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Mercury is seeking a Senior Procurement Business Partner to enhance procurement processes and manage vendor operations. This role involves leading negotiations and improving systems in a fast-paced fintech environment.
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.
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
Conditions
- Total rewards package includes base salary, equity (stock options/RSUs), and benefits
- Competitive salary ranges based on location and experience: