Full-Time

Head of Strategic Relationship Management

Posted on 11/7/2024

Mercury

Mercury

1,001-5,000 employees

Banking services for startups and founders

Fintech
Financial Services

Compensation Overview

$234.3k - $306.2kAnnually

Senior, Expert

San Francisco, CA, USA + 2 more

More locations: New York, NY, USA | Portland, OR, USA

Remote work is available within Canada or the United States.

Category
Strategic Account Management
Sales & Account Management
Required Skills
Salesforce
Requirements
  • 12+ years in Relationship Management, Strategic Account Management, Enterprise Customer Success, or a similar role, with experience managing high-value customer accounts.
  • A blend of tech/startup and banking experience is ideal.
  • Demonstrated success in building and scaling teams within high-growth environments, with the ability to lead through rapid change and create scalable, sustainable processes.
  • Capable of balancing short-term operational needs with a strategic, long-term vision for Relationship Management at scale.
  • Proficient in CRM tools and motivated by data-driven insights.
  • Familiarity with corporate banking services (e.g., treasury management, venture debt) is highly valued.
  • A deep understanding of engaging with executive-level clients, with a drive to rethink the customer experience in the fintech and banking sectors.
  • Candidates should embody Mercury’s values by appreciating quality, taking extreme ownership to focus on outcomes, and acting with humility to build long-term, high-value customer relationships.
Responsibilities
  • Guide and empower a team of senior relationship managers responsible for Mercury’s most valuable clients, fostering a culture that embodies Mercury’s value of appreciating quality by pursuing excellence in every interaction.
  • Develop scalable processes and leverage data to drive actionable insights and impactful decision-making within CRM systems like Salesforce, staying aligned with Mercury’s focus on outcome-driven results.
  • Maintain high retention rates, particularly for operational accounts encompassing day-to-day transactions and payments. Actively identify growth opportunities, including deposit growth and cross-selling Mercury’s expanding suite of products, demonstrating a commitment to being super helpful by going above and beyond for clients.
  • Establish and communicate a clear, long-term roadmap for Strategic Relationship Management, positioning the team to support sophisticated, finance-led clients as Mercury’s customer base evolves to include larger private and public companies.
  • Build strong relationships with C-suite clients, aligning Mercury’s services with their strategic goals and advocating for client needs within Mercury’s leadership team, seeking wisdom and transparency in every interaction.
  • Partner with product, banking partnerships, and operations teams to build tools and services that meet client needs, acting with humility by respecting and valuing input from across the organization.
  • Lead by example, promoting a team environment where curiosity and first-principles thinking are encouraged. In line with thinking actively, foster a mindset that questions, experiments, and finds new solutions to enhance client experiences.

Mercury provides banking services specifically designed for startups, regardless of their size or stage of development. Their offerings include free checking and savings accounts, debit and credit cards, and the ability to conduct domestic and international wire transfers. Additionally, they provide treasury services and venture debt, allowing founders to manage their finances effectively. What sets Mercury apart from traditional banks is its focus on the startup community, offering programs that connect founders with valuable resources and advice. The goal of Mercury is to empower entrepreneurs by providing them with the financial tools and support they need to build successful companies.

Company Stage

Debt Financing

Total Funding

$146.8M

Headquarters

San Francisco, California

Founded

2017

Growth & Insights
Headcount

6 month growth

17%

1 year growth

37%

2 year growth

85%
Simplify Jobs

Simplify's Take

What believers are saying

  • Mercury secured a $100 million credit warehouse to expand its credit card business.
  • The acquisition of Teal enhances Mercury's financial management offerings for startups.
  • Mercury Personal expands market reach by attracting tech-savvy individuals.

What critics are saying

  • Mercury's decision to stop serving certain countries may lead to customer loss.
  • Integration challenges from the Teal acquisition could disrupt services.
  • Expansion into consumer banking might divert focus from core startup services.

What makes Mercury unique

  • Mercury offers both business and personal banking services, unlike many fintech competitors.
  • The company provides integrated financial management tools, enhancing startup operational efficiency.
  • Mercury's Raise program connects startups with investors, mentors, and other founders.

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Benefits

Health, dental, & vision

Custom equipment setup

401(K) matching

12+ weeks paid parental leave

Book budget

Wellness benefits

Grocery budget

Paid lunch

Personalized callsign

Unlimited vacation policy (with mandatory minimum)

INACTIVE