Mercury

Head of Engineering - Risk

New York, New York, United States

Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, Regulated TechnologyIndustries

Position Overview

  • Location Type: Remote
  • Employment Type: Full-time
  • Salary: Not specified

The Risk function at Mercury plays a similar dual role: safeguarding our customers while enabling responsible and compliant expansion of our financial platform. As the Head of Risk Engineering, you will lead a group of engineers and managers dedicated to designing, developing, and scaling systems that underpin Mercury’s approach to fraud detection and regulatory compliance. You’ll work cross-functionally with product managers, designers, data scientists, compliance officers, and other product teams to ensure that Mercury’s risk systems are robust and adaptable to evolving challenges. Mercury stands out by embedding user experience at the heart of its products, ensuring risk systems are as intuitive as they are functional. Mercury is at a pivotal moment of growth, and we need a leader who can blend strategic vision with technical expertise, capable of building and leading a world-class risk engineering team that keeps us safe as we scale.

Requirements

  • Experience: 10+ years of engineering experience with at least 2 years in a senior leadership role (e.g., head, director, or senior manager).
  • Industry: Ideally within fintech or regulated technology environments.
  • Risk and Compliance Expertise: Deep experience in fraud prevention and compliance (KYC/KYB, AML).

Responsibilities

  • Strategy Definition: Define and execute a risk engineering strategy: develop plans that align with Mercury’s long-term vision to ensure that our approach to risk supports rapid and compliant growth.
  • Team Leadership: Lead a team of talented managers and engineers: foster a culture of excellence, innovation, user-centric design, and collaboration in our engineering team.
  • Infrastructure Development: Build and scale risk infrastructure: architect and scale foundational risk systems to support real-time decision-making, effective data management, and advanced fraud prevention.
  • Tool Development: Develop self-service tools for internal teams: empower product, compliance, and risk operations teams with extensive and user-friendly risk tooling, enabling independent monitoring and management of risk processes and reducing dependencies for day-to-day operations.
  • Compliance Support: Support compliance and regulatory standards: collaborate with legal and compliance experts to keep Mercury a compliance leader in an evolving regulatory climate.
  • Data-Driven Risk Management: Champion data-driven risk management: lead initiatives to leverage data and machine learning in fraud detection and compliance, providing Mercury with actionable insights and automated solutions that improve our resilience.

Application Instructions

  • Not specified.

Skills

Risk Engineering
Fraud Detection
Regulatory Compliance
KYC/KYB
AML
Leadership
Team Management
System Architecture
Real-time Decision Making
Strategic Planning
Cross-functional Collaboration

Mercury

Banking services for startups and founders

About Mercury

Mercury provides banking services specifically designed for startups, regardless of their size or stage of development. Their offerings include free checking and savings accounts, debit and credit cards, and options for domestic and international wire transfers, as well as treasury and venture debt services. The platform is user-friendly, allowing founders to manage their finances with ease. What sets Mercury apart from traditional banks is its focus on the startup community, offering programs that connect founders with valuable resources and advice to help them succeed. The goal of Mercury is to empower startups by providing them with the financial tools and support they need to grow and thrive.

San Francisco, CaliforniaHeadquarters
2017Year Founded
$146.8MTotal Funding
DEBTCompany Stage
Fintech, Financial ServicesIndustries
1,001-5,000Employees

Benefits

Health, dental, & vision
Custom equipment setup
401(K) matching
12+ weeks paid parental leave
Book budget
Wellness benefits
Grocery budget
Paid lunch
Personalized callsign
Unlimited vacation policy (with mandatory minimum)

Risks

Mercury's decision to stop serving certain countries may lead to customer loss.
Integration challenges from the Teal acquisition could disrupt services.
Expansion into consumer banking might divert focus from core startup services.

Differentiation

Mercury offers both business and personal banking services, unlike many fintech competitors.
The company provides integrated financial management tools, enhancing startup operational efficiency.
Mercury's Raise program connects startups with investors, mentors, and other founders.

Upsides

Mercury secured a $100 million credit warehouse to expand its credit card business.
The acquisition of Teal enhances Mercury's financial management offerings for startups.
Mercury Personal expands market reach by attracting tech-savvy individuals.

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