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Senior Compliance Risk Manager - Prudential

Mercury · San Francisco, CA, New York, NY, Portland, OR, or Remote within Canada or United States · Remote

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About Mercury

Everything you do with money. All in one place. Apply in 10 minutes for business banking that transforms how you operate. Backed by Sequoia, a16z and 500 Global.

About the role

In this role, you will report to our Director, Bank Regulatory Compliance and will steward the implementation and operation of a scalable, regulator-ready prudential regulatory compliance program to support bank charter readiness, beginning with Regulations W and O. This role combines strategic program design with operational execution, ensuring Mercury can establish and run a prudential compliance program aligned with regulatory expectations and a digital-first business model.

What they're looking for

  • Interface directly with and advise Mercury’s senior management on permissibility / advisability of proposed transactions
  • Engage and partner deeply with stakeholders across the organization including Legal, Finance, People/HR, Credit, etc
  • Play a pivotal role in shaping how some of Mercury’s most business critical transactions come together in a safe and sound manner
  • Educate and grow Mercury’s compliance culture, awareness of prudential regulatory obligations, and best in-class practices via training and guidance to bank staff regarding prudential regulatory requirements
  • Maintain records and documentation on all prudential regulatory compliance activities and programs
More about this role

With Mercury’s continued progress toward becoming a chartered bank, establishing a strong and forward-looking prudential compliance program is a key part of building a durable, regulator-ready foundation.

In this role, you will report to our Director, Bank Regulatory Compliance and will steward the implementation and operation of a scalable, regulator-ready prudential regulatory compliance program to support bank charter readiness, beginning with Regulations W and O. This role combines strategic program design with operational execution, ensuring Mercury can establish and run a prudential compliance program aligned with regulatory expectations and a digital-first business model.

You will define how Mercury ensures it operates in a safe and sound manner, within the boundaries of prudential regulatory requirements, translating regulatory requirements into a program that is credible, measurable, and integrated into how we operate.

  • Implement and operate Mercury’s first prudential regulatory compliance program for banking* (focusing initially on Regulations W and O) including policies, procedures, governance framework, transactional controls and ongoing monitoring activities

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Read the full posting on Mercury's site ↗

Compliance

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