Head of Product – Business Lending at Mercury

Overview

In 1910, a Norfolk lawyer named Arthur Morris kept seeing the same thing: a steadily employed worker needed a small loan, the banks turned him away for lack of collateral, and he was left with nowhere reputable to borrow. Morris decided a banking system that shut out most of the people it was meant to serve had a “weak spot” worth fixing, so he built a lender that lent on character and steady income, backed by two references and repaid in small installments. What made it matter wasn't any single loan, but that Morris turned the idea into a repeatable system and scaled it to more than a hundred Morris Plan banks across thirty-seven states.

A century later, the hard part is unchanged: making one good loan is easy; building a business that makes millions of them well is hard. Mercury is building a banking-grade lending business, where credit extends the trust businesses already place in us to hold and move their money. We need a leader to turn this idea into a reality.

Responsibilities

• Lead the development of Mercury’s business lending product, building a banking-grade experience that meets the needs of our customers
• Work closely with cross-functional teams, including engineering, design, and risk to develop and launch new lending products
• Develop and execute a product roadmap that aligns with Mercury’s overall business strategy
• Conduct market research and analyze customer feedback to inform product decisions
• Collaborate with external partners to identify new opportunities for growth and expansion
• Manage and mentor a team of product managers to help them grow in their careers

Requirements

• 8+ years of experience in product management, with a focus on lending or financial services
• Proven track record of launching successful products that meet customer needs and drive business growth
• Strong understanding of the lending industry, including regulatory requirements and market trends
• Excellent communication and collaboration skills, with the ability to work effectively with cross-functional teams
• Strong analytical and problem-solving skills, with the ability to make data-driven decisions

Benefits

Join a team that is building a new kind of banking experience, one that is focused on the needs of businesses and individuals. As a member of our team, you will have the opportunity to work on challenging and meaningful projects, with a high degree of autonomy and ownership. We offer a competitive salary and benefits package, as well as a dynamic and supportive work environment.

Apply

If you are a motivated and experienced product leader who is passionate about building a better banking experience, we want to hear from you. Please submit your application, including your resume and a cover letter, to be considered for this exciting opportunity.