design of policies, programs, procedures, and other controls
Own the compliance requirements library, comprised of applicable regulatory requirements and partner bank requirements
Define and own change management process for changes in regulatory or partner requirements
Own tooling strategy and execution of your processes
You independently and proactively find, prioritize, break down, and execute on key projects
You fully drive the planning, decisions, and implementation of high-impact goals, as reflected in team, cross-functional, and business priorities
You proactively identify, generate, and implement innovative ideas that drive our products forward

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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