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Commercial Counsel

Mercury

Mercury

Legal
New York, NY, USA · San Francisco, CA, USA · Portland, OR, USA · United States · Portland, OR, USA · San Francisco, CA, USA · Remote
Posted on Oct 10, 2024

“Learning is an experience. Everything else is just information.”

If you are looking for an opportunity to learn through experience, are a creative legal thinker, solutions-oriented, and enjoy collaborating with legal and business colleagues to make financial operations better for ambitious start-ups, you should apply.

Mercury lays the groundwork for ambitious companies to operate at their highest level with financial workflows carefully designed for the startup journey. With intelligent financial workflows efficiently powering their finance operations, founders and finance teams have more time to focus on what matters - building their business. And with access to the best investors, operators, founders, and resources, startups can better navigate the obstacles of company building. That’s why more than 200K startups choose Mercury*. Our mission is to disrupt financial workflows by providing customers with a bank experience that is intuitive, enjoyable, and attuned to an entrepreneur’s need.

The Commercial team is responsible for supporting business partners across the organization to make sure that they have the resources and guidance that they need to succeed. You will work closely with the procurement team in negotiating contracts to support all aspects of the business. You will support our partnerships team as they negotiate and navigate partnerships key to our business. Finally, as a fast growing start-up ourselves a broad range of legal issues arise from day to day and our team jumps in when needed and where they have relevant knowledge, experience or a desire to learn and solve problems. Experience in fintech is welcomed, as is a passion for mastering something new.

As part of the journey, we would expect you to:

  • Work closely with cross-functional partners across the company
  • Deeply understand our product and our customers, and how our commercial legal work serves both
  • Help structure, negotiate, and manage a broad variety of commercial contracts
  • Help negotiate and manage business critical partnerships
  • Navigate state and federal regulatory frameworks
  • Think proactively about compliance
  • Exercise judgment in evaluating legal risks associated with contracts and other activities
  • Help take care of all the day-to-day legal requests that come to the team

Some things that might make you successful in a role like this:

  • ~2-3 years of legal experience, including either law firm or in-house experience
  • JD and bar admission
  • The ability to communicate clearly
  • A sense of humor and appreciation of craftsmanship
  • Empathy
  • Some experience in the world of fintech or banking, or a strong willingness and passion to learn about those areas

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

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 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 in New York City, Los Angeles, Seattle, or the San Francisco Bay Area: $168,500 - 198,200 USD
  • US employees outside of New York City, Los Angeles, Seattle, or the San Francisco Bay Area: $ 151,700 - 178,400 USD

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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