Senior Compliance Risk Manager

Summary

Join Mercury's Product Compliance team as a highly motivated compliance professional. You will work closely with Payments Product teams, ensuring compliance with regulations like Nacha rules for ACH, Wires, and Checks. Responsibilities include advising on regulatory requirements, supporting new product development, identifying compliance risks, and driving remediation efforts. You will collaborate with cross-functional teams and contribute to a strong compliance culture. The ideal candidate possesses 5-7 years of compliance experience in fintech or payments, expertise in Nacha compliance, and strong communication skills. 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 or in the payments industry
• Subject matter expert in Nacha compliance
• Knowledge of banking payments rails and card network rules (Mastercard)
• 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
• Ensure all ACH payment processes and products comply with Nacha rules and regulations. Stay up to date with any changes in Nacha guidelines 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

Benefits

• Base salary
• Equity (stock options)
• Benefits