Remote opportunity at
MercuryThird Party Risk Manager
Mercury is seeking a Third Party Risk Manager to join its growing team on a remote basis. As the company works toward becoming a bank, this…
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About This Role
Mercury is seeking a Third Party Risk Manager to join its growing team on a remote basis. As the company works toward becoming a bank, this role focuses on enterprise-wide third-party risk management to help protect the organization, its clients, and the broader financial ecosystem. Reporting to the Senior Manager of Third Party Risk Management, the incumbent will execute risk evaluations, assist with risk data reporting, and perform second-line oversight…
Job Description
Mercury is seeking a Third Party Risk Manager to join its growing team on a remote basis. As the company works toward becoming a bank, this role focuses on enterprise-wide third-party risk management to help protect the organization, its clients, and the broader financial ecosystem. Reporting to the Senior Manager of Third Party Risk Management, the incumbent will execute risk evaluations, assist with risk data reporting, and perform second-line oversight duties. This position requires collaboration with various subject matter experts across compliance, information security, privacy, and procurement to ensure program requirements are met throughout the third-party lifecycle.
This opportunity is well-suited for a risk professional eager to shape a maturing program that aligns with regulatory expectations for banking operations. The total compensation package incorporates base salary, equity through stock options or restricted stock units, and comprehensive benefits. Base salary ranges vary by geography, with specific tiers for employees located in New York City, Los Angeles, Seattle, or the San Francisco Bay Area, other United States locations, and Canada.
Responsibilities
- Conduct risk evaluations for third-party vendors, assign risk ratings, and track identified issues through to their resolution.
- Perform second-line oversight by reviewing and challenging first-line due diligence, ongoing monitoring, and related approvals.
- Maintain metrics and risk reporting for management and governance bodies while preserving underlying data accuracy.
- Contribute to the implementation of software tools and automation systems to drive operational efficiency.
- Participate in program improvement initiatives, including policy updates and lifecycle risk management enhancements.
Requirements
- Minimum of 4 years of experience in third-party risk management, including at least 2 years gained within a regulated financial institution or a fintech partnering with banks.
- Working familiarity with regulatory expectations regarding third-party relationships, such as interagency guidance and FFIEC, OCC, and FDIC standards.
- Practical background in performing risk evaluations across multiple domains beyond information security.
- Experience providing evidence-based challenge to first-line risk management activities and supporting regulatory audits or examinations.
- Project management capabilities with a history of cross-functional collaboration and influencing stakeholders without direct authority.
Qualifications
- Prior employment at a bank or a fintech transitioning toward banking operations.
- Background in enhancing or uplifting established third-party risk management frameworks.
- Familiarity with enterprise risk concepts such as risk appetite statements, risk registers, and committee reporting.
- Experience utilizing risk management tooling, workflow automation, or artificial intelligence applications.
- Possession of relevant professional certifications such as CISA or CGRC.
Core Skills
Benefits
- Base salary compensation
- Equity in the form of stock options or RSUs
- Comprehensive benefits package
Frequently Asked Questions
Answers are based only on the employer’s listing; where it doesn’t say, neither do we.
Is this position remote?
Yes, the posting explicitly lists the location as remote.
What is the employment type?
The role is a full-time position.
What is the salary range for this position?
The base salary depends on geographic location. For US employees in NYC, LA, Seattle, or the SF Bay Area, it ranges from $132,400 to $165,500 USD. For other US employees, it is $119,200 to $149,000 USD, and for Canadian employees, it spans $125,100 to $156,400 CAD.
What experience is required for this role?
Candidates must have at least 4 years of third-party risk management experience, with a minimum of 2 years in a regulated financial services environment.
Sample Interview Questions
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