Head of Compliance Advisory - Banking
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 seasoned and strategic compliance leader to serve as Head of Compliance Advisory for our banking* products, overseeing a high-performing team of compliance professionals. This team partners deeply with product, legal, risk, and operations counterparts to enable compliant innovation across our banking offerings. As a leader in Mercury’s Compliance organization, you will be responsible for shaping team priorities, ensuring high-quality execution, and continuing to evolve our product governance approach in response to regulatory, partner, and business needs.
Your team plays a critical role in ensuring both new and existing products meet applicable financial partner and regulatory requirements. You will help drive strategy, set operational standards, and serve as a key advisor in scaling Mercury’s banking offerings responsibly.
*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:
Lead the Banking Compliance Advisory team, aligning compliance advisory efforts with Mercury’s business goals and product roadmap
Provide strategic direction and day-to-day oversight for a team responsible for a wide range of compliance advisory functions, including:
New product advisory: Partner with product and legal to shape and support compliant design and launch of new features and offerings
Ad hoc advisory: Act as a trusted compliance resource across the business for nuanced or novel questions
Issue advisory and remediation support: Guide product and operations teams in managing compliance incidents and remediating root causes
Policy development and refresh: Own and evolve compliance policies in collaboration with subject matter experts and regulatory stakeholders
Training content SME: Inform training strategy by contributing compliance expertise to internal enablement efforts
Product risk assessment support: Embed compliance perspectives in product risk assessments and launch readiness reviews
Regulatory and partner change management: Interpret and operationalize regulatory and partner-driven requirements and changes
Partner management and response: Serve as a compliance representative in partner meetings and responses, supporting relationship health and contractual alignment
Marketing reviews: Review and advise on marketing campaigns and materials to ensure regulatory and reputational compliance
Strengthen cross-functional collaboration with product, legal, engineering, and risk teams to deliver responsible innovation at scale
Represent Compliance in external conversations with partners and regulators, offering thoughtful input that balances product opportunity with regulatory clarity
Support the execution of Compliance department initiatives, including audit readiness, documentation improvements, and cross-cutting operational projects
Reinforce and grow a culture of compliance across the organization by modeling Mercury’s values and championing sound decision-making
You should have:
8+ years of experience in a compliance advisory role, ideally within financial institution, fintech, banking-as-a-service, or consumer finance industries
A strong track record of leading and developing compliance teams, preferably in high-growth environments
Deep subject matter expertise in applicable regulations related to banking, consumer protection, financial crimes, and regulatory reporting
Proven experience working cross-functionally with product, engineering, legal, and risk on complex compliance challenges
Strong communication and influencing skills, with the ability to tailor messaging across audiences and drive alignment across stakeholders
A pragmatic and solution-oriented mindset—able to navigate ambiguity and make risk-based decisions quickly and thoughtfully
Experience supporting compliance policy frameworks, regulatory examinations, audits, and partner due diligence processes
Passion for innovation in financial services, and a desire to help Mercury redefine how banking can enable businesses
The total rewards package at Mercury includes base salary, equity, 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: $252,500 - $315,600
US employees outside of the New York City, Los Angeles, Seattle, or the San Francisco Bay Area: $227,300 - $284,000
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.
#LI-JB1
Head of Compliance Advisory - Banking
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 seasoned and strategic compliance leader to serve as Head of Compliance Advisory for our banking* products, overseeing a high-performing team of compliance professionals. This team partners deeply with product, legal, risk, and operations counterparts to enable compliant innovation across our banking offerings. As a leader in Mercury’s Compliance organization, you will be responsible for shaping team priorities, ensuring high-quality execution, and continuing to evolve our product governance approach in response to regulatory, partner, and business needs.
Your team plays a critical role in ensuring both new and existing products meet applicable financial partner and regulatory requirements. You will help drive strategy, set operational standards, and serve as a key advisor in scaling Mercury’s banking offerings responsibly.
*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:
Lead the Banking Compliance Advisory team, aligning compliance advisory efforts with Mercury’s business goals and product roadmap
Provide strategic direction and day-to-day oversight for a team responsible for a wide range of compliance advisory functions, including:
New product advisory: Partner with product and legal to shape and support compliant design and launch of new features and offerings
Ad hoc advisory: Act as a trusted compliance resource across the business for nuanced or novel questions
Issue advisory and remediation support: Guide product and operations teams in managing compliance incidents and remediating root causes
Policy development and refresh: Own and evolve compliance policies in collaboration with subject matter experts and regulatory stakeholders
Training content SME: Inform training strategy by contributing compliance expertise to internal enablement efforts
Product risk assessment support: Embed compliance perspectives in product risk assessments and launch readiness reviews
Regulatory and partner change management: Interpret and operationalize regulatory and partner-driven requirements and changes
Partner management and response: Serve as a compliance representative in partner meetings and responses, supporting relationship health and contractual alignment
Marketing reviews: Review and advise on marketing campaigns and materials to ensure regulatory and reputational compliance
Strengthen cross-functional collaboration with product, legal, engineering, and risk teams to deliver responsible innovation at scale
Represent Compliance in external conversations with partners and regulators, offering thoughtful input that balances product opportunity with regulatory clarity
Support the execution of Compliance department initiatives, including audit readiness, documentation improvements, and cross-cutting operational projects
Reinforce and grow a culture of compliance across the organization by modeling Mercury’s values and championing sound decision-making
You should have:
8+ years of experience in a compliance advisory role, ideally within financial institution, fintech, banking-as-a-service, or consumer finance industries
A strong track record of leading and developing compliance teams, preferably in high-growth environments
Deep subject matter expertise in applicable regulations related to banking, consumer protection, financial crimes, and regulatory reporting
Proven experience working cross-functionally with product, engineering, legal, and risk on complex compliance challenges
Strong communication and influencing skills, with the ability to tailor messaging across audiences and drive alignment across stakeholders
A pragmatic and solution-oriented mindset—able to navigate ambiguity and make risk-based decisions quickly and thoughtfully
Experience supporting compliance policy frameworks, regulatory examinations, audits, and partner due diligence processes
Passion for innovation in financial services, and a desire to help Mercury redefine how banking can enable businesses
The total rewards package at Mercury includes base salary, equity, 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: $252,500 - $315,600
US employees outside of the New York City, Los Angeles, Seattle, or the San Francisco Bay Area: $227,300 - $284,000
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.
#LI-JB1