Senior Procurement Business Partner

About the role

Mercury is building a complete finance stack for startups, working to create the easiest and safest banking experience possible to simplify entrepreneurs' and business owners’ financial lives. Procurement is a strategic function at Mercury, providing the structure, systems, and commercial rigor that enable teams to move fast sustainably. The company is growing its procurement team and hiring a senior analyst to own high‑impact deals and help scale procurement operations. This role sits at the center of procurement execution, vendor operations, and P2P systems, running procure‑to‑pay workflows end to end, managing procurement tooling, and partnering closely with Finance, Legal, Security, and Compliance to enable smart buying decisions across the company.

Responsibilities

• 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

Requirements

• 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

Skills

• Experience operating in a regulated or high‑scrutiny environment
• Experience in a high‑growth tech or startup environment

Pay

The total rewards package at Mercury includes base salary, equity (stock options/RSUs), and benefits. Salary ranges are highly competitive within the SaaS and fintech industry and are updated regularly using reliable compensation survey data. New hire offers are based on experience, expertise, geographic location, and internal pay equity relative to peers. Target new hire base salary ranges for this role are:

• 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