Head Of Product (Fintech)

TL;DR

Head of Product (Fintech): Leading the end-to-end business lending strategy and P&L with an accent on scaling credit products and driving growth. Focus on building high-performing teams, managing complex credit/risk frameworks, and balancing customer experience with rigorous financial controls.

Location: Must be based in the United States or Canada (Hybrid options available in San Francisco, New York, or Portland).

Salary: $289,700 - $362,100 USD (US) or 273,800 - 342,200 CAD (Canada).

Company

Mercury is a fintech company providing banking services to businesses, focused on building a banking-grade lending business.

What you will do

• Define and execute the multi-year strategy for business lending products, including term loans and lines of credit.
• Recruit, develop, and lead a high-performing team of product managers and lending specialists.
• Own the lending P&L, including pricing, capital structure, and loss performance.
• Partner with credit, underwriting, and risk teams to ensure compliance and healthy approval rates.
• Manage relationships with capital markets and banking partners to ensure the business is well-capitalized.
• Balance rapid growth with the rigorous risk and compliance standards required for regulated credit products.

Requirements

• 10+ years of experience in lending or credit products, specifically in SMB or commercial lending.
• 5+ years of experience leading and managing product management teams.
• Deep understanding of the full lending lifecycle, including underwriting, decisioning, servicing, and collections.
• Proven track record of owning a lending P&L and managing unit economics.
• Experience launching and scaling 0-1 credit products in a high-growth or fintech environment.
• Strong cross-functional leadership skills with the ability to align engineering, finance, legal, and compliance teams.

Culture & Benefits

• Competitive total rewards package including base salary and equity (stock options/RSUs).
• Commitment to diversity and inclusion as an Equal Employment Opportunity employer.
• Supportive environment with a focus on professional development and organizational design.
• Regularly updated compensation based on industry-leading survey data.