Mercury

Overview

We’re hiring a Head of Market & Liquidity Risk to lead independent second-line oversight of Mercury’s liquidity, interest-rate, funding, investment, and related balance-sheet risks.

About Mercury

Mercury is a fintech company providing banking services through Choice Financial Group and Column N.A., Members FDIC.

Requirements & Eligibility

• Have 12+ years of experience in liquidity risk, interest-rate risk, treasury risk, market risk, asset-liability management, or broader financial-risk management
• Bring meaningful experience in an independent second-line role at a regulated bank, financial institution, fintech, or similarly complex financial-services company
• Have deep knowledge of liquidity, funding, stress testing, contingency funding, and interest-rate risk measurement, including net interest income and economic value sensitivity
• Have experience challenging Treasury strategies, models, and assumptions while building a trusted and productive working relationship
• Understand risk appetite, limits, escalation processes, and executive- and Board-level risk reporting
• Translate quantitative analysis into clear risk judgments and practical recommendations for technical and nontechnical audiences
• Exercise strong independent judgment while navigating ambiguity, collaborating across functions, and building frameworks that can scale

Key Responsibilities

• Lead Mercury’s second-line framework for identifying, measuring, monitoring, and reporting liquidity, interest-rate, funding, investment, and related market risks
• Serve as the primary independent Risk partner to Treasury and Finance, providing constructive challenge of balance-sheet strategy, liquidity management, funding plans, investment activity, and hedging decisions
• Help develop and maintain financial-risk policies, risk-appetite measures, limits, key risk indicators, management triggers, and escalation standards
• Help oversee liquidity-risk monitoring, stress testing, and contingency funding, including independent assessment of deposit behavior, funding concentrations, liquidity buffers, collateral, and contingent funding capacity
• Evaluate interest-rate risk and challenge key modeling assumptions, including net interest income and economic value sensitivity, deposit betas, decay rates, repricing behavior, duration, and basis risk
• Help assess the financial-risk implications of new products, rapid growth, market disruption, changes in customer behavior, and developments involving financial partners
• Partner with Model Risk Management, Enterprise Risk, Credit Risk, and Data teams to oversee models, data quality, risk assessments, issue management, and reporting infrastructure
• Support bank-partner oversight, audits, independent reviews, and regulatory examinations while monitoring relevant market and regulatory developments