Senior Risk Investigator - Ongoing Due Diligence

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. Mercury is building a complete finance stack for startups. Since we launched Mercury in 2019, our customer base has grown to over 200,000 startups and small businesses from all around the world. As our business grows increasingly more complex with larger reach, we have to ensure we continue to understand who our customers are and the industries in which they operate. This responsibility is at the center of our Ongoing Due Diligence (ODD) team’s mission

As the business grows, so too must our ODD team. We are seeking a detail-oriented Senior Ongoing Due Diligence Risk Investigator to join our team. This role will oversee multiple initiatives at once and should have experience leading and implementing cross-functional programs in BSA/AML KYC, Fraud, and Risk at major financial institutions/fintechs. Responsibilities include helping to scale ODD’s operational processes by implementing and driving changes in procedures and tooling. This individual will work to enhance existing processes, develop new KYC/EDD controls and metrics. This role will report to our KYC Manager and will be supported by a highly functional Risk team.

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

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

• Partner cross-functionally with Compliance, Legal, Product, Risk Strategy and additional groups to enhance Mercury’s ongoing due diligence program and drive efficiency using data and technology
• Identify and prioritize opportunities for utilizing process reengineering to achieve the goals of the enterprise; Drives creation of and/or changes to existing processes, procedures, workflows, and related documentation.
• Contribute to the development of Quality Control (QC) and Quality Assurance (QA) processes for existing and new controls
• Draft and refine desktop procedures for various KYC/EDD controls
• Assist in the creation of metric dashboards to monitor control performance and remediation status
• Assist in KYC Refresh of current Client population as needed to ensure their information remains up to date
• Conduct Source of Fund and US Nexus reviews of new and existing clients
• Handle to Respond for Information (RFI) requests from wire partners on organizations and transactions
• Minimize Mercury’s sanctions exposure and reputational risk through the review …