Senior Compliance Risk Manager - Prudential (Reg W, Reg O)

<p>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.</p> <p>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.&nbsp;</p> <p>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.</p> <h3>Here are some things you’ll do on the job:</h3> <ul> <li>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</li> <li>Interface directly with and advise Mercury’s senior management on permissibility / advisability of proposed transactions</li> <li>Engage and partner deeply with stakeholders across the organization including Legal, Finance, People/HR, Credit, etc.</li> <li>Play a pivotal role in shaping how some of Mercury’s most business critical transactions come together in a safe and sound manner</li> <li>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</li> <li>Maintain records and documentation on all prudential regulatory compliance activities and programs</li> </ul> <h3>You should:</h3> <ul> <li>Have 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</li> <li>Be well-versed in representing program outputs and decisions to senior executives, internal auditors, prudential regulators, and other third parties / stakeholders</li> <li>Approach your work with a high quality bar and a strong sense of ownership - you see things through to completion and don’t settle</li> <li>Bring a collaborative, problem-solving mindset to your work, have strong stakeholder management skills, and an ability to influence without direct authority</li> <li>Be excited about using technology, including artificial int