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Full-Time

Senior Product Manager

Treasury

Posted on 5/30/2024

Mercury

Mercury

201-500 employees

Banking services for startups and founders

Fintech
Social Impact

Compensation Overview

$203.1k - $238.9kAnnually

+ Equity + Benefits

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
Product Management
Product Strategy
Product
Required Skills
Data Science
Requirements
  • 7+ years of relevant product management experience in a financial technology company
  • 5+ years of experience working on directly regulated products in the banking, insurance, wealth management, or treasury space at a growth stage startup
  • Be technically inclined or comfortable enough with technical concepts to produce detailed-oriented requirements that enable your team to ship high quality features
  • Be able to balance a deep technical understanding of product and partner requirements with user empathy
  • Be able to take complex problems and distill them into first principles
  • Securities licensed: Series 7, Series 63 (not required but a big plus)
Responsibilities
  • Co-own an ambitious product roadmap for the treasury experience from ideation to execution with design and engineering
  • Develop a framework for treasury product health with data science partnership, set KPIs that help to drive high quality decision-making
  • Prioritize areas of product investment using a range of qualitative and quantitative inputs, often to make tradeoffs in a highly ambiguous environment
  • Be a collaborative powerhouse across Mercury, ensuring stakeholders are brought in and aligned on the vision of Mercury treasury and feels joint ownership over strategy and results
  • Create strategy and frameworks to inform our future banking and treasury partnerships strategy
  • Clearly communicate technical and non-technical product specifications for banking improvements/features to enable efficiency across a wide breadth of stakeholders
  • Deepen the team’s understanding of how various partners enable treasury experiences on the platform and maintain a consistently great user experience across partnerships
  • Identify opportunities to improve our banking services network, enabling both larger and smaller scale projects
  • Drive accountability — hold yourself and others accountable in service of great work

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 and advice to help them succeed. The goal of Mercury is to empower startups by providing them with the financial tools and support they need to grow and thrive.

Company Stage

Series B

Total Funding

$152M

Headquarters

San Francisco, California

Founded

2017

Growth & Insights
Headcount

6 month growth

15%

1 year growth

35%

2 year growth

91%
Simplify Jobs

Simplify's Take

What believers are saying

  • Mercury's expansion into consumer banking with Mercury Personal allows the company to deepen relationships with founders and tech leaders.
  • The ability to earn a competitive 5.00% APY on high-yield savings accounts makes Mercury an attractive option for personal banking.
  • Mercury's focus on intuitive product experiences and automation can significantly streamline financial management for startups and tech builders.

What critics are saying

  • The recent issues with FinTech partner Synapse could raise concerns about the reliability and security of Mercury's banking services.
  • The crowded FinTech market means Mercury must continuously innovate to maintain its competitive edge.

What makes Mercury unique

  • Mercury offers a comprehensive suite of banking services tailored specifically for startups, unlike traditional banks that cater to a broader audience.
  • The integration of software for bill payments, invoicing, and employee reimbursements sets Mercury apart by simplifying financial workflows for scaling companies.
  • Mercury's vibrant community programs provide founders with valuable connections, advice, and resources, enhancing their overall business experience.

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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