Ongoing Due Diligence Specialist

Mercury is the fintech startups use for banking* and all their financial workflows. This turns out to be a pretty wild endeavor so we’re looking to bring someone smart onto our Ongoing Due Diligence (ODD) team to help us out. We are seeking a detail-oriented and experienced individual with a background in either risk banking compliance AML fraud or regulatory to assist our ODD team. In this role you will be responsible for conducting thorough reviews of existing accounts to ensure compliance with regulatory requirements.

*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:

• Conduct address verification checks by reviewing proof of address documents and IP logs

• Conduct source of funds reviews to verify the legitimacy of funds used to open and maintain accounts

• Perform US Nexus reviews to determine if an account has any connections to the United States

• Identify and escalate any potential issues or concerns to management

• Maintain accurate and up-to-date records of all reviews conducted

Some things that might make you successful in a role like this:

• Have a strong understanding of regulatory requirements

• Be a highly motivated self-starter comfortable working within a high risk environment

• Work efficiently and independently but know when to ask for help

• Enjoy and have experience working autonomously in a queue based role understanding how to prioritize your work and keep an organized clean inbox and queue

• Place an emphasis on quality - paying very close attention to detail to keep bad actors out and ensure we’re letting good customers in

• Have great critical thinking skills and enjoy problem solving

• Have great written communication skills

Schedule Information:

• Required: to work ~40 hours per week

• This position requires you to be able to work a Monday - Friday schedule

• Working hours are flexible as long as you can work generally between the hours of 8am ET and 6pm PT (in your local time zone)

• Length of Contract: 4 months (possibility of extension or conversion to full time based on team need and performance in the role)

Hourly rates for this role are the following:

• US employees: $35.00/hour

• Canadian employees (any location): CAD 33.00/hour

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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