Senior Compliance Risk Manager

Who you are

• 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

What the job involves

• 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
• 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

Benefits

• Health, dental, & vision
• 12+ weeks of paid parental leave
• $600 USD custom WFH equipment setup
• Unlimited vacation policy (with a mandatory minimum)
• Annual $1K learning & development budget
• Paid 6-week sabbatical after the 5-year mark
• Weekly $100 food budget
• Monthly $100 wellness budget
• Monthly $50 cellphone reimbursement
• Pet-friendly offices with free tea and beverages, plus lunch and snacks
• Unlimited vacation policy (with a mandatory minimum)
• Retirement matching up to 4% of base salary (401K/RRSP)
• Inclusive fertility, hormonal health, and family-forming benefits through Carrot Fertility