Sanctions Manager - EMEA - Mercury

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. The challenge is to do so while ensuring we protect Mercury, customers and the broader financial ecosystem from bad actors and harmful, illegal or unauthorized activities. 

At Mercury, we’re taking Financial Crimes extremely seriously. The Sanctions team conducts investigations, develops procedures and builds controls with cross-functional partners to prevent, detect and report sanctioned and out of policy activities. As the Sanctions Manager - EMEA, you will drive and own the domain at Mercury. You will work closely with Compliance, Legal, Risk Strategy and Risk Product to ensure that the team has the tools, support, clarity and resources to do an excellent job. 

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

In this role, you will:

• Lead a team of sanctions investigators, overseeing operational procedures, refining alerts, conducting investigations for sanctions, PEP, and adverse media, and managing day-to-day workflows and staff performance
• Mentor and coach team members, including senior and junior individual contributors, to support development, performance, and career growth
• Enhance sanctions operations by implementing process automation, outsourcing when appropriate, and collaborating with Product teams to build tools and capabilities
• Identify training needs, performance gaps, and process improvements while providing actionable recommendations to management
• Perform due diligence as a checker or second reviewer, recording decisions on alerted transactions, SWIFT messages, and affiliated parties flagged by compliance filters
• Ensure business continuity under all conditions with strict adherence to guidelines and deadlines
• Maintain communication with branches and frontline teams, such as Customer Service and Ongoing Due Diligence teams, to ensure alignment on sanctions-related issues
• Oversee and maintain all data, guidelines, and procedures related to sanctions, PEP, and NNS screening
• Support the Senior Sanctions Investigations Manager on strategic initiatives, including addressing requests related to conditional approvals and process enhancements

You have:

• 6+ years of work experience in the sanctions domain
• Proven people management experience, ideally 1+ years leading investigators or similar teams
• Strong analytical thinking with a metrics-driven, results-oriented mindset
• Expertise in sanctions regulations, policies, best practices and tools
• Excellent organizational, verbal, written, and interpersonal skills
• The ability to multitask, adapt to shifting priorities, and effectively prioritize responsibilities to meet critical deadlines
• Experience thriving in fast-paced, demanding, and dynamic environments while maintaining composure under pressure
• The ability to work both collaboratively and independently while managing projects and assignments

Nice to have:

• ACAMS, CFCS, ACSS/CGSS certification (or willingness to become certified within one year of start date).
• Understanding of common payment and funds transfer methods and networks, their functioning and their liability rules such as card networks, ACH network, check processing, P2P, wire transfers, etc.

The total rewards package at Mercury includes base salary, equity (stock options), and benefits.

Our salary and equity ranges are highly competitive within the SaaS and fintech industry and are updated regularly using the most reliable compensation survey data for our industry. New hire offers are made based on a candidate’s experience, expertise, geographic location, and internal pay equity relative to peers.

Our target new hire base salary ranges for this role are the following:

• Ireland (any location): €103,000 - €128,000

We use Covey as part of our hiring and / or promotional process for jobs in NYC and certain features may qualify it as an AEDT. As part of the evaluation process we provide Covey with job requirements and candidate submitted applications. We began using Covey Scout for Inbound on January 22, 2024. Please see the independent bias audit report covering our use of Covey here.

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Last updated: 3 hours ago