Credit & Underwriting Strategist

Mercury is hiring a Credit & Underwriting Strategist.

Our Credit & Underwriting team is looking for an experienced individual contributor to help scale our credit risk infrastructure and drive smarter credit decisions across our business.

In this role, you’ll lead key initiatives that improve how we assess, monitor, and grow credit —both for our core B2B charge card products and emerging cards offerings. You’ll partner closely with underwriting, data science, product, and compliance to shape strategy and influence how Mercury extends credit through cards to startups, ecommerce companies, and beyond.

If you have strong underwriting instincts, enjoy solving problems with data, and want to shape the future of modern credit products, we’d love to chat.

Here are some things you’ll do on the job:

• Design and refine underwriting methodology

  • Explore alternative underwriting strategies (e.g., revenue-based models, extended repayment terms)

  • Evaluate and validate new credit signals, internally and via vendors

• Lead special projects

  • Expand eligibility criteria for existing and upcoming credit products

  • Shape underwriting strategy for new credit card products

  • Develop frameworks for improving credit limit stability without increasing risk

  • Help establish and track goals for various underwriting functions

  • Iterate on existing mitigation strategies

• Monitor and assess credit performance

  • Own and improve monthly underwriting audits

  • Maintain QA processes for both credit reporting and decisioning systems

  • Support loss forecasting and drive trend-based strategy development

• Drive data-informed decisioning

  • Translate analysis into actionable credit strategy

  • Recommend and implement KPI’s to improve risk decisioning, customer segmentation, operations, and loss

  • Lead evaluation and implementation of third-party data vendors

• Support audits and compliance

  • Prepare materials for internal and external audits

  • Help deliver data and process diligence for regulatory and banking partners

You may be a great fit if you have:

• Deep credit expertise

  • 5+ years in credit, underwriting, analytics, or risk roles (ideally in fintech, B2B lending, or corporate cards)

  • Experience with consumer credit is a plus; experience in Cards strongly preferred

  • Comfort underwriting eCommerce, venture-backed, or unconventional businesses

• Strong technical and analytical chops

  • Proficiency in SQL and fluency in financial statement analysis (especially SMB/startup contexts)

  • Ability to extract signal from imperfect data and communicate decisions clearly

  • Ability to own projects from end to end

• Cross-functional fluency

  • You’ve worked closely with Product, Engineering, Compliance, & Finance teams

  • You’re comfortable owning ambiguous projects and pushing them forward with minimal oversight

  • You communicate clearly and concisely

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: $142,900 - 160,700

• US employees outside of New York City, Los Angeles, Seattle, or the San Francisco Bay Area: $128,600 - 144,600

• Canadian employees (any location): CAD 135,000 - 151,900

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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