Staff Product Manager, Mercury

Risk

$237.6-279.5k

CAD $216,200 - $254,300. Offers 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

$237.6-279.5k

CAD $216,200 - $254,300. Offers 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

  • Domain expertise in payments, risk, identity is a strong plus
  • Experience navigating and thriving in a highly regulated environment
  • Empathize with customers — know how to understand customer needs and translate those into products and value props that resonate with end users
  • Understand data — be able to use data to inform decisions and set success metrics
  • Understand research — collaborate with design to run exploratory and usability focused research
  • Identify great products — help your design partner deliver valuable experiences
  • Prioritize requirements — define and deliver on focused specs
  • Manage large projects — balance a variety of stakeholders to ensure a project stays on track and is delivered at high quality
  • Communicate clearly — keep technical and non-technical partners on the same page throughout projects, using both verbal and written language
  • Collaborate with engineers and designers — foster a strong relationship and working model with your closest collaborators ; ensure everyone feels heard on product direction
  • Drive accountability — hold yourself and others accountable in service of great work

What the job involves

  • The Risk Product team at Mercury creates magical experiences for our customers - empowering them to grow their businesses by securing customer identities, accounts, transactions, and data
  • You’ll drive strategy and products for our internal teams to work as efficiently and intelligently as possible
  • You’ll help shape the contact points between customers and Mercury products, the relationship between internal and external compliance teams, support a fast growing risk operations team, and drive strategy for Risk at Mercury
  • As a Staff Product Manager at Mercury, you will lead collaboration with designers, engineers, and other key partners to ship high quality products to our customers
  • You will drive strategy and execution for Risk at Mercury
  • You’ll be accountable for understanding customers and the business, developing strategy, prioritizing the roadmap, and keeping the team unblocked and executing at a high-level
  • You will keep the team outcome-oriented — using qualitative and quantitative metrics to guide decision-making
  • You will ensure the entire team feels a sense of ownership over product direction and results
  • You’ll develop a point of view on how our products fit into Mercury more broadly — working with teams like Core Product, Onboarding, Growth, Legal, and Compliance
  • Gain a deep understanding of our current and potential customers’ needs
  • Gain a deep understanding of the market and Mercury’s products today
  • Leverage data and research to inform decision making through
  • Develop and articulate metrics, requirements, goals, and features
  • Collaboratively prioritize and detail projects with designers and engineers
  • Lead strong, collaborative partnership within your team, execs, and broadly within Mercury

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.

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