Full-Time

Commercial Counsel

Posted on 10/9/2024

Mercury

Mercury

1,001-5,000 employees

Banking services for startups and founders

Fintech
Financial Services

Compensation Overview

$151.7k - $188.4kAnnually

+ Equity (Stock Options)

Junior, Mid

San Francisco, CA, USA + 3 more

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

Remote work is available within the United States.

Category
Legal
Legal & Compliance
Requirements
  • ~2-3 years of legal experience, including either law firm or in-house experience
  • JD and bar admission
  • The ability to communicate clearly
  • A sense of humor and appreciation of craftsmanship
  • Empathy
  • Some experience in the world of fintech or banking, or a strong willingness and passion to learn about those areas
Responsibilities
  • Work closely with cross-functional partners across the company
  • Deeply understand our product and our customers, and how our commercial legal work serves both
  • Help structure, negotiate, and manage a broad variety of commercial contracts
  • Help negotiate and manage business critical partnerships
  • Navigate state and federal regulatory frameworks
  • Think proactively about compliance
  • Exercise judgment in evaluating legal risks associated with contracts and other activities
  • Help take care of all the day-to-day legal requests that come to the team

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

Debt Financing

Total Funding

$146.8M

Headquarters

San Francisco, California

Founded

2017

Growth & Insights
Headcount

6 month growth

20%

1 year growth

41%

2 year growth

95%
Simplify Jobs

Simplify's Take

What believers are saying

  • Mercury secured a $100 million credit warehouse to expand its credit card offerings.
  • The acquisition of Teal enhances Mercury's financial management services for startups.
  • Mercury's expansion into consumer banking taps into a new customer base.

What critics are saying

  • Mercury's decision to stop serving certain countries may lead to a loss of trust.
  • The acquisition of Teal may pose integration challenges for Mercury.
  • Expanding into consumer banking could divert focus from Mercury's core startup services.

What makes Mercury unique

  • Mercury offers FDIC-insured accounts with both virtual and physical debit cards.
  • Mercury's Raise program connects startups to investors, mentors, and other founders.
  • Mercury provides a self-service banking option for tech founders and investors.

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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