Mercury

Senior Internal Auditor

New York, New York, United States

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

About Mercury

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. To accomplish this mission, not only do we have to build/maintain a magical banking platform but must also develop and uphold the trust and safety of our customers and the financial industry. To contribute to this effort, we’re looking to hire a Senior Internal Auditor to support the efforts of our Internal Audit function at Mercury in the execution of our audit plan. You’ll help drive audits internally within Mercury as well as support audits being conducted externally by partners and third parties. Over time, you will become a subject matter expert on Mercury’s operations and compliance obligations.

*Mercury is a financial technology company, not a bank. Banking services provided through Choice Financial Group, Column N.A., and Evolve Bank & Trust, Members FDIC.

Responsibilities

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

  • Assist in identifying, analyzing, and assessing risk throughout Mercury and contribute to the development of the annual audit plan
  • Scope and plan multiple audits across Mercury products and operations
  • Conduct process walkthroughs and execute audit testing to confirm the design and operational effectiveness of internal controls
  • Assess compliance with Mercury’s compliance obligations
  • Socialize, document, and report audit issues identified
  • Collaborate with teams to develop appropriate action plans, track audit issue remediation, and conduct issue follow up testing
  • Other duties as assigned

Qualifications

Some things that might make you successful in a role like this:

  • Have experience scoping and planning new, complex audits
  • Have experience leading audit teams and coaching team members
  • Be comfortable conducting walkthroughs, creating audit test plans, and executing internal controls testing
  • Have experience working with financial services companies, and have a working knowledge of laws, regulations and risk management standards for financial services
  • Have experience in auditing BSA/AML/Sanctions compliance, payments (wires / ACH), and/or Card products.
  • Have the ability to quickly grasp and understand complex business processes
  • Be able to build relationships/partnerships and work cross-functionally to drive time-sensitive deliverables, issues tracking, and reporting
  • Have excellent written and verbal communication skills
  • Be able to manage their own schedule to ensure deadlines are met
  • Be a self-starter, someone who likes to innovate and think about how we can do things differently to be more efficient and effective

Compensation and Benefits

The total rewards package at Mercury includes base salary, equity (stock options), and benefits. Our salary and equity ranges are highly competitive within the SaaS and fintech industry and are updated regularly using the most reliable compensation survey data for our industry. New hire offers are made based on a candidate’s experience, expertise, geographic location, and internal pay equity relative to peers.

Our target new hire base salary ranges for this role are the following:

  • US employees in New York City, Los Angeles, Seattle, or the San Francisco Bay Area: $132,400 - $149,900
  • US employees outside of the New York City, Los Angeles, Seattle, or the San Francisco Bay Area: $119,200 - $134,100
  • Canadian employees (any location): CAD 125,100 - 140,800

Equal Employment Opportunity

Mercury values diversity & belonging and is proud to be an Equal Employment Opportunity employer. All individuals seeking employment at Mercury are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, gender identity, sexual orientation, or any other legally protected characteristic. We are committed to providing reasonable accommodations throughout the recruitment process for applicants with disabilities or special needs. If you need assistance, or an accommod

Skills

Internal Audit
Risk Assessment
Audit Planning
Internal Controls
Compliance
Financial Services
Audit Testing
Issue Remediation

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.

Land your dream remote job 3x faster with AI