In the late 19th century, the electrical industry was rapidly expanding. However, it was heavily fragmented without standard voltages, frequencies, and plug types, making it difficult for consumers. The “War of Currents” emerged between proponents of DC, led by General Electric, and proponents of AC, led by Westinghouse Electric. With advancements in AC, pioneered by Nikola Tesla, engineers and executives of both companies came together to negotiate a new technical standard. They helped establish what is now known as IEEE (Institute of Electrical and Electronics Engineers) which provided a formal platform for developing and adopting industry standards. By the early 20th century, the collaboration led to the widespread adoption of 60Hz as the standard frequency for AC power in North America and the establishment of standardized voltage levels and plug types. This standardization was crucial for the rapid expansion of the electrical grid and the proliferation of electrical appliances and systems which consumers have benefited from for over a century.
Mercury is rapidly expanding and setting the new standard for what a business banking* platform can do for its customers. As we grow beyond traditional business banking into financial workflows, we must maintain a unified experience. Coming together with other product teams, we are passionately focused on ensuring our products not only meet but exceed the needs of our customers in a delightful way.
The Spend Management team is building products and platforms that redefine how companies implement processes and strategies to track, control, and optimize their spending. We’re a team of full-stack engineers motivated by the desire to create a lovable and intuitive product experience that brings a sigh of relief to our customers who are frustrated by existing complex and fragmented spend management solutions.
*Mercury is a financial technology company, not a bank. Banking services provided by Choice Financial Group, Column N.A., and Evolve Bank & Trust; Members FDI.
As part of this role, you will:
The ideal candidate for the role:
If this role interests you, we invite you to explore our public demo at demo.mercury.com.
The total rewards package at Mercury includes base salary, equity (stock options), 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 job 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:
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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