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.

Here are some things you’ll do on the job:

• 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
• 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

You should:

• Have 5-7+ years of experience in building and/or operating prudential compliance programs including Regulations W and O and have a strong understanding of prudential regulations and regulatory expectations
• Be well-versed in representing program outputs and decisions to senior executives, internal auditors, prudential regulators, and other third parties / stakeholders
• Approach your work with a high quality bar and a strong sense of ownership - you see things through to completion and don’t settle
• Bring a collaborative, problem-solving mindset to your work, have strong stakeholder management skills, and an ability to influence without direct authority
• Be excited about using technology, including artificial intelligence, to enhance your capabilities and advance the profession in ways others may never even think of
• *Nice-to-have*: You have prior experience working in quantitative fields including finance, credit, and/or strategic operations

Compensation:

The total rewards package at Mercury includes base salary, equity (stock options/RSUs), 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: $163,000 - $203,800
• US employees outside of New York City, Los Angeles, Seattle, or the San Francisco Bay Area: $146,700 - $183,400
• Canadian employees (any location): CAD 154,100 - 192,600

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.

*Mercury is a fintech company, not an FDIC-insured bank. Banking services provided through Choice Financial Group and Column N.A., Members FDIC.

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