Senior Product Manager, Mercury
Payments
$203.1-238.9k
Plus equity in the form of stock options. Canadian employees (any location): CAD 184,800 - 217,400
Banking services for startups
Job no longer available
Banking services for startups
501-1000 employees
Job no longer available
$203.1-238.9k
Plus equity in the form of stock options. Canadian employees (any location): CAD 184,800 - 217,400
501-1000 employees
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
- This is a technical product role that requires empathy and foresight into our users’ present and future needs as they pertain to sending and receiving money
- Have 5+ years of relevant product management experience, including 3+ years of experience focused within banking, payments, international wires, and ACH
- Be technically inclined or comfortable enough with technical concepts to produce detailed-oriented requirements that enable your team to ship high quality features
- Be able to balance a deep technical understanding of product and partner requirements with user empathy
- Be able to take complex problems and distill them into first principles
- Be able to articulate and apply a methodical framework to help Mercury as a whole understand payment health
What the job involves
- You’ll work to make payments seamless for users, enabling them to focus on running their business
- You will work within a complex ecosystem of domestic and international banking networks to quickly identify issues, define solutions, and articulate their importance and impact across teams
- You will utilize your data acuity to better prioritize and justify the payments roadmap
- You will collaborate across internal and external teams to jointly shape plans that lead to great payment experiences, working tirelessly to mask the “under the hood” complexities for our users
- Co-own an ambitious product roadmap for domestic and international payments from ideation to execution with design, data, and engineering
- Develop a framework for payments health with data science partnership, set KPIs that help to drive high quality decision-making
- Prioritize areas of product investment using a range of qualitative and quantitative inputs, often to make tradeoffs in a highly ambiguous environment
- Be a collaborative powerhouse across Mercury, ensuring stakeholders are brought in and aligned on the vision of Mercury payments and feels joint ownership over strategy and results
- Think through the unit economics of payments, especially as it relates to our banking partnerships strategy
- Clearly communicate technical and non-technical product specifications for payment improvements/features to enable efficiency across a wide breadth of stakeholders
- Deepen the team’s understanding of how various partners enable payments on the platform and maintain a consistently great user experience across partnerships
- Identify opportunities to improve our banking services network, enabling both larger and smaller scale projects
- Drive accountability — hold yourself and others accountable in service of great work
- Ideally, you’ll have some of the following qualities—but if you don’t fit this mold and feel like you could do a great job, we’d love to hear from you anyway
Otta's take
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
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
Articles
Founders
Jason Zhang
(COO)Studied Biology at Stanford before spending over 4 years at Heyzap in Business Development.
Immad Akhund
(CEO)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.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
Submit your salary to help other candidates with crowdsourced salary estimates.
Share this job
View 1 more job at Mercury