Senior Compliance Risk Manager - Third Party Risk Management

Mercury is revolutionizing finance for startups by building a complete, user-friendly banking* stack. We prioritize creating a secure and seamless experience for entrepreneurs while upholding the highest standards of compliance and safety.

In the Senior Compliance Risk Manager - Third Party Risk Management (TPRM) role, you will play a crucial part in safeguarding Mercury, our customers, and the broader financial ecosystem from the risks associated with third parties. Reporting to the Senior Manager of Compliance Governance & Oversight, you will be responsible for maturing our TPRM program by driving process optimization, workflow enhancements, and ultimately managing and minimizing the impact of third-party risks.

This position demands a strategic and holistic approach to TPRM, rather than in-depth expertise in a specific domain like security or privacy. You will collaborate closely with subject-matter experts across Security, Privacy, and Procurement to ensure their requirements are seamlessly integrated into the overall program.

This is a unique opportunity to shape and mature a TPRM program within the dynamic fintech landscape. You will have the autonomy to innovate, drive process improvements, leverage data-driven insights, and significantly contribute to Mercury's success in this critical risk area. *Mercury is a financial technology company, not a bank. Banking services provided by Choice Financial Group, Column N.A., and Evolve Bank & Trust, Members FDIC.

As part of the journey, we would expect you to:

• Scale the existing third party risk management program by improving policies, due diligence and risk assessment processes, and management of risk across the third party lifecycle 

• Implement tooling, automation and efficiency enhancements to streamline processes

• Drive data integrity efforts and metrics capabilities for third party reporting 

• Implement and monitor third party issues management and monitoring

• Conduct day to day compliance reviews of third parties in line with the criteria and risk assessment processes you own and maintain.

There are lots of paths that could lead you to be successful in a role like this; we think the strongest candidates will have some of this experience:

• Proven experience in scaling and maturing TPRM programs, including policy development and process implementation.

• Strong program management skills, including expertise in regulatory guidance (e.g., FFIEC, OCC/FDIC) and industry best practices for TPRM programs.

• Excellent project management and data analysis skills, with a track record of implementing efficient and effective solutions.

• Collaborative mindset with a demonstrated ability to work cross-functionally and influence stakeholders.

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: $153,400 - $180,500

• US employees outside of New York City, Los Angeles, Seattle, or the San Francisco Bay Area: $138,100 - $162,500

• Canadian employees (any location): CAD $139,600 - $164,300

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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