Head of AML Advisory

Mercury is building a complete finance stack for startups. We work hard to create the easiest and safest banking* experience possible to simplify entrepreneurs' and business owners’ financial lives. The challenge is to do so while ensuring we protect Mercury, customers and the broader financial ecosystem from bad actors and harmful, illegal or unauthorized activities. 

Mercury*, while not a bank itself, is an important part of the U.S. financial ecosystem. Mercury provides banking services to ambitious entrepreneurs, and in so doing, must play a part in also working to root out bad actors and prevent them from accessing or abusing the U.S. financial system. 

The BSA/AML & Sanctions compliance team serves as the oversight function for the overall AML & Sanctions program. As the Head of AML Advisory, you will drive and own day-to-day advisory and support of Mercury’s BSA/AML program spanning Know Your Customer (KYC), Transaction Monitoring, emerging risk, and customer supportability. This leadership role will report to Mercury’s BSA Officer and will require significant cross-functional engagement with our risk strategy and operations functions, product managers, engineers, and external financial partners. 

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

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

• Help to develop Mercury’s BSA/AML program, including supporting policy, control, governance, and training development 
• Work closely with the BSA/AML and Sanctions Compliance Officer, existing operational AML/BSA and KYC teams, and Product Compliance managers on aligning policies with implementation and addressing escalation
• Partner across Compliance, Risk, Legal, and Product, among other teams, to help guide Mercury’s growth in a highly-regulated space
• Serve as a champion and conduit for BSA/AML and KYC priorities across the company, and provide advisory to business partners as needed  
• Maintain an inventory of BSA/AML requirements; execute gap assessments and change management assessments as required, to ensure compliance with expectations from regulators, partner institutions, and Mercury’s policies 
• Support the execution of the AML/BSA and KYC Risk Assessments

We believe a successful candidate will have some of the following qualities:

• Minimum of 8+ years experience building and designing BSA/AML governance and policy programs at fintechs, traditional financial institutions, or ideally both 
&lt