Risk Strategist, Mercury

$149.6-158.4k

+ Stock options. The salary for applicants based in Canada is CAD 136,100 - 149,700

SQL

Mid and Senior level

Remote in Canada, US

New York

San Francisco Bay Area

Banking services for startups

Be an early applicant

Banking services for startups

501-1000 employees

FintechB2BBankingFinancial Services

Be an early applicant

$149.6-158.4k

+ Stock options. The salary for applicants based in Canada is CAD 136,100 - 149,700

SQL

Mid and Senior level

Remote in Canada, US

New York

San Francisco Bay Area

501-1000 employees

FintechB2BBankingFinancial Services

Company mission

To make scaling tech companies simpler with a personalized banking stack for startups, and power the next generation of companies that will shape the American industry.

Job

Company

Role

Who you are

4+ years of experience in an analytical role, including 2+ years in risk, financial services/fintech, trust and safety, or a related field; bonus if it’s in a startup environment
Strong SQL skills and experience in applying those to improve and monitor business performance
Confidence with using data and intuition to make decisions in a fast paced, ambiguous environment, while demonstrating curiosity and a growth mindset

What the job involves

We are looking to hire a strategist to bring risk expertise and an analytical approach to our Risk Strategy team, driving impact in this crucial space
Risk Strategy is a hybrid team deeply focused on data analytics and risk thought leadership (i.e., strategy) within Mercury. This team identifies, assesses, and proactively mitigates the financial, regulatory, and reputational risks faced by Mercury via data-driven analytics and product/process improvement while maintaining a stellar experience for our customers that fosters trust in our platform
Utilize data and quantitative analysis to develop strategy for managing risk while navigating trade-offs in a principled and balanced way
Partner with Compliance and Legal to ensure product and operational solutions meet regulatory requirements
Work cross functionally with product, engineering, and operations teams get in the weeds on opportunities within our risk program
Develop domain expertise and proactively seek out opportunities to close gaps and optimize processes

Our take

Frustrated by the archaic, fee-laden banking services offered to entrepreneurs, the founders of Mercury set out to create a better solution. They envisioned a platform that was dynamic, tech-driven, and free from unnecessary fees.

Mercury delivers on this vision by automating business payment processes, offering FDIC-insured accounts, and providing full API access, empowering entrepreneurs with greater control and efficiency. This approach stands in stark contrast to traditional startup banking, which often burdens young businesses with high fees and limited functionality.

By prioritizing user experience and offering a free service tier, Mercury has attracted over 100,000 businesses and achieved a $1B valuation in 2021. As a rising unicorn in the stagnant world of startup banking, mercury is poised for continued growth, constantly adding new features and expanding its team to further disrupt the industry.

Kirsty

Company Specialist at Welcome to the Jungle

Insights

Top investors

50% employee growth in 12 months

Glassdoor (4.5)

Trustpilot (3.6)

Company

Funding (last 2 of 4 rounds)

Jul 2021

$120m

SERIES B

Sep 2019

$20m

SERIES A

Total funding: $150.9m

Company benefits

Health, dental, & vision
12+ weeks of paid parental leave
$600 USD custom WFH equipment setup
Unlimited vacation policy (with a mandatory minimum)
Retirement matching up to 4% of base salary (401k/RRSP)
Paid 6-week sabbatical after the 5-year mark
Annual $1K USD learning & development budget
Unlimited book budget
Weekly $100 USD food budget
Monthly $100 USD wellness budget
Monthly $50 USD cellphone reimbursement
Pet-friendly offices with free tea & lunch

Company values

Think actively: Question processes. Give thoughtful feedback. Find the best way to do something instead of going by how it’s always been done
Be super helpful: Practice intentionality and accountability. Go above and beyond to solve problems, and do it as a team
Act with humility: Treat everyone with respect. Leave egos at the door
Appreciate quality: Work with the best equipment. Avoid cutting corners. Take pride in crafting a lasting product
Maximize efficiency: Minimize unnecessary meetings and bureaucracy. Work together to get the job done right
Focus on product: Ask yourself how the product can be better today than it was yesterday

Company HQ

SoMa, San Francisco, CA

Articles

Startup banking service Mercury jumps into debt lending to take on Silicon Valley Bank

Mercury hits unicorn status

Mercury Banking for Startups: 2022 Review

Leadership

Jason Zhang

(COO)

Studied Biology at Stanford before spending over 4 years at Heyzap in Business Development.

Immad Akhund

(CEO)

Graduated from the University of Cambridge, then worked as a Software Developer at Aquila and Bloomberg. Also founded Clickpass and Heyzap, and was a Part-time Partner at Y Combinator.

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