[All remote jobs](https://jobicy.com/jobs.md)[![Mercury logo](https://jobicy.com/data/server-nyc0409/galaxy/mercury/2023/11/dfb1112a-221.jpeg)](https://jobicy.com/company/mercury.md)[Mercury](https://jobicy.com/company/mercury.md) # Head of Market & Liquidity Risk AI Summary Mercury is seeking a senior second-line risk leader to independently oversee liquidity, interest-rate, funding, investment, and related balance-sheet risks. The role partners closely with Treasury and Finance while constructively challenging strategies, models, stress tests, funding plans, and contingency arrangements. The successful candidate will build scalable risk governance, reporting, early-warning indicators, and scenario-analysis capabilities for a growing fintech. This executive-facing position requires deep asset-liability management expertise, sound independent judgment, and the ability to translate quantitative findings into practical decisions for senior stakeholders.[Apply for this job](#job-application)[View company](https://jobicy.com/company/mercury.md)ShareRemote from[USA](https://jobicy.com/job-region/usa.md)SalaryUSD 227,300–315,600 / yrDepartment[Finance & Accounting](https://jobicy.com/categories/accounting-finance.md)EmploymentFull TimeExperienceDirectorPublished3 Nov 2026Apply before3 Dec 2026Listing views29Application actions3Application toolkit ## Make your next move. Prepare your resume, explore your fit, and draft a cover letter for this opportunity. Opportunity details ## About this role. We’re hiring a Head of Market & Liquidity Risk to lead independent second-line oversight of Mercury’s liquidity, interest-rate, funding, investment, and related balance-sheet risks. Reporting to the Chief Risk Officer, this individual will be a close oversight partner to Finance and Treasury functions – providing rigorous, constructive challenge of its strategies, assumptions, models, risk exposures, and contingency plans while maintaining the independence required of an effective risk function. This role is well-suited for someone who can move fluidly between quantitative analysis, strategic judgment, and executive communication. The individual will be a key leader within Mercury’s Enterprise Risk team and part of a highly collaborative environment. The role involves especially close coordination with Treasury, Finance, Data, Product, Legal, Compliance, executive leadership, and our banking* partners. *Mercury is a fintech company, not an FDIC-insured bank. Banking services provided through Choice Financial Group and Column N.A., Members FDIC. ### Key Responsibilities: * Lead Mercury’s second-line framework for identifying, measuring, monitoring, and reporting liquidity, interest-rate, funding, investment, and related market risks * Serve as the primary independent Risk partner to Treasury and Finance, providing constructive challenge of balance-sheet strategy, liquidity management, funding plans, investment activity, and hedging decisions * Help develop and maintain financial-risk policies, risk-appetite measures, limits, key risk indicators, management triggers, and escalation standards * Help oversee liquidity-risk monitoring, stress testing, and contingency funding, including independent assessment of deposit behavior, funding concentrations, liquidity buffers, collateral, and contingent funding capacity * Evaluate interest-rate risk and challenge key modeling assumptions, including net interest income and economic value sensitivity, deposit betas, decay rates, repricing behavior, duration, and basis risk * Help assess the financial-risk implications of new products, rapid growth, market disruption, changes in customer behavior, and developments involving financial partners * Partner with Model Risk Management, Enterprise Risk, Credit Risk, and Data teams to oversee models, data quality, risk assessments, issue management, and reporting infrastructure * Support bank-partner oversight, audits, independent reviews, and regulatory examinations while monitoring relevant market and regulatory developments * Build scalable financial-risk capabilities by improving automation, scenario analysis, early-warning indicators, governance, and executive risk visibility ### Qualifications: * Have 12+ years of experience in liquidity risk, interest-rate risk, treasury risk, market risk, asset-liability management, or broader financial-risk management * Bring meaningful experience in an independent second-line role at a regulated bank, financial institution, fintech, or similarly complex financial-services company * Have deep knowledge of liquidity, funding, stress testing, contingency funding, and interest-rate risk measurement, including net interest income and economic value sensitivity * Have experience challenging Treasury strategies, models, and assumptions while building a trusted and productive working relationship * Understand risk appetite, limits, escalation processes, and executive- and Board-level risk reporting * Translate quantitative analysis into clear risk judgments and practical recommendations for technical and nontechnical audiences * Exercise strong independent judgment while navigating ambiguity, collaborating across functions, and building frameworks that can scale 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-SN1 Total Rewards The total rewards package at Mercury includes base salary, equity (stock options/RSUs), 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: US employees in New York City, Los Angeles, Seattle, or the San Francisco Bay Area: $252,000—$315,600 USD US employees outside of New York City, Los Angeles, Seattle, or the San Francisco Bay Area: $227,300—$284,000 USD Show more [Apply now >](https://jobicy.com/jobs/158647-head-of-market-liquidity-risk.md) * ![Upload CV](data:image/svg+xml;base64,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) ### Upload your resume now To unlock remote work opportunities and be discovered by global employers. This job listing has been manually reviewed by the Jobicy Trust & Safety Team for compliance with our posting guidelines, including verification of the company's legitimacy, accuracy of job details, clarity of remote work policy, and absence of misleading or fraudulent content. ## Role DNA A quick view of the complexity, pace, ownership and collaboration implied by the job description. ### Job Complexity 5/5EasyHard ### Pace & Pressure 4/5RelaxedFast-paced ### Autonomy Level 5/5GuidedFull ownership ### Communication Load 5/5IndependentCollaborative AI insightThis is a high-stakes leadership role requiring 12+ years of specialized financial-risk experience and independent second-line judgment. The work combines sophisticated balance-sheet analytics, regulatory readiness, model challenge, and Board-level communication in a fast-evolving fintech environment. ## Salary analysis Estimated compensation compared with the broader US market for similar roles. Estimated job median (per year)Market rate$271,450US market range (per year)$220k–$330k0$363.00k AI insightThe yearly pay period is inferred from the job context; it was not explicitly stated by the employer. The employer discloses a base-salary range of $227,300–$284,000 USD for US employees outside designated high-cost markets and $252,000–$315,600 USD in New York City, Los Angeles, Seattle, or the San Francisco Bay Area. The annual cadence is inferred from the stated US base-salary amounts, seniority, and full-time leadership context; it is not explicitly labelled as annual in the posting. A reasonable estimated US market range for a head-level market and liquidity risk leader is $220,000–$330,000 USD per year, excluding equity and benefits. ## Core skills Skills and capabilities most closely associated with this opportunity. [Liquidity risk management](https://jobicy.com/jobs?search_keywords=Liquidity%20risk%20management.md)[Interest-rate risk management](https://jobicy.com/jobs?search_keywords=Interest-rate%20risk%20management.md)[Asset-liability management](https://jobicy.com/jobs?search_keywords=Asset-liability%20management.md)[Treasury risk oversight](https://jobicy.com/jobs?search_keywords=Treasury%20risk%20oversight.md)[Stress testing](https://jobicy.com/jobs?search_keywords=Stress%20testing.md)[Contingency funding planning](https://jobicy.com/jobs?search_keywords=Contingency%20funding%20planning.md)[Balance-sheet risk management](https://jobicy.com/jobs?search_keywords=Balance-sheet%20risk%20management.md)[Risk appetite frameworks](https://jobicy.com/jobs?search_keywords=Risk%20appetite%20frameworks.md)[Financial risk modeling](https://jobicy.com/jobs?search_keywords=Financial%20risk%20modeling.md)[Net interest income sensitivity](https://jobicy.com/jobs?search_keywords=Net%20interest%20income%20sensitivity.md)[Economic value sensitivity](https://jobicy.com/jobs?search_keywords=Economic%20value%20sensitivity.md)[Risk governance](https://jobicy.com/jobs?search_keywords=Risk%20governance.md)[Executive risk reporting](https://jobicy.com/jobs?search_keywords=Executive%20risk%20reporting.md)[Regulatory examination support](https://jobicy.com/jobs?search_keywords=Regulatory%20examination%20support.md)[Scenario analysis](https://jobicy.com/jobs?search_keywords=Scenario%20analysis.md) Sample interview questionsHow would you establish independent second-line oversight of a Treasury function while maintaining a productive partnership?I would define clear governance, decision rights, risk limits, escalation triggers, and reporting expectations while engaging Treasury early in strategic discussions. My challenge would be evidence-based and focused on assumptions, concentrations, downside scenarios, and contingency readiness rather than duplicating first-line execution. Consistent communication and documented challenge processes help preserve both independence and trust. What factors would you assess when evaluating liquidity risk for a rapidly growing fintech? I would assess deposit concentration and stability, customer behavior, funding sources, liquidity buffers, collateral availability, contingent funding capacity, intraday liquidity needs, and operational dependencies. I would also run idiosyncratic and market-wide stress scenarios that reflect rapid growth, partner-bank dependencies, and potential changes in customer withdrawal behavior. The resulting metrics should be tied to clear management actions and escalation thresholds. How do you challenge interest-rate risk assumptions used in net interest income and economic value sensitivity models? I would review deposit beta, decay, repricing, prepayment, balance-growth, and basis-risk assumptions against historical behavior, peer data, and stressed conditions. I would test model sensitivity to assumption changes and ensure scenarios capture both gradual and abrupt rate movements. Where uncertainty is material, I would recommend conservative assumptions, overlays, limits, or additional monitoring. Describe how you would design an effective contingency funding plan. An effective plan identifies plausible stress events, early-warning indicators, governance roles, communication protocols, available funding sources, operational steps, and testing requirements. I would validate the legal, collateral, operational, and timing assumptions behind each source of liquidity rather than relying only on nominal capacity. Regular tabletop exercises and lessons-learned reviews would keep the plan actionable. How would you present a complex liquidity or rate-risk issue to executive leadership or a Board committee? I would begin with the decision required, the material exposure, and the potential business impact. I would use concise visuals to show current metrics, trend, limit utilization, stress results, key assumptions, and recommended actions, with technical detail available in an appendix. The presentation would clearly distinguish facts, judgment, uncertainty, and any areas requiring management escalation or approval. Next step ## Apply now. Follow the employer’s application method and review Jobicy’s safety guidance before sharing personal information. Keep exploring ## Related remote jobs. * ![Karbon logo](https://jobicy.com/data/server-nyc0409/galaxy/mercury/2025/06/13eaf3d2-221.png) Karbon Nov 3 New ### [Billing Analyst](https://jobicy.com/jobs/158689-billing-analyst.md) About Karbon Karbon is the global leader in AI-powered practice management software for accounting firms. 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