Senior Compliance Risk Manager - Prudential

Mercury•Portland, OR

5d•$146,700 - $203,800

About The Position

With Mercury’s continued progress toward becoming a chartered bank, establishing a strong and forward-looking prudential compliance program is a key part of building a durable, regulator-ready foundation. In this role, you will report to our Director, Bank Regulatory Compliance and will steward the implementation and operation of a scalable, regulator-ready prudential regulatory compliance program to support bank charter readiness, beginning with Regulations W and O. This role combines strategic program design with operational execution, ensuring Mercury can establish and run a prudential compliance program aligned with regulatory expectations and a digital-first business model. You will define how Mercury ensures it operates in a safe and sound manner, within the boundaries of prudential regulatory requirements, translating regulatory requirements into a program that is credible, measurable, and integrated into how we operate.

Requirements

5-7+ years of experience in building and/or operating prudential compliance programs including Regulations W and O and have a strong understanding of prudential regulations and regulatory expectations
Be well-versed in representing program outputs and decisions to senior executives, internal auditors, prudential regulators, and other third parties / stakeholders
Approach your work with a high quality bar and a strong sense of ownership - you see things through to completion and don’t settle
Bring a collaborative, problem-solving mindset to your work, have strong stakeholder management skills, and an ability to influence without direct authority
Be excited about using technology, including artificial intelligence, to enhance your capabilities and advance the profession in ways others may never even think of

Nice To Haves

Prior experience working in quantitative fields including finance, credit, and/or strategic operations

Responsibilities

Implement and operate Mercury’s first prudential regulatory compliance program for banking (focusing initially on Regulations W and O) including policies, procedures, governance framework, transactional controls and ongoing monitoring activities
Interface directly with and advise Mercury’s senior management on permissibility / advisability of proposed transactions
Engage and partner deeply with stakeholders across the organization including Legal, Finance, People/HR, Credit, etc.
Play a pivotal role in shaping how some of Mercury’s most business critical transactions come together in a safe and sound manner
Educate and grow Mercury’s compliance culture, awareness of prudential regulatory obligations, and best in-class practices via training and guidance to bank staff regarding prudential regulatory requirements
Maintain records and documentation on all prudential regulatory compliance activities and programs