Group Product Design Manager, Mercury

Banking

$212.5-250k

Canadian employees: $193,400 – $227,500 (CAD). Plus equity

Senior and 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

$212.5-250k

Canadian employees: $193,400 – $227,500 (CAD). Plus equity

Senior and 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

  • You’ve worked in Fintech, in the Banking space, or in other highly regulated and / or complex industries
  • You’ve led a design team of any size for 5 years or more
  • You can decisively manage execution in your teams, untangle execution challenges, and enable your team to ship high quality work with speed
  • You have experience driving strategy for product groups, aligning stakeholders on a vision, and evangelizing the work that your teams are doing to the broader company
  • You’re good at wrangling ambiguity and finding ways to improve the world around you, even when nobody’s told you to do so
  • You can tell when you’ve hit on the right amount of process/structure without it feeling stifling or unnecessary
  • You’ve provided mentorship to designers, coached them, and helped them grow in their skills
  • You keep up on design trends and like to stay in practice, even if it’s been a while since you were an individual contributor
  • You can tell when and why something’s good and articulate clearly (and kindly) when it’s not
  • You can drive design team processes such as design critiques, and are able to guide the team to ask the right questions to elevate the quality of the user experience

What the job involves

  • Understand our product, business, brand, and processes inside and out. Once you know how it all works, you’ll help us come up with ways to improve
  • Deeply understand the Banking Product space and work with the executive team, cross-functional partners, and your teams to shape strategy for the group
  • Build strong relationships with direct cross functional partners and with other groups at Mercury, and use those relationships to empower your teams to do great work
  • Know your team and help them grow. Use 1:1s to provide coaching and mentorship, come up with structures to help prioritize work, and make sure every person on your team thrives
  • Make your team feel like a Team. Organize workshops, share inspo, and encourage collaborative projects that make our remote, distributed group feel less remote and distributed
  • Document and evangelize what works (design systems, team meetings, internal processes), and ditch what doesn’t
  • Create an environment where people feel comfortable pushing back on work that doesn’t hit the mark, and model radical candor with feedback that’s provocative rather than prescriptive
  • Help us hire more great people

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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