Mercury is hiring a
Senior BSA/AML Advisor in United States

Summary

The job is for an AML Advisory role at Mercury, a financial technology company. The role involves enhancing AML/BSA enterprise level standards, maintaining subject matter expertise of applicable anti-money laundering laws and regulations, directing assessments to identify gaps and areas of opportunities, and providing advisory support.

Requirements

• Have at least 5+ years of current experience in financial services, or AML/Fraud functions, or compliance risk management, or AML/Fraud project/program management at a fintech or large financial institution
• Have at least 5+ years of previous experience in Legal, Audit, or previous regulatory experience; or, at least 5+ years of previous experience in AML/Fraud compliance investigations, regulations, controls, risk, rule writing, or operations
• Have a current Certified Anti-money laundering Compliance Specialist (CAMS) and/or Certified Fraud Examiner (CFE) certification(s)
• Have organizational awareness including deep working knowledge of risks, products, processes, and controls across a variety of financial products, such as Banking as a Service (BaaS), ACH, international wires, checks, payments, credit cards, etc
• Familiarity with financial crimes tooling, technologies, and systems
• Be a highly motivated self-starter, and comfortable operating in a highly-regulated, rapidly evolving, and sometimes ambiguous environment
• Effective written and verbal communication skills, with the ability to break down complex requirements into easy-to-understand and practical systems
• Love collaborating with talented professionals across many disciplines within Mercury, from Product, Design, Engineering, Marketing, Legal, Risk and more
• Care deeply about the founders, entrepreneurs, and individuals that we serve, while also having a strong commitment to AML/Fraud compliance

Responsibilities

• Enhance AML/BSA enterprise level standards and review new/revised business line policies and procedures to ensure alignment as it relates to Fraud/Transaction Monitoring (TMS) and KYC
• Maintain subject matter expertise of applicable anti-money laundering laws and regulations, and support business lines by providing guidance across Fraud/TMS and KYC requirements
• Direct Fraud/TMS and KYC assessments to identify and address gaps and areas of opportunities
• Asses Fraud/TMS and KYC compliance deficiencies and data collection risks
• Leverage systems, data, and processes to identify root causes for Fraud/TMS and KYC challenges, and recommend/lead related remediation efforts
• Provide effective challenge and guidance on Fraud/TMS and KYC compliance risks and support business lines through various interactions and forums; influence changes to processes, procedures, and controls to mitigate compliance risks
• Review business line training materials with Fraud/TMS and KYC compliance related content for accuracy and completeness
• Support and communicate compliance risk appetite and key performance metrics to business lines
• Evaluate Audit, regulatory exam(s), and self-identified issues and events for Fraud/TMS and KYC compliance impacts
• Monitor external Fraud/TMS and KYC compliance environment, emerging risks, and regulatory focus areas
• Provide advisory support regarding items escalated to the AML Advisory team for review
• Be accountable for accuracy of information gathered while maintaining quality control standards

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