Full-Time

Senior Product Manager

Treasury and Cash Management

Posted on 4/8/2025

Mercury

Mercury

1,001-5,000 employees

Banking services for startups and founders

Compensation Overview

$200.7k - $250.9k/yr

Senior, Expert

San Francisco, CA, USA + 3 more

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

Remote work is allowed within Canada or the United States.

Category
Treasury
Product
Finance & Banking
Required Skills
Product Management
Requirements
  • 7+ years of product management experience in fintech, financial services, or investment focused roles.
  • Deep understanding of how businesses manage cash, especially fixed-income investments, liquidity planning and treasury operations.
  • A strong grasp of regulatory frameworks that govern investment products, brokerage services, and advisory services.
  • Experience building and launching financial products, with thoughtful consideration for delivering lovable user experiences.
  • A track record of building infrastructure that supports automation, compliance, and reliable operations at scale.
  • Excellent analytical and problem-solving skills, especially in high-growth, regulated environments.
  • Strong communication and stakeholder management skills. You know how to align teams and get things done.
  • A passion for building intuitive, highly-lovable cash management tools that simplify complexity and unlock value for customers.
Responsibilities
  • Develop and evolve Mercury’s treasury and cash management products to help customers grow their balances with minimal effort, combining magic and compliance.
  • Own the end-to-end customer experience, driving activation and long-term retention.
  • Define the product vision and roadmap for Mercury’s treasury and cash management products, balancing yield, liquidity and risk, in partnership with engineering, design, compliance and operations.
  • Track market and regulatory developments, and evaluate competitive offerings to continuously sharpen our treasury and cash management strategy.
  • Champion strong operational foundations, driving efficiency, compliance, and resilience as we scale.
  • Tackle complex challenges across money movement, investment workflows, and treasury accounting, improving reliability, efficiency, and customer outcomes.

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, Mercury provides treasury services and venture debt, allowing founders to manage their finances effectively. A key feature of Mercury is its community programs, which connect founders with valuable resources, advice, and networking opportunities to support their business growth. Unlike traditional banks, Mercury operates as a financial technology company, partnering with established banks to deliver its services, and has gained the trust of over 100,000 startups since its launch in 2019.

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 in Series C, doubling its valuation to $3.5B.
  • Integration with AI-driven tools can enhance Mercury's predictive financial insights.
  • Open banking regulations allow Mercury to enhance API offerings for better integrations.

What critics are saying

  • Increased competition from fintech companies like Island could threaten Mercury's market share.
  • Rapid workforce expansion may strain Mercury's resources and operational efficiency.
  • Launching a consumer banking product may 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

0%
The Globe and Mail
Apr 15th, 2025
Mercury Financing buying at Arianne Phosphate (DAN)

Real-time index price for Nasdaq Composite (NASX), along with buy or sell indicators, analysis, charts, historical performance, news and more

The Financial Technology Report
Apr 14th, 2025
Mercury Raises $300M Series C at $3.5B Valuation

Mercury, a fintech company providing banking, credit, and financial software, has raised $300 million in a Series C funding round led by Sequoia Capital, with participation from Spark Capital, Marathon, and existing investors including Coatue, CRV, and Andreessen Horowitz.

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 ...

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