Sanctions Product Advisor

Summary

Join Mercury, a financial technology company building a complete finance stack for startups, as a Sanctions Product Advisor. You will play a crucial role in shaping and executing Mercury's Sanctions compliance program by providing advisory across the company, working cross-functionally with various Product teams to support Mercury's Sanctions screening controls and other Sanctions-related initiatives. This role involves collaborating with product managers, risk strategy and operations functions, engineers, and external financial partners. You will help set and drive policy to build an industry-leading Sanctions program, review escalations from the Sanctions Investigations team, partner with Risk and Product teams to guide Mercury's growth in a highly-regulated space, and serve as a champion for Sanctions priorities across the company. This position requires a minimum of 5 years of experience working in Sanctions, deep knowledge of sanction regulations, strong organizational skills, previous experience tuning sanctions screening software, and excellent communication skills.

Requirements

• 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

Responsibilities

• 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

Benefits

• The total rewards package at Mercury includes base salary, equity (stock options), and benefits
• Our salary and equity ranges are highly competitive within the SaaS and fintech industry and are updated regularly using the most reliable compensation survey data for our industry
• New hire offers are made based on a candidate’s experience, expertise, geographic location, and internal pay equity relative to peers
• US employees in New York City, Los Angeles, Seattle, or the San Francisco Bay Area: $151,000 -188,700
• US employees outside of New York City, Los Angeles, Seattle, or the San Francisco Bay Area: $135,900 - 169,800
• Canadian employees (any location): 142,700 CAD - 178,300 CAD