Full-Time

Head of Product Design

Banking

Posted on 6/27/2024

Mercury

Mercury

1,001-5,000 employees

Banking services for startups and founders

Fintech
Financial Services

Compensation Overview

$250.7k - $294.9kAnnually

Senior

San Francisco, CA, USA + 4 more

More locations: Remote in USA | New York, NY, USA | Portland, OR, USA | Remote in Canada

Hybrid role with options for remote work within Canada and the United States.

Category
Product & UX/UI Design
UI/UX & Design
Requirements
  • 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 8 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.
Responsibilities
  • 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.

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 not just financial products but also community programs that connect founders with valuable resources and advice. The goal of Mercury is to empower startup founders to build successful companies by providing them with the financial tools and support they need.

Company Stage

Debt Financing

Total Funding

$146.8M

Headquarters

San Francisco, California

Founded

2017

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

2%
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