We use cookies to improve your experience and measure how our site is used. Learn more.
Senior Model Risk Manager - AI/ML
Mercury is building the financial stack - intuitive, powerful, and safe for entrepreneurs and businesses of all sizes. We have made a deliberate, company-wide bet on AI/ML. Across fraud detection, financial crime prevention, credit decisioning, and internal operations, machine learning and AI models are becoming core to how Mercury works, and that portfolio is growing fast.
As AI transforms financial services, every institution is being forced to ask a hard question: what does model risk management (MRM) actually mean in this new era? ML has powered fraud detection and credit decisioning for years, but the scope and technology has changed dramatically. Generative models, autonomous agents, and real-time systems are creating risks that existing MRM frameworks were never designed to govern. No one has fully solved this yet. We want to hire the person who will. Ideal candidates may come from a traditional model validation background with deep hands-on experience testing modern AI/ML systems, or from model development, applied AI, or research as data scientists, with a strong understanding of how risks emerge in complex systems and how to rigorously challenge them as they scale into production.
*Mercury is a fintech company, not an FDIC-insured bank. Banking services provided through Choice Financial Group and Column N.A., Members FDIC.
As Senior Model Risk Manager - AI/ML, you will define what model governance looks like for AI/ML at Mercury. That means continuously building and enhancing the frameworks, not just inheriting them. You will own validation, monitoring, and governance of Mercury’s AI/ML model portfolio, but more than that, you will be a thought leader in an industry-wide conversation about how MRM must evolve in the context of AI. You will partner closely with data scientists, engineers, compliance leads, and product teams, and you will help shape not just Mercury’s approach, but set a standard for what rigorous, forward-looking MRM on AI can look like in fintech.
Model Governance & Monitoring Oversight
Model Validation
MRM Advisory
AI Enablement for MRM
Culture and Advocacy
There are many paths that could lead you here. We think the strongest candidates will bring some combination of the following:
The total rewards package at Mercury includes base salary, equity, 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:
Mercury values diversity & belonging and is proud to be an Equal Employment Opportunity employer. All individuals seeking employment at Mercury are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, gender identity, sexual orientation, or any other legally protected characteristic. We are committed to providing reasonable accommodations throughout the recruitment process for applicants with disabilities or special needs. If you need assistance, or an accommodation, please let your recruiter know once you are contacted about a role.
#LI-MZ1
USD 200,700 - 250,900
Annually
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Flexible Spending Account (FSA)
Wellness Programs
401(k) / Retirement Plan
401(k) Match
Equity / RSUs
Pay Transparency
Commuter Benefits
Fertility Benefits
Parental Leave
Caregiver Policy
Sabbatical
Unlimited PTO
Learning & Development Budget
Minimum PTO Requirement
Paid Holidays
Sick Days
Volunteer Time Off
Home Office Stipend
Company Equipment
Meal Stipend
Company Offsites / Retreats
Free Snacks & Drinks
Team Events & Social Budget