Head of Product - Business Lending @Mercury

Overview

The Head of Product for Business Lending at Mercury is responsible for leading the company's lending business, defining product strategy, and driving growth. This role involves managing P&L outcomes and ensuring the execution of a cohesive lending strategy.

Key Responsibilities

• Own the business lending P&L and strategy, including setting multi-year goals for product development and growth.
• Build and scale the lending organization by recruiting and leading a high-performing product management (PM) team.
• Launch and grow Mercury's lending products, including term loans and lines of credit, while building an experimentation loop for growth.
• Collaborate with credit, underwriting, and risk teams on credit policy and eligibility
• Manage partnerships with capital and lending partners to ensure business capitalization and structure.
• Balance business growth with compliance and risk management requirements.
• Align various teams within the organization, including product, engineering, and marketing, to execute lending strategies.

Requirements

• 10+ years in lending or credit products, specifically in business lending.
• 5+ years of experience managing teams of product managers.
• Deep understanding of the full lending lifecycle and associated compliance considerations.
• Track record of managing a lending P&L, including pricing and loss performance.
• Experience launching and scaling lending products in a fintech environment.
• Strong judgment in a regulated environment, balancing customer experience with necessary controls.
• Data-driven approach and cross-functional leadership abilities.

Benefits

The total rewards package includes a competitive base salary, equity options, and additional benefits.

Location

Remote within Canada or the United States.

How to Apply

Please submit your application through the provided link.

Deadline

No specific application deadline stated.