VP of Engineering, Mercury

Product

$350-400k

Haskell
Expert level
Remote in Canada, US
New York
San Francisco Bay Area
Mercury

Banking services for startups

Job no longer available

Mercury

Banking services for startups

501-1000 employees

FintechB2BBankingFinancial Services

Job no longer available

$350-400k

Haskell
Expert level
Remote in Canada, US
New York
San Francisco Bay Area

501-1000 employees

FintechB2BBankingFinancial Services

Company mission

To make scaling tech companies simpler with a personalized banking stack for startups, and power the next generation of companies that will shape the American industry.

Role

Who you are

  • Has experience managing engineering managers and owning the delivery of a rapidly improving and expanding product
  • Has scaled an organization to hundreds of engineers
  • Is an excellent communicator: much of the work you do will involve writing documentation that explains and justifies how the engineering organization can function better, and talking to engineers to get buy-in for your ideas
  • Has excellent product skills both in instincts for what makes a product great, and using data to develop the right products
  • Fintech experience is a plus, but not essential
  • Haskell or functional programming experience is a plus, but not essential

What the job involves

  • Develop and lead a team of great engineers and engineering leaders overseeing Mercury products like Banking*, Growth, and Risk
  • Create processes, frameworks, and tools for the engineering organization to operate predictably and consistently, like improving our engineering leveling guide, or develop a method for how to handle if an engineer isn’t performing well
  • Establish a sense of urgency and direction, setting clear expectations with teams and individuals in alignment to business goals
  • Maintain a strong operational excellence mindset with the engineering department, suitable for the correctness and quality of financial products
  • Foster an environment where engineers can deliver products that are a joy to use
  • Be a trusted partner to our founders and leaders across other departments, especially design and product, collaborating to build lovely products that achieve business goals
  • Give high-level input on technical decisions, such as the tradeoffs between acquiring a company or building technology in-house

Otta's take

Sam Franklin headshot

Sam Franklin

CEO of Otta

Frustrated by the archaic, fee-laden banking services offered to entrepreneurs, the founders of Mercury set out to create a better solution. They envisioned a platform that was dynamic, tech-driven, and free from unnecessary fees.

Mercury delivers on this vision by automating business payment processes, offering FDIC-insured accounts, and providing full API access, empowering entrepreneurs with greater control and efficiency. This approach stands in stark contrast to traditional startup banking, which often burdens young businesses with high fees and limited functionality.

By prioritizing user experience and offering a free service tier, Mercury has attracted over 100,000 businesses and achieved a $1B valuation in 2021. As a rising unicorn in the stagnant world of startup banking, mercury is poised for continued growth, constantly adding new features and expanding its team to further disrupt the industry.

Insights

Top investors

Some candidates hear
back within 2 weeks

50% employee growth in 12 months

Company

Funding (last 2 of 4 rounds)

Jul 2021

$120m

SERIES B

Sep 2019

$20m

SERIES A

Total funding: $150.9m

Company benefits

  • Health, dental, & vision
  • 12+ weeks of paid parental leave
  • $600 USD custom WFH equipment setup
  • Unlimited vacation policy (with a mandatory minimum)
  • Retirement matching up to 4% of base salary (401k/RRSP)
  • Paid 6-week sabbatical after the 5-year mark
  • Annual $1K USD learning & development budget
  • Unlimited book budget
  • Weekly $100 USD food budget
  • Monthly $100 USD wellness budget
  • Monthly $50 USD cellphone reimbursement
  • Pet-friendly offices with free tea & lunch

Company values

  • Think actively: Question processes. Give thoughtful feedback. Find the best way to do something instead of going by how it’s always been done
  • Be super helpful: Practice intentionality and accountability. Go above and beyond to solve problems, and do it as a team
  • Act with humility: Treat everyone with respect. Leave egos at the door
  • Appreciate quality: Work with the best equipment. Avoid cutting corners. Take pride in crafting a lasting product
  • Maximize efficiency: Minimize unnecessary meetings and bureaucracy. Work together to get the job done right
  • Focus on product: Ask yourself how the product can be better today than it was yesterday

Company HQ

SoMa, San Francisco, CA

Founders

Studied Biology at Stanford before spending over 4 years at Heyzap in Business Development.

Graduated from the University of Cambridge, then worked as a Software Developer at Aquila and Bloomberg. Also founded Clickpass and Heyzap, and was a Part-time Partner at Y Combinator.

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