[Remote] Senior Product Manager - Personal Banking at Mercury

New York, New York, United States

Mercury Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, BankingIndustries

Requirements

Candidates should have 7+ years of product management experience in a financial technology company, specifically working on regulated products in the banking, insurance, wealth management, or treasury space at a growth-stage startup. Technical inclination or comfort with technical concepts is necessary, as is the ability to balance technical understanding with user empathy, distill complex problems into first principles, and manage multiple projects simultaneously while maintaining high standards for execution and customer experience.

Responsibilities

The Senior Product Manager will co-own an ambitious product roadmap for consumer banking products, prioritizing product investments using qualitative and quantitative inputs, and collaborating across Mercury to align stakeholders on the vision. They will work across various product surfaces and dimensions, clearly communicate product specifications, identify opportunities to improve the consumer product experience, and drive accountability for great work.

Skills

Product Management
User Experience
Data Analysis
Roadmap Prioritization
Collaboration
Risk Management
Compliance
Consumer Banking

Mercury

Banking services for startups and founders

About Mercury

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.

San Francisco, CaliforniaHeadquarters
2017Year Founded
$146.8MTotal Funding
DEBTCompany Stage
Fintech, Financial ServicesIndustries
1,001-5,000Employees

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)

Risks

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.

Differentiation

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.

Upsides

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.

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