Senior Procurement Analyst

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 hiring our first Procurement Analyst to help scale this function. 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 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
• Support contract negotiations 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:

• 2–5 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
• Exposure to contract negotiations, pricing discussions, renewals, or commercial deal support, even if you have not led negotiations independently 
• 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 in a high-growth tech or startup environment
• Exposure to vendor risk, compliance, or third-party review processes
• Familiarity coordinating basic contract redlines or negotiations

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: $121,700 - $152,100
• US employees outside of the New York City, Los Angeles, Seattle, or the San Francisco Bay Area: $109,500 - $136,900
• Canadian employees (any location): CAD $115,000 - $143,700

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 for more information.] 

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