Senior Compliance Risk Manager

Summary

Join Mercury's Product Compliance team as a highly motivated compliance professional. You will work with the Personal Banking Product team to build and maintain a compliance program, advising on regulatory and partner requirements for new product development. Responsibilities include identifying compliance risks, developing compliance strategies, and staying updated on regulatory changes. You will collaborate with cross-functional teams to ensure Mercury products meet compliance obligations and contribute to a strong compliance culture. The ideal candidate possesses 5-7 years of experience in compliance advisory, expertise in consumer regulatory compliance, and a proven track record of working with product teams on regulatory matters. Mercury offers a competitive total rewards package including base salary, equity, and benefits.

Requirements

• 5-7 years of experience working in compliance advisory role, ideally in a financial technology company
• Subject matter expert in consumer regulatory compliance, including Regulation E (Electronic Funds Transfer), Regulation Z (Truth in Lending), UDAAP, and CFPB guidelines
• Demonstrated track record of working with product teams on regulatory compliance matters including, but not limited to: financial crimes, licensing requirements, regulatory reporting, financial product obligations, consumer compliance, conduct risk, complaints handling
• Experience evaluating emerging products for compliance risk, working with the product and business stakeholders to implement creative solutions to tough compliance requirements, and conducting compliance reviews of new products and marketing materials
• The ability to identify and define problems, build project plans to address them, and manage implementation of their solution
• The ability to effectively communicate across various lines of business and senior management
• An ambitious sense of curiosity and a willingness to explore areas outside of your comfort zone, like new markets or new product types
• The ability to work efficiently and independently in an ambiguous, fast-paced environment, with a strong understanding of when to escalate urgent issues
• Respect for and interest in financial rules and regulations, as well as an eagerness to innovate and drive the industry forward

Responsibilities

• Work closely with cross-functional risk and product teams to bring Mercury products to market in a way that meets all relevant financial partner and regulatory compliance obligations
• Stay up to date with any regulatory changes, best practices, and new developments in the industry and implement necessary updates
• Support expansion for new payments product launches by scoping, defining and communicating product and compliance requirements
• Work cross-functionally to drive remediation efforts for products within your defined scope
• Support the compliance function in defining and achieving departmental initiatives, maintaining relevant policies and procedures, developing documentation solutions, and liaising with auditors
• Contribute to building a strong culture of compliance across Mercury

Preferred Qualifications

Certified Regulatory Compliance Manager (CRCM) designation

Benefits

• Base salary
• Equity (stock options)
• Benefits