# Head of Market & Liquidity Risk

**Company**: Mercury
**Location**: San Francisco, CA
**Work arrangement**: remote
**Experience**: executive
**Job type**: full-time
**Category**: Finance
**Industry**: Finance

**Apply**: https://job-boards.greenhouse.io/mercury/jobs/6199427004?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/jobs/job_e47f0746-202

## Description

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.

## 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

## Skills

### Required
- liquidity risk
- interest-rate risk
- treasury risk
- market risk
- asset-liability management
- financial-risk management
- stress testing
- contingency funding
- risk measurement
- net interest income
- economic value sensitivity

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Source: [Apply at job-boards.greenhouse.io](https://job-boards.greenhouse.io/mercury/jobs/6199427004?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)