Compliance Risk Manager - Investments

In Rome, senators were barred from shipping grain for profit. In India, Buddhist parables warned of merchants who abused their customers’ trust. In 17th-century Amsterdam, the earliest shareholders demanded transparency from the world’s first joint-stock company. In every era, one principle has reasserted itself: where there is financial power, there must also be ethical infrastructure. Where there is innovation, there must also be restraint.

At Mercury, we believe compliance is the infrastructure of trust—a way to engineer safety, transparency, and integrity directly into the architecture of financial innovation. This isn’t about bureaucracy or backstops. It’s about building control systems that scale with ambition, that evolve with product velocity, and that speak fluently in the language of risk and regulation.

We’re hiring a Compliance Risk Manager - Investments to help us continue this tradition: someone who can translate regulation into design, design into process, and process into enduring trust. The Regulatory Compliance Risk Manager will independently execute on our investments compliance and supervision program while driving high-quality oversight across regulated entities, marketing programs, and financial partnership projects. This role bridges tactical execution with strategic ownership, providing operational clarity and regulatory confidence in how Mercury builds and scales.

This role is well-suited for someone who thrives on execution, is energized by precision, and enjoys cross-functional problem-solving. The individual will be a key contributor within Mercury’s Regulatory Compliance team and part of a collaborative environment. Responsibilities will span a wide range of areas, from licensing, surveillance, and regulatory filings to ensuring compliance with FINRA and SEC communications and marketing regulations. The role involves especially close coordination with licensed employees and stakeholders across Product, Marketing, Support, Legal, and Operations.

*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 be responsible for the following:

• Own execution of internal compliance controls for our regulated entities and contribute to ongoing risk assessment, surveillance, and monitoring processes

• Support the implementation and oversight of compliance programs across SEC, FINRA, and state lending regimes, ensuring day-to-day adherence to core regulatory obligations

• Monitor regulatory developments and help translate them into policy updates, operational guidance, or procedural enhancements

• Coordinate regulatory filings and licensing obligations, including onboarding/offboarding registered reps, responding to standard inquiries, and maintaining submission calendars

• Review marketing and communication content for compliance with FINRA Rule 2210 and the SEC Marketing Rule

• Partner with Product Marketing, Brand, and Legal to operationalize disclosure and communication standards

• Assist with investments financial partner compliance diligence, ongoing relationship monitoring, and oversight coordination

• Maintain accurate records of compliance activity, stakeholder approvals, and oversight actions in accordance with regulatory documentation standards

• Participate in internal investigations, audit readiness efforts, and responses to regulatory exams, inquiries, or escalations

• Conduct periodic reviews of employee disclosures, outside business activities, personal trading, and other supervised person certifications

• Manage documentation, workflows, and communications related to regulatory attestations, information barriers, and supervisory controls

• Support the continuous improvement of our compliance program by identifying process gaps, proposing automation opportunities, and helping implement sustainable fixes

You should:

• Have 3–5 years of experience in compliance or operations roles at a broker-dealer, RIA, or regulated fintech

• Hold active FINRA Series 7 and 24 licenses

• Be familiar with core rules and frameworks including FINRA Rule 3110, Rule 2210, SEC Rule 206(4)-7, and SEC Marketing Rule

• Be comfortable navigating ambiguity and applying regulatory concepts in evolving product or operational contexts

• Have excellent documentation and organizational skills—you’ll need to write clearly and manage records that stand up to audit

• Communicate clearly and enjoy working collaboratively to move things forward

• Bring clarity to ambiguity and structure to compliance program buildout

• Balance precision and pragmatism to help the business scale responsibly

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: $151,000 - $188,700

• US employees outside of New York City, Los Angeles, Seattle, or the San Francisco Bay Area: $135,800 - $169,800

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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