Mercury
Trading Operations Lead
San Francisco, CA, New York, NY, Portland, OR, or Remote within Canada or United States. Posted a month ago
The role
The Trading Operations Lead will own and scale the trading operations function for Mercury's SEC-registered investment advisor and FINRA-member broker-dealer. This role involves managing the trading operations and supervisory framework, trade surveillance, and reporting obligations across various investment products.
What you will do
- Own the trading operations and supervisory framework for money market funds, mutual funds, ETFs, and fixed income
- Own the trade surveillance and operational control framework
- 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 Written Supervisory Procedures
- Lead trading operations readiness for regulatory exams, audits, and internal testing
- Manage day-to-day operational relationships with brokers, custodians, fund companies, and transfer agents
- Partner with Product and Engineering on system-managed trading workflows and controls
- Build reporting and operational visibility for the trading function
Required qualifications
- Hold active FINRA Series 7, Series 63, and Series 24 licenses
- 8+ years in trading, brokerage, or investment operations
- Direct ownership of trade lifecycle, settlement, or trading control functions
- Hands-on operational experience across fixed income, mutual funds, and ETFs
- Experience building or materially improving a trade surveillance or operational control framework
- Strong working knowledge of operational requirements under FINRA and SEC rules
Nice to have
- Series 99 or Series 57
- Experience at a fintech or high-growth firm operating a broker-dealer or RIA at scale
- Experience standing up a new product, partner, or clearing relationships from scratch
- Comfort with SQL or working directly in internal tooling
Benefits
- Base salary
- Equity (stock options/RSUs)
About the company
Mercury is building a complete finance stack for startups. The Financial Partnership Operations team works to maintain external relationships and streamline workflows for customers, partners, and employees.