Full-Time

Head of Product Design

Banking

Posted on 1/21/2025

Mercury

Mercury

1,001-5,000 employees

Banking services for startups and founders

Compensation Overview

$250.7k - $294.9k/yr

Senior, Expert

Remote in USA + 1 more

More locations: Remote in Canada

Remote work is available within Canada or the United States.

Category
Product & UX/UI Design
UI/UX & Design
Required Skills
Product Design
Requirements
  • Has led design teams through complex product challenges, particularly in fintech, banking, or other highly regulated spaces
  • Brings 8+ years of design leadership experience with a track record of developing both people and products
  • Demonstrates strategic thinking by identifying opportunities, aligning stakeholders, and translating vision into actionable plans
  • Shows genuine care for people's growth, with experience providing mentorship that helps designers reach their full potential
  • Thrives in ambiguous problem spaces and can help teams navigate uncertainty with confidence
  • Has a keen eye for quality and can articulate feedback that elevates work while building trust
  • Maintains connection to craft and stays current with design trends, even while focusing on leadership
  • Can thoughtfully balance process and creativity, adding structure that enables rather than constrains
  • Excels at building bridges between teams and creating collaborative environments where innovation flourishes
Responsibilities
  • Shape the future of banking products by driving product strategy alongside our executive team, leveraging deep customer insights and market understanding
  • Navigate complex financial systems and regulations to uncover elegant solutions that make banking more intuitive and delightful
  • Build and nurture high-performing teams through thoughtful mentorship, creating space for growth and innovation
  • Foster psychological safety that empowers designers to push boundaries while maintaining high standards of quality
  • Cultivate strong partnerships across product, engineering, and business teams to ensure design has a strategic voice in decision-making
  • Create moments of connection that strengthen our distributed team's sense of community and shared purpose
  • Balance pragmatic execution with long-term vision, helping teams ship valuable improvements while working toward ambitious goals
Desired Qualifications
  • Our best leaders combine strategic depth with genuine care for their people
  • They're energized by complex challenges and find joy in helping others grow

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 options for domestic and international wire transfers, as well as treasury and venture debt services. The platform is user-friendly, allowing founders to manage their finances with ease. What sets Mercury apart from traditional banks is its focus on the startup community, offering programs that connect founders with valuable resources, advice, and networking opportunities. The goal of Mercury is to empower startups by providing them with the financial tools and support they need to succeed.

Company Size

1,001-5,000

Company Stage

Series C

Total Funding

$550.9M

Headquarters

San Francisco, California

Founded

2017

Simplify Jobs

Simplify's Take

What believers are saying

  • Mercury raised $300M, doubling its valuation to $3.5B in April 2024.
  • Integration with AI-driven financial analytics enhances Mercury's predictive insights and forecasting.
  • Embedded finance trend allows Mercury to expand reach through platform partnerships.

What critics are saying

  • Increased competition from Island, valued at $5B, threatens Mercury's market share.
  • Rapid workforce expansion may lead to operational challenges and increased costs.
  • Consumer banking product launch could expose Mercury to new regulatory challenges.

What makes Mercury unique

  • Mercury offers FDIC-insured accounts with both virtual and physical debit cards.
  • Mercury provides API access and integrations with tools like Quickbooks and Stripe.
  • Mercury's Raise program connects startups to 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)

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

0%

2 year growth

1%
WowTale
Mar 30th, 2025
Mercury Raises $300M at $3.5B Valuation

Digital banking startup Mercury raised $300 million in a Series C round, valuing the company at $3.5 billion, more than double its 2021 Series B valuation of $1.62 billion. Led by Sequoia, the round included Coatue, CRV, Andreessen Horowitz, Spark Capital, and Marathon. Mercury's total funding now reaches $500 million. The company plans to expand its workforce from 850 to over 1,000 by 2025 and is exploring acquisitions with the new capital.

ChannelE2E
Mar 27th, 2025
Island Raises $250M, Valued at $5B

Secure enterprise browser Island has raised $250 million in a late-stage financing round led by Coatue Management, bringing its valuation to nearly $5 billion. In its previous round in April 2024, Island raised $175 million at a $3 billion valuation. Including this Series E round, the company has secured approximately $730 million in external funding from investors such as Sequoia Capital, Insight Partners, and Gili Raanan’s Cyberstarts.

Business Wire
Mar 27th, 2025
Mercury Announces $300 Million Series C Round at $3.5 Billion Valuation

Mercury, the fintech ambitious companies use for banking*, credit cards, and software to power all their financial workflows, today announced a $300 million ...

TechCrunch
Mar 26th, 2025
Fintech Mercury lands $300M in Sequoia-led Series C, doubles valuation to $3.5B

Later this year, Mercury plans to launch a consumer banking product that it first announced in April 2024.

FF News
Mar 26th, 2025
Mercury Announces $300 Million Series C Round at $3.5 Billion Valuation

Mercury, the fintech ambitious companies use for banking*, credit cards, and software to power all their financial workflows, today announced a $300 million Series C investment round from existing and new investors.

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