Head of Market & Liquidity Risk (Fintech)

Location: San Francisco, CA; New York, NY; Portland, OR; or remote within the United States

Salary: $252,000–$315,600 USD annually for employees in New York City, Los Angeles, Seattle, or the San Francisco Bay Area; $227,300–$284,000 USD annually for employees elsewhere in the United States.

Company

Mercury is a fintech and SaaS company providing banking services through partner financial institutions.

What you will do

• Lead the second-line framework for identifying, measuring, monitoring, and reporting liquidity, interest-rate, funding, investment, and market risks.
• Provide independent challenge to Treasury and Finance strategies, balance-sheet plans, funding activities, investment decisions, hedging, models, and assumptions.
• Develop financial-risk policies, risk-appetite measures, limits, key risk indicators, management triggers, and escalation standards.
• Oversee liquidity monitoring, stress testing, contingency funding, deposit behavior analysis, funding concentrations, liquidity buffers, collateral, and contingent funding capacity.
• Assess interest-rate risk, including net interest income, economic value sensitivity, deposit betas, decay rates, repricing behavior, duration, and basis risk.
• Build scalable risk capabilities through automation, scenario analysis, early-warning indicators, governance, partner oversight, audits, and executive reporting.

Requirements

• 12+ years of experience in liquidity risk, interest-rate risk, treasury risk, market risk, asset-liability management, or broader financial-risk management.
• Meaningful experience in an independent second-line role at a regulated bank, financial institution, fintech, or similarly complex financial-services company.
• Deep knowledge of liquidity, funding, stress testing, contingency funding, and interest-rate risk measurement.
• Experience challenging Treasury strategies, models, and assumptions while maintaining effective cross-functional relationships.
• Understanding of risk appetite, limits, escalation processes, and executive- and Board-level risk reporting.
• Ability to translate quantitative analysis into clear judgments and practical recommendations for technical and nontechnical audiences.

Nice to have

• Experience with bank-partner oversight, regulatory examinations, independent reviews, or financial-risk infrastructure in a rapidly growing fintech.

Culture & Benefits

• Collaborative environment within the Enterprise Risk team.
• Close partnership with Treasury, Finance, Data, Product, Legal, Compliance, executive leadership, and banking partners.
• Total rewards include base salary, equity through stock options or RSUs, and benefits.
• Commitment to diversity, belonging, equal employment opportunity, and reasonable accommodations during recruitment.