Mercury

Senior Product Manager - Risk

New York, New York, United States

Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial TechnologyIndustries

Requirements

Candidates should possess 7+ years of product management experience, ideally with a focus on risk or operational product management, and a desire to build exceptional customer experiences that are 10X better than the industry standard. Proficiency in understanding risk data and identifying patterns for operational improvements is also required, along with a strong track record of cross-functional leadership, particularly in navigating tradeoffs between risk, compliance, and customer experience priorities. Comfort with ambiguity and the ability to make balanced decisions with imperfect information are essential qualifications.

Responsibilities

As a Senior Product Manager - Risk, you will design and implement the strategic vision for Mercury’s risk enablement, create user journeys that apply appropriate nudges based on risk signals while minimizing disruption, develop self-service resolution paths, build operational tools for managing exceptions, partner with data science to develop risk models, establish and track metrics, and support the development of API strategies to scale risk capabilities. You will also support the development of API strategies that allow Mercury's risk capabilities to scale across our expanding product suite.

Skills

Risk Data Analysis
Pattern Recognition
Product Management
Operational Product Management
Cross-Functional Leadership
API Strategy Development

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.

Land your dream remote job 3x faster with AI