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◆ 9/10
fintechOtherremote
About this role
Mercury is seeking a Trading Operations Lead to manage and scale trading operations for its SEC-registered investment advisor and FINRA-member broker-dealer. The role requires deep expertise in brokerage and trading operations.
Description
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. Underneath all our products is a massive web of partners that users don’t see, requiring significant product and process investment.
Responsibilities
- Own the trading operations and supervisory framework, providing licensed principal oversight of order and trade activity across money market funds, mutual funds, ETFs, and fixed income.
- Oversee operational controls, reconciliations, exceptions, and escalations, partnering closely with Engineering and Product on system-managed workflows and with our carrying broker and other investment partners to investigate issues, resolve breaks, and ensure trading activity operates within established procedures and supervisory requirements.
- Own the trade surveillance and operational control framework, including licensed supervisory review where required, oversight of pre- and post-trade controls, best execution monitoring, trade breaks and errors, escalation and remediation, and evidence that required reviews and controls are operating as designed.
- Coordinate with Financial Crimes on surveillance alerts, suspicious activity escalations, and shared monitoring obligations.
- Own supervision of trading and order-flow reporting obligations, including CAT, CAIS, and TRACE, coordinating with our carrying broker and third-party reporting vendor.
- Ensure timely and accurate compliance with SEC Rules 606 and 607 and FINRA Rule 6151, and provide supervisory review of customer account statements and trade confirmations.
- Serve as the operational escalation point for trade errors, breaks, and settlement issues, coordinating investigation and resolution across Engineering, Product, Compliance, and our carrying and executing partners.
- Oversee trading-related books and records requirements, partnering with Engineering, Compliance, and our carrying broker to ensure required trade, order, allocation, and supervisory records are appropriately generated, retained, and retrievable.
- Own and maintain trading operations procedures and contribute to applicable Written Supervisory Procedures.
- Lead trading operations readiness for regulatory exams, audits, and internal testing.
- Manage day-to-day operational relationships with our carrying broker, executing brokers, custodians, fund companies, and transfer agents.
- Partner closely with Product and Engineering on system-managed trading workflows and controls.
- Build the reporting and operational visibility needed to oversee the trading function.
- Partner with Compliance, Finance, Legal, Risk, Product, and Engineering on new products, partners, and regulatory changes.
Requirements
- Hold active FINRA Series 7, Series 63, and Series 24 licenses (Series 99 or Series 57 a plus).
- 8+ years in trading, brokerage, or investment operations, including direct ownership of trade lifecycle, settlement, or trading control functions.
- Have hands-on operational experience across fixed income, mutual funds, and ETFs.
- Have built or materially improved a trade surveillance or operational control framework.
- Possess a strong working knowledge of the operational requirements under FINRA and SEC rules.
- Communicate clearly in writing.
- Be comfortable operating in ambiguity and at speed.
- Bring judgment about when to automate, when to add a control, and when to accept a manual step.
Conditions & Benefits
- Total rewards package includes base salary, equity (stock options/RSUs), and benefits.
- Competitive salary and equity ranges within the SaaS and fintech industry.
- New hire offers are based on experience, expertise, geographic location, and internal pay equity.
- Target new hire base salary ranges for this role:
Job Details
Salary$121,500–$168,700
LocationRemote
AI Score★★★★★★★★★☆ 9/10
PostedSep 15, 2026 (5d ago)
Tags & Skills
fintechOtherremote
Tech Stack
FINRASECtrading operationsbrokerageinvestment operationstrade lifecyclesettlementoperational controlstrade surveillancecompliance