Head of AML Advisory

Summary

Join Mercury as Head of AML Advisory to drive and own day-to-day advisory and support of Mercury’s BSA/AML program, spanning Know Your Customer (KYC), Transaction Monitoring, emerging risk, and customer supportability. As a leader in this role, you will report to Mercury’s BSA Officer and require significant cross-functional engagement with our risk strategy and operations functions, product managers, engineers, and external financial partners.

Requirements

• Have a minimum of 7+ years experience building and designing BSA/AML governance and policy programs at fintechs, traditional financial institutions, or ideally both
• Possess deep knowledge of BSA/AML and other applicable regulatory frameworks (e.g., FFIEC, SAR, CTF, FATF, etc.)
• Have a strategic and entrepreneurial mindset with an ability to identify emerging compliance trends and risks, ensuring we stay ahead of the curve
• Care deeply about the founders and entrepreneurs that we serve, while also having a strong commitment to BSA/AML 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

Responsibilities

• Help to develop Mercury’s BSA/AML program, including supporting policy, control, and training development
• Work closely with the BSA/AML and Sanctions Compliance Officer, existing operational AML/BSA and KYC teams, and Product Compliance managers on aligning policies with implementation and addressing escalation
• Partner across Compliance, Risk, Legal, and Product, among other teams, to help guide Mercury’s growth in a highly-regulated space
• Support the creation of governance structures for the overall program
• Serve as a champion and conduit for BSA/AML and KYC priorities across the company, and provide advisory to business partners as needed
• Help set and drive vision for how compliance can not only help protect Mercury, but serve as a differentiator and competitive advantage
• Support the strategic goals of the Compliance function while still operating in the weeds on key compliance initiatives
• Maintain an inventory of BSA/AML requirements; execute gap assessments and change management assessments as required, to ensure compliance with expectations from regulators, partner institutions, and Mercury’s policies
• Support the execution of the AML/BSA and KYC Risk Assessments

Benefits

• Base salary
• Equity (stock options)