Senior Procurement Business Partner

Job description

Mercury is building a complete finance stack for startups. We work hard to create the easiest and safest banking\* experience possible to simplify entrepreneurs' and business owners’ financial lives. At Mercury, procurement is a strategic function. We have a modern approach where teams move fast and procurement provides the structure, systems, and commercial rigor that make that speed sustainable. We’re growing our procurement team and hiring a senior business partner to own high-impact deals and help scale how procurement operates. This role sits at the center of procurement execution, vendor operations, and P2P systems. You’ll run procure-to-pay workflows end to end, manage procurement tooling, and partner closely with Finance, Legal, Security, and Compliance to enable smart buying decisions across the company. This is not a traditional, checkbox-driven procurement role. You’ll negotiate, help build processes, improve systems, and shape how procurement works at Mercury as the company grows. *\*Mercury is a fintech company, not an FDIC-insured bank. Banking services provided through Choice Financial Group and Column N.A., Members FDIC.* **Here’s what you’ll do:** - Own procurement intake and deal execution from request through contract signature and supplier onboarding - Design and improve procurement processes, policies, and controls as the company pursues bank charter readiness - Act as a force multiplier for the team, setting playbooks and standards others can run - Lead contract negotiations end to end, including commercial strategy by coordinating redlines, pricing discussions, and vendor communications - Operate and administer P2P and procurement tools, ensuring workflows, controls, and integrations are working as intended - Maintain clean, accurate procurement and vendor data across intake, approvals, renewals, and systems - Manage day-to-day vendor portfolio operations including vendor records, renewal calendars, pricing changes, SLAs, and basic performance tracking - Serve as the operational point of contact for Accounts Payable, Legal, Security, and Compliance on procurement-related matters - Monitor cycle times and bottlenecks, and drive process and tooling improvements to increase speed and quality - Support vendor risk intake by triggering required cross-functional reviews and escalating issues when appropriate - Build and maintain dashboards and reports on spend, renewals, throughput, and savings to support planning and decision-making - Partner with the Procurement Lead on reporting, deal preparation, and executive updates **You should have:** - 5-8 years of experience in procurement, sourcing, P2P operations, or a related finance or operations role - Hands-on experience with P2P or procurement systems such as Zip, Coupa, Ariba, or similar tools - Track record of independently leading negotiations with meaningful commercial outcomes - Experience building or materially improving procurement processes - Experience in vendor risk, compliance, or third-party review processes - Experience running workflows from incomplete or messy intake through execution and close - Strong operational judgment, attention to detail, and a bias to action - Comfort working cross-functionally with Finance, Legal, Security, and business stakeholders - Ability to work with data and build simple, useful dashboards to inform decisions **Nice to have:** - Experience operating in a regulated or high-scrutiny environment - Experience in a high-growth tech or startup environment 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. #LI-RQ1 **Total Rewards** The total rewards package at Mercury includes base salary, equity (stock options/RSUs), 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: $154,200—$192,800 USD US employees outside of New York City, Los Angeles, Seattle, or the San Francisco Bay Area: $138,800—$173,500 USD Canadian employees (any location): $145,800—$182,200 USD