LendingClub

Credit Risk Manager


PayCompetitive
LocationSan Francisco/California
Employment typeFull-Time

What's your preference?

Apply with job updates
  • Job Description

      Req#: R0006953

      Current Employees of LendingClub: Please apply via your internal Workday Account

      LendingClub Corporation (NYSE: LC) is the parent company of LendingClub Bank, National Association, Member FDIC. We are the leading digital marketplace bank in the U.S., having helped our nearly 5 million members secure over $90 billion in loans to refinance high-cost debt and achieve their financial goals. Members today have mobile-first access to a growing range of products and services designed to work seamlessly together to deliver value in new ways. Everyone deserves a better financial future, and our team is committed to making that a reality. Join the Club !

      About the Role

      As a key member of the credit risk management function, reporting to the Sr Manager of Commercial Credit Risk, this Credit Risk Manager will drive analytics related to portfolio performance & credit loss forecasting across the Commercial Lending business segment. In addition, this Manager will also serve as a key team member for initiatives related to data, model monitoring, capital stress testing and other horizontal initiatives across the risk management function.

      What You'll Do

      • Collate data and conduct descriptive & inquisitive analytics to generate high quality insights related to credit performance across the portfolio. Provide leading-edge credit risk identification & mitigation, with forward-looking & actionable insight for management and the Board
      • Build automation routines and data visualization dashboards for management insight
      • Lead the development of preventive & detective control systems and robust early warning and performance monitoring mechanisms. Ensure monitoring is in place, including processes for management of credit and operational risk in accordance with Company and regulatory standards
      • Collaborate with cross-functional teams (Operations Finance, Data Engineering, Model Risk Management) on horizontal and change management initiatives
      • Participate in the ongoing redevelopment of credit loss forecasting methodologies & models, financial planning and capital stress test initiative
      • Ensure rigorous documentation is in place for all key procedures & processes
      • Coordinate credit administration including but not limited to credit risk committee meetings and ongoing review & refresh of the Bank’s credit policy, standards, risk appetite and concentration limits
      • Ensure timely and accurate completion of all Credit Committee, Board and regulatory reporting from a credit risk perspective
      • Participate in industry forums to keep abreast of industry standards and best practices

      About You

      • Data science practitioner with 3+ years of experience in descriptive & predictive analytics

      • High level of proficiency in SQL, Python and cloud-based technologies like AWS

      • Experience with data visualization tools (Tableau/Power BI and Excel)

      • Strong analytical, critical thinking & problem-solving skills.

      • Rigorous analyst, adept synthesizer and very articulate written & verbal communicator

      • Effective collaborator, negotiator and team player with a versatile interpersonal and influencing style

      • College degree in quantitative discipline (Engineering, Statistics, Math, Economics)

      Work Location
      San Francisco

      We are currently working a hybrid schedule and our teams are in-office Tuesdays, Wednesdays, and Thursdays.

      Time Zone Requirements
      Local hours (PT)

      Travel Requirements
      If you need to travel for work, LendingClub will cover your travel related expenses.

      Compensation
      The target base salary range for this position is 125,000-145,000. The position is also eligible to receive a bonus (which is based on company performance, employee performance and eligible earnings), equity , and benefits. Our salary ranges, other compensation and benefits offered are determined by role, experience level and location.

      We’re creating new financial services solutions for our members based on fairness, simplicity, and heart, and we treat our employees the same way. We offer a competitive benefits package that includes medical, dental and vision plans for employees and their families, 401(k) match, health and wellness programs, flexible time off policies for salaried employees, up to 16 weeks paid parental leave and more.

      #LI-Hybrid
      #LI-HB1


      LendingClub is an equal opportunity employer and dedicated to diversity, equity, and inclusion in the workplace. We do not discriminate on the basis of race, religion, color, national origin, sex (including pregnancy, childbirth, reproductive health decisions, or related medical conditions), gender, gender identity, gender expression, sexual orientation, age, marital status, veteran status, disability status, political views or activity, or other applicable legally protected characteristics. We believe that a variety of perspectives will make our teams and business stronger as we work together to transform the traditional banking system.

      We are committed to providing reasonable accommodations for qualified individuals with disabilities in our job application process. If you need assistance or an accommodation due to a disability, please contact us at interviewaccommodations@lendingclub.com.

  • About the company

      LendingClub is an American peer-to-peer lending company, headquartered in San Francisco, California.

Notice

Talentify is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

Talentify provides reasonable accommodations to qualified applicants with disabilities, including disabled veterans. Request assistance at accessibility@talentify.io or 407-000-0000.

Federal law requires every new hire to complete Form I-9 and present proof of identity and U.S. work eligibility.

An Automated Employment Decision Tool (AEDT) will score your job-related skills and responses. Bias-audit & data-use details: www.talentify.io/bias-audit-report. NYC applicants may request an alternative process or accommodation at aedt@talentify.io or 407-000-0000.