About the company
Mercury is building a banking-grade lending business, where credit extends the trust businesses already place in us to hold and move their money. Mercury is a fintech company, not an FDIC-insured bank. Banking services provided through Choice Financial Group and Column N.A., Members FDIC.
Responsibilities
- Own the business lending P&L and strategy: set the multi-year strategy — which products to build, which segments to serve, how to grow originations against economic and credit targets
- Build and scale the lending org: recruit, develop, and lead a high-performing PM team, develop future leaders, and establish the operating cadence and culture
- Take products from 0-1 to scale: launch and grow lending products — term loans, lines of credit, and what comes next
- Partner with credit, underwriting, and risk on credit policy, underwriting models, and eligibility
- Manage capital and lending partners: work with finance, capital markets, and banking/lending partners
- Balance growth with rigor: meet credit, risk, and compliance standards a regulated product demands
- Align the lending ecosystem: bring together product, engineering, underwriting, risk, credit operations, data, compliance, legal, marketing, sales, support, and external partners
Requirements
- 10+ years in lending or credit products, including significant time in SMB, commercial, or business lending
- 5+ years leading and managing teams of product managers
- Deep command of the full lending lifecycle: eligibility, application, underwriting and decisioning, funding, servicing, repayment, and collections
- A track record of owning a lending P&L and its levers: pricing, credit policy, capital structure, loss performance, and unit economics
- Experience launching and scaling 0-1 lending or credit products
- Experience working directly with bank partners, lending partners, or capital markets
- A data-driven, experimentation-oriented approach
Conditions
- Total rewards package includes base salary, equity (stock options/RSUs), and benefits
- Locations: San Francisco, CA, New York, NY, Portland, OR, or Remote within Canada or United States