VP Purchase Finance
VP Purchase Finance
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Salary Not Disclosed
1 Vacancy
Job Description
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 highcost debt and achieve their financial goals. Members today have mobilefirst 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
Our Purchase Finance (Patient Solutions) business provides simple budget friendly plans to help people looking to finance elective dental and medical procedures. In addition we also help parents meet their childs educational needs. As the General Manager for the Purchase Finance business this leader will set the business line strategy construct longterm plans and be accountable for driving growth profitably.What Youll Do
- Manage profit & loss and product line strategy; create topdown lending growth and profitability targets
- Build innovative new installment and revolve credit products and features to maintain a competitive edge in the medical education marketsand other new markets that the business will venture into in the future
- Grow both merchant and borrower base by bringing a customer centric data driven method of business development acquisition marketing and communicating with new and existing customers
- Manage the application funnel to provide a seamless merchant/borrower experience reduce friction points in the verification process and maximize pull through
- Maximize revenue growth for the business by optimizing credit strategies merchant discount fees and borrower interest rates
- Identify new verticals and gotomarket strategies to drive future growth
- Understand the evolving regulatory environment as it applies to the markets we operate in; actively manage and mitigate the operational/compliance risks by monitoring merchant base and applying appropriate controls
About You
- 12 years experience in consumer finance and lending
- You are a people manager with 7 years of experience leading and mentoring teams
- You are a strong team leader and consensus builder; able to build and maintain positive and collaborative relationships internally and externally while driving for results
- Experience in B2B2C marketing credit product development and P&L ownership; particularly PointofSale distribution channels and partnerships
- Demonstrated experience in lending product innovation
- Strong analytical orientation
- You hold a bachelors degree in a related field; or equivalent experience
Work Location
San Francisco or Lehi
We are currently working a hybrid schedule and our teams are inoffice Tuesdays Wednesdays and Thursdays.
Time Zone Requirements
Local hours (PT MT)
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 position is also eligible to receive a bonus (which is based on company performance employee performance and eligible earnings)equityand benefits. Our salary ranges other compensation and benefits offeredare determined by role experience level and location.
Were 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 programsflexibletime off policiesfor salaried employees up to 16 weeks paid parental leave and more.
#LIHybrid
#LIHB1
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
Required Experience:
Exec
Employment Type
Full-Time
