Senior Risk Strategist, Mercury
$173.6-204.2k
Plus equity (stock options). Canadian employees (any location): CAD 158,000 - 185,800
Banking services for startups
Job no longer available
Banking services for startups
501-1000 employees
Job no longer available
$173.6-204.2k
Plus equity (stock options). Canadian employees (any location): CAD 158,000 - 185,800
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
- Have 6+ years of experience in an analytical role, including 3+ years in Risk, Trust & Safety, or a related field
- Have some experience with transaction monitoring/optimization or customer risk scoring/modeling
- Have a strong product sense and user empathy
- Possess strong SQL skills and experience in applying those to improve and monitor business performance
- Enjoy building programs from the ground up, and collaborating with various teams to achieve results
- Be an analytical thinker - you use data and reason to make your arguments and drive decisions
- Be comfortable with decision making in a fast paced, ambiguous environment, while demonstrating curiosity and growth mindset
What the job involves
- We’re looking to hire a risk strategist who will help uplevel our risk policies and processes, bring risk expertise and analytical approach to our risk strategy, and play a key role in building this important function
- Lead cross-functional efforts to strengthen risk controls, improve user experience and scale operations
- Partner with Product, Eng, Compliance, Data Science, Support and rest of the Risk team to proactively build capabilities that enhance our ability to take good risks
- Identify and address gaps and vulnerabilities in our system to reduce fraud and non-compliant product usage
- Utilize data and quantitative analysis to build automated risk solutions
- Make thoughtful risk / reward trade-offs and help set a long term strategy for risk problem areas
- Become an expert on Mercury’s products, and Risk’s program, policies, and tools
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.
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