Compliance Advisory Manager (Debit/Prepaid)
MarqetaSalary not specified
- Full Time
- Junior (1 to 2 years)
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Technology, PaymentsIndustries
Position Overview
- Location Type: Not specified
- Employment Type: Not specified
- Salary: Not specified
This role within Mercury’s Product Compliance team focuses on ensuring the compliance of Payments Products, specifically ACH, Wires, and Checks, in collaboration with the Payments Product team. The goal is to empower product teams to build compliant-by-design products and mitigate potential compliance risks. This position requires a proactive approach to identifying compliance challenges and collaborating with various teams to develop and implement solutions.
Requirements
- Experience: 5-7 years of experience in a compliance advisory role.
- Industry: Ideally in a financial technology company or the payments industry.
- Subject Matter Expertise: Strong understanding of Nacha compliance.
- Knowledge: Knowledge of banking payments rails and Mastercard rules.
- Track Record: Demonstrated experience working with product teams on regulatory compliance matters, including:
- Financial crimes
- Licensing requirements
- Regulatory reporting
- Financial product obligations
- Consumer compliance
- Conduct risk
- Complaints handling
- Risk Evaluation: Experience evaluating emerging products for compliance risk.
- Problem Solving: Ability to identify and define problems, build project plans, and manage implementation of solutions.
- Communication: Excellent communication skills to effectively interact with various business lines and senior management.
Responsibilities
- Work closely with cross-functional risk and product teams to ensure products meet regulatory and partner compliance obligations.
- Ensure ACH payment processes and products comply with Nacha rules and regulations, staying updated on changes.
- Support new payment product launches by scoping, defining, and communicating product and compliance requirements.
- Drive remediation efforts for existing products within the defined scope.
- Support the compliance function in defining and achieving departmental initiatives, maintaining policies and procedures, developing documentation, and liaising with auditors.
- Contribute to building a strong culture of compliance across Mercury.
Application Instructions
- Not specified
Company Information
- Not specified
Skills
Nacha compliance
Banking payments rails
Mastercard rules
Regulatory compliance
Financial crimes
Licensing requirements
Regulatory reporting
Financial product obligations
Consumer compliance
Conduct risk
Complaints handling
Risk evaluation
Problem solving
Communication
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