Trading Operations Lead

Mercury
San Francisco, New York, Canada, United States
Full timeFunction: Business OperationsExperience: 8+ yearsSkills: ["Clear written communication","Operating in ambiguity","Judgment","Process design","Cross-functional coordination"]

Own and scale trading operations for a SEC-registered investment advisor and FINRA-member broker-dealer, including supervisory and trade lifecycle oversight. Lead trade surveillance, best execution monitoring, order-flow reporting (CAT/CAIS/TRACE), and SEC/FINRA compliance evidence for rules 606/607 and Rule 6151. Serve as escalation point for trade breaks and settlement issues, manage trading records, partner with Engineering/Product/Compliance on controls and readiness, and support regulatory exams and audits.

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FursaFursa
Mercury
Mercury
14 hours ago

Trading Operations Lead

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Last checked: 4 hours agoStatus: Live

Job Summary

Own and scale trading operations for a SEC-registered investment advisor and FINRA-member broker-dealer, including supervisory and trade lifecycle oversight. Lead trade surveillance, best execution monitoring, order-flow reporting (CAT/CAIS/TRACE), and SEC/FINRA compliance evidence for rules 606/607 and Rule 6151. Serve as escalation point for trade breaks and settlement issues, manage trading records, partner with Engineering/Product/Compliance on controls and readiness, and support regulatory exams and audits.
Location: San Francisco, New York, Canada, United States
Employment Type: Full time
Job Function: Business Operations

Key Responsibilities

  • •Own the trading operations and supervisory framework, providing licensed principal oversight, operational controls, reconciliations, exceptions, and escalations.
  • •Own the trade surveillance and operational control framework, including pre- and post-trade controls, best execution monitoring, and escalation/remediation with evidence controls operate as designed.
  • •Oversee trading supervision and reporting obligations, including CAT, CAIS, and TRACE, and ensure compliance with SEC Rules 606 and 607 and FINRA Rule 6151.
  • •Serve as operational escalation point for trade errors, breaks, and settlement issues, coordinating investigation and resolution across Engineering, Product, Compliance, and broker partners and driving process/control improvements.
  • •Lead readiness for regulatory exams, audits, and internal testing by producing operational evidence, remediating findings, and translating gaps into sustainable improvements.

Pay and Benefits

Equity and Bonus:Equity

Key Requirements

  • •Hold active FINRA Series 7, Series 63, and Series 24 licenses (Series 99 or Series 57 is a plus).
  • •8+ years in trading, brokerage, or investment operations with direct ownership of trade lifecycle, settlement, or trading control functions.
  • •Hands-on operational experience across fixed income, mutual funds, and ETFs, including understanding where products break and why.
  • •Built or materially improved a trade surveillance or operational control framework, not just executed someone else’s.
  • •Strong working knowledge of FINRA and SEC operational requirements (recordkeeping, supervision, best execution, trade reporting, and customer protection) and how to apply them to real workflows.
Experience:8+ yearsFintechBrokerageInvestment operations
Skills:Clear written communicationOperating in ambiguityJudgmentProcess designCross-functional coordination
Licenses:FINRA Series 7FINRA Series 63FINRA Series 24FINRA Series 99FINRA Series 57
Languages:English
Tech Stack:SQLCATCAISTRACE

Company Brief

Mercury
Provides banking and financial infrastructure for startups and small businesses, offering business checking accounts, payments, debit cards, venture debt integrations, and treasury services via a developer-friendly platform.
Industry: Fintech Infrastructure
Company Size: Large (251 to 1,000 employees)
Growth: Scaleup
Valuation: Unicorn (USD 1B+)
Funding: Series C
Headquarters: San Francisco, United States
Founded: 2017
WebsiteLinkedIn