Head of Product – Stealth Project

In 1958, Bank of America secretly launched “Project Drop” – mailing 60,000 unsolicited credit cards to residents of Fresno, California without warning. This audacious experiment, led by Joseph Williams, created the first successful mass-market credit card system and eventually became Visa. Working in stealth mode within a traditional bank, Williams’ team invented not just a product but an entire ecosystem—merchant networks, fraud prevention, consumer credit scoring—that transformed global commerce.

At Mercury, we’re looking for a leader of our next transformative product line (that’s definitely not a credit card). You’ll own and launch a new financial product that fundamentally changes how startups and growing businesses operate. You’ll build the team, define the vision, launch the product, and navigate the complexities of introducing something new in financial services. This role demands equal parts strategic thinking, hands-on execution, and the courage to drop something revolutionary into the market.

*Mercury is a financial technology company, not a bank. Banking services provided through Choice Financial Group, Column N.A., and Evolve Bank & Trust, Members FDIC.

As part of this job, you will:

• Lead a Stealth Product team that is building a new product experience and business line, including platform capabilities, customer-facing product experiences, and the distribution of how people adopt the product
• Launch lovable product experiences that drive meaningful business impact and integrate seamlessly into Mercury’s broader product suite
• Guide 4+ PMs and product teams on strategy, execution, craft, and much more
• Partner closely with your Design & Engineering counterparts, our GTM team, and company leadership team to define and drive long-term product strategy
• Build an organization that can react quickly and adapt to short-term goals, while investing in long-term platform work
• Empower other product teams to deliver customer experiences with speed and scale

Here are some things that might be helpful for this role:

• 10+ years as a founder or product leader, with 3+ years building financial products
• Experience building, scaling, and leading product teams 0→1 across a wide surface area of financial products
• Proven leadership across multiple product teams (20+ engineers)
• Experience at a fast-growing fintech company
• A founder mindset and comfort operating in ambiguity
• Expert understanding of founder or early business challenges/opportunities, and how they adopt software to solve those
• Excellent communication skills – for internal alignment, executives, and external partnerships
• Strong systems thinking and comfort with complex, technical domains
• A bias toward building beautiful, high-impact customer experiences
• Comfort using data to inform strategy and business decisions
• And, ideally, a sense of humor

The total rewards package at Mercury includes base salary, equity, and benefits.

Our salary and equity ranges are highly competitive within the SaaS and fintech industry and are updated regularly using the most reliable compensation survey data for our industry. New hire offers are made based on a candidate’s experience, expertise, geographic location, and internal pay equity relative to peers.

Our target new hire base salary ranges for this role are the following:

• US employees (any location): $289,700 – $362,100
• Canadian employees (any location): CAD 273,800 – 342,200

Mercury values diversity & belonging and is proud to be an Equal Employment Opportunity employer. All individuals seeking employment at Mercury are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, gender identity, sexual orientation, or any other legally protected characteristic. We are committed to providing reasonable accommodations throughout the recruitment process for applicants with disabilities or special needs. If you need assistance, or an accommodation, please let your recruiter know once you are contacted about a role.

We use Covey as part of our hiring and / or promotional process for jobs in NYC and certain features may qualify it as an AEDT. As part of the evaluation process we provide Covey with job requirements and candidate submitted applications. We began using Covey Scout for Inbound on January 22, 2024. Please see the independent bias audit report covering our use of Covey here.

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