Compliance Advisory Manager (Debit/Prepaid)
MarqetaSalary not specified
- Full Time
- Junior (1 to 2 years)
Mercury
Senior Compliance Risk Manager - Product Compliance, Personal Banking
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial TechnologyIndustries
Position Overview
- Location Type: Remote
- Job Type: Full-time
- Salary: Not specified
This role focuses on supporting Mercury’s Product Compliance team, specifically within the Personal Banking Product area. The goal is to help build and maintain a robust compliance program that ensures personal banking products meet regulatory and partner requirements. This involves advising product teams, identifying compliance risks, and supporting new product development. 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.
Requirements
- Experience: 5-7 years of experience working in a compliance advisory role, ideally within a financial technology company.
- Subject Matter Expertise: Strong knowledge of consumer regulatory compliance, including:
- Regulation E (Electronic Funds Transfer)
- Regulation Z (Truth in Lending)
- UDAAP (Unfair, Deceptive, or Abusive Acts or Practices)
- CFPB (Consumer Financial Protection Bureau) guidelines
- Product Compliance 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
- Emerging Product Evaluation: Ability to evaluate new products for compliance risk and collaborate with stakeholders to implement creative solutions.
- Review Experience: Experience conducting compliance reviews of new products and marketing materials.
Responsibilities
- Work closely with cross-functional risk and product teams to bring Mercury products to market in a compliant manner.
- Stay up-to-date with regulatory changes, best practices, and industry developments, and implement necessary updates.
- Support expansion for new payments product launches by scoping, defining, and communicating product and compliance requirements.
- Work cross-functionally to drive remediation efforts for products within 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 in the provided text.
Skills
Consumer Regulatory Compliance
Regulation E
Regulation Z
UDAAP
CFPB Guidelines
Financial Crimes
Licensing Requirements
Regulatory Reporting
Financial Product Obligations
Consumer Compliance
Conduct Risk
Complaints Handling
Product Compliance
Compliance Review
Emerging Product Evaluation
Regulatory Updates
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