Head of Product - Business Lending (Fintech)

Location: San Francisco, CA; New York, NY; Portland, OR; or remote within the United States or Canada

Salary: $289,700–$362,100 USD for US employees; $273,800–$342,200 CAD for Canadian employees. Total rewards include base salary, equity, and benefits.

Company

Mercury is a fintech company building banking-grade financial products and a responsibly scaled business lending platform; banking services are provided through partner banks.

What you will do

• Own the business lending strategy, P&L, product portfolio, customer segments, originations, and economic targets.
• Build, recruit, develop, and lead a high-performing team of product managers and lending specialists.
• Launch and scale lending products, including term loans and lines of credit, while establishing an experimentation and growth loop.
• Partner with credit, underwriting, risk, finance, capital markets, and banking or lending partners on policy, models, eligibility, capital, and funding.
• Balance customer experience, growth, credit performance, compliance, risk controls, and operational rigor.
• Align product, engineering, underwriting, credit operations, data, compliance, legal, marketing, sales, support, and external partners around execution.

Requirements

• 10+ years of experience in lending or credit products, including significant experience in SMB, commercial, or business lending.
• 5+ years leading and managing product management teams, including hiring, coaching, organizational design, and performance management.
• Experience building and scaling a business lending organization and owning lending P&L levers such as pricing, credit policy, capital structure, loss performance, and unit economics.
• Deep understanding of the full lending lifecycle, including eligibility, applications, underwriting, decisioning, funding, servicing, repayment, and collections.
• Experience launching and scaling 0-1 lending or credit products, preferably in fintech or a high-growth environment.
• Experience working with bank partners, lending partners, or capital markets, plus strong cross-functional judgment in a regulated and risk-sensitive environment.

Culture & Benefits

• Commitment to diversity, belonging, equal employment opportunity, and reasonable recruitment accommodations.
• Total rewards include base salary, equity through stock options or RSUs, and benefits.
• Compensation is adjusted based on experience, expertise, geographic location, and internal pay equity.