[Remote] VP - Risk & Banking Operations at Mercury

New York, New York, United States

Mercury Logo
Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, BankingIndustries

Skills

Key technologies and capabilities for this role

Risk ManagementBanking OperationsKYC/KYBEDD/ODDFraud DetectionDispute ResolutionTreasury OperationsPayments OperationsLifecycle OperationsLeadershipStrategic PlanningTeam DevelopmentFintechCompliance

Questions & Answers

Common questions about this position

What is the salary for the VP - Risk & Banking Operations role?

This information is not specified in the job description.

Is this position remote or does it require office work?

This information is not specified in the job description.

What leadership experience is required for this role?

The role requires leading a growing organization of 120+ people and a direct team of experienced leaders across Risk & Banking Operations functions.

What does the team structure look like for this position?

You will lead a growing organization of 120+ people across teams including Onboarding, KYC/KYB, EDD/ODD, Fraud & Disputes, Treasury Operations, Payments Operations, and Lifecycle Operations.

What kind of company culture does Mercury promote for this role?

Mercury promotes a culture of collaboration, strong risk thinking, dedication, training, and expertise, with risk and compliance considered holistically.

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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