Head of Investment Products at mercury

**Who this is for** This is a unique leadership opportunity for an experienced Head of Investment Products who can drive Mercury's investment strategy across bo

Work type: remote

Location: San Francisco, CA, New York, NY, Portland, OR, or Remote within United States

Salary: $289,700 – $362,100/yr

Type: Full-time

Summary

**Who this is for** This is a unique leadership opportunity for an experienced Head of Investment Products who can drive Mercury's investment strategy across both business and personal offerings. You will blend investment leadership, product development expertise, and regulatory executive responsibilities, acting as President of Mercury Advisory and CEO of a new introducing broker-dealer. **Key highlights** As the Head of Investments, you will set the direction for Mercury's investment products, shaping how billions of dollars are managed. You will lead regulatory functions, oversee brokerage operations, manage business and regulatory risk, foster key partnerships, and build a culture of analytical rigor and product-minded thinking. **You might be a good fit if you...** - Have 12+ years of experience in investment management, asset management, or wealth management, with leadership at an RIA. - Are eligible to serve (or have served) as a president of an RIA and a principal of a broker-dealer, holding a Series 24 license. - Have experience owning trading operations and overseeing best-execution responsibilities. - Bring a strong product mindset with experience building or scaling investment products and platforms.

Job Description

In 1924, Benjamin Graham began teaching a night class at Columbia Business School. His students were Wall Street professionals who came to learn a radical idea: that investing could be rigorous, disciplined, and principled, not merely speculative. Graham insisted that the best investors weren’t the ones with the sharpest instincts, but the ones who built the most trustworthy systems. He spent the rest of his career proving it.

A century later, most investment platforms still feel like they were designed for the speculative crowd. Mercury is building something different. We believe startups and growing businesses deserve investment infrastructure that is principled, transparent, and embedded in the tools they already use to run their finances.

Our Treasury product already helps thousands of companies put their idle cash to work, and Mercury Invest brings investing to our personal banking customers. We operate a registered investment adviser and are standing up an introducing broker-dealer to support these offerings.

We’re looking for a Head of Investments to lead this effort across both our business and personal investing products. This role will also serve in formal regulated capacities, including President of Mercury Advisory (our registered investment adviser) and CEO of our introducing broker-dealer.

This is a rare role: part investment leader, part product leader, and part regulatory executive. You’ll sit in the Product org, working at the intersection of investments, product development, brokerage operations, and compliance, ensuring that as we scale our investment platform, we do so with the rigor and care our customers trust us for.

Mercury is a fintech company, not an FDIC-insured bank. Banking services provided through Choice Financial Group and Column N.A., Members FDIC.

In This Role, You’ll…

Set the overall direction for our investment products across business and personal offerings (Treasury and Invest), including how we design, position, and evolve them over time, shaping how tens of billions of dollars are managed on behalf of our customers.

Serve as President of Mercury Advisory (our RIA), acting as the firm’s accountable leader for investment strategy, client outcomes, and regulatory integrity. You’ll be a named executive officer and primary point of contact for regulators, responsible for the quality and consistency of the investment products and services we deliver.

Serve as the CEO of our introducing broker-dealer, establishing strong governance, overseeing brokerage operations, and ensuring alignment across product, operations, compliance, and external partners.

Act as the senior decision-maker on regulatory and business risk matters for our investment entities, synthesizing input from Legal, Compliance, Product, and represent those decisions to regulators when needed. You won’t delegate compliance awareness, you’ll live it.

Foster relationships with key partners - custodians, fund managers, and critical vendors

Build a culture that values analytical rigor, regulatory integrity, and the kind of product-minded thinking that makes Mercury distinctive.

You Might Be a Great Fit If You…

Have 12+ years of experience in investment management, asset management, or wealth management, with meaningful time spent in a leadership role at an RIA, ideally one affiliated with a broker-dealer.

Are eligible to serve (or have served) as a president of a registered investment adviser and a principal of a broker-dealer, and hold (or are able to obtain) a Series 24 license. You understand the regulatory landscape at a practitioner level, not just theoretically.

Have experience owning trading operations and overseeing best-execution responsibilities within an affiliated RIA and broker-dealer, including how orders are submitted and managed to optimize execution quality at scale.

Bring a strong product mindset, with experience building or scaling investment products and platforms in a high-growth environment.

Have direct experience navigating SEC and FINRA regulatory requirements and working with examiners, and have helped build or operate investment platforms that meet regulatory standards.

Are a first-principles thinker who can design investment products to meet the distinct needs of both corporate treasury customers and individual retail investors, balancing simplicity, performance, and operational scalability.

Are a strong communicator who can make complex investment and regulatory concepts accessible to product teams, executives, and customers alike.

Have a high bar for operational excellence and detail. You understand how breakdowns in trading, reconciliation, or reporting can impact the integrity of the entire system.

Organizational Context

This role sits within the Product organization, reporting to the Head of Banking.

You’ll work closely with Investments Operations, Investments Compliance, and the broader Risk and Legal teams.

As President of Mercury Advisory and CEO of our broker-dealer, you’ll carry fiduciary and regulatory responsibilities that extend beyond typical product leadership.

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

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 ](https://getcovey.com/product/covey-scout-inbound)on January 22, 2024.

[[Please see the independent bias audit report covering our use of Covey for more information.]](https://getcovey.com/nyc-local-law-144)

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