Trading Operations Lead

Mercury is seeking a Trading Operations Lead to own and scale the trading operations function powering Mercury's SEC-registered investment advisor and FINRA-member broker-dealer.

In this role, you will:

• 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.
• Own the trade surveillance and operational control framework, including licensed supervisory review where required.
• Own supervision of trading and order-flow reporting obligations, including CAT, CAIS, and TRACE.
• Serve as the operational escalation point for trade errors, breaks, and settlement issues.
• Oversee trading-related books and records requirements.
• 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.

You should:

• Hold active FINRA Series 7, Series 63, and Series 24 licenses.
• 8+ years in trading, brokerage, or investment operations.
• 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.