Senior Compliance Risk Manager - Lending

As Mercury continues its rapid growth trajectory, navigating the complex and ever-evolving partnerships and regulatory landscape is paramount. The fintech industry is under increased scrutiny and regulatory compliance is not just a necessity but a competitive advantage. By ensuring that we are ahead of the curve in terms of compliance, we not only protect Mercury* from potential legal and financial pitfalls but also position ourselves as a trustworthy and reliable partner for our customers.

We are seeking a highly motivated compliance professional to join our Compliance team as a Senior Compliance Risk Manager. In this role you will be responsible for working with our Lending teams helping build and maintain a compliance program to support our credit products. You will empower our Product teams to build compliant-by-design products by advising them on regulatory and partner requirements and supporting new product development. You are responsible for identifying potential compliance risks and working with relevant teams to develop strategies for compliance.

*Mercury is a financial technology company, not a bank. Banking services provided through Choice Financial Group, Column N.A., and Evolve Bank & Trust, Members FDIC.

In this role, you will:

• 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 credit/lending 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

You should have:

• 5+ years of experience working in compliance advisory role, ideally in a financial technology company
• Subject matter expert in lending compliance, including Reg B (Equal Credit Opportunity Act), Reg Z (Truth in Lending Act), Reg V (Fair Credit Reporting Act), Reg F (Fair Debt Collection Practices Act), and familiarity with state lending laws.
• 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
• Certified Regulatory Compliance Manager (CRCM) designation, a plus.

This role offers the opportunity to shape and scale a compliance testing program in a dynamic, high-growth environment. If you enjoy structured problem-solving, regulatory complexity, and leveraging technology for smarter compliance, we’d love to hear from you!

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.

Our target new hire base salary ranges for this role are the following:

• US employees in New York City, Los Angeles, Seattle, or the San Francisco Bay Area: $171,000 - $213,700
• US employees outside of the New York City, Los Angeles, Seattle, or the San Francisco Bay Area: $153,900 - $192,300
• Canadian employees (any location): $161,600 CAD - $201,900 CAD

Mercury values diversity & belonging and is proud to be an Equal Employment Opportunity employer. All individuals seeking employment at Mercury are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, gender identity, sexual orientation, or any other legally protected characteristic. We are committed to providing reasonable accommodations throughout the recruitment process for applicants with disabilities or special needs. If you need assistance, or an accommodation, please let your recruiter know once you are contacted about a role.

We use Covey as part of our hiring and / or promotional process for jobs in NYC and certain features may qualify it as an AEDT. As part of the evaluation process we provide Covey with job requirements and candidate submitted applications. We began using Covey Scout for Inbound on January 22, 2024. Please see the independent bias audit report covering our use of Covey here.

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