Risk Manager Loss Forecasting
Risk Manager Loss Forecasting
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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
The Risk Manager Loss Forecasting will be an organized and motivated team player with a strong sense of ownership. As a key member of the credit risk management team you will be responsible for creating and tracking appropriate KPIs taking ownership of analytical initiatives from concept to delivery and serve as an active stakeholder in credit reviews. You will develop and maintain the infrastructure needed to support analytics and dashboarding for LendingClubs products and will be expected to find opportunities to enhance and automate existing processes.What Youll Do
- Collect and analyze data to identify credit risk (delinquency roll rate chargeoff and prepayment) trends and drive insights to further strengthen loss forecasting analytics
- Craft dashboards to track KPIs around portfolio performance including deep diving into credit strategies and their impact on it
- Develop early warning systems to proactively monitor credit risk exposure and emerging trends
- Use analytical techniques to mine loan characteristics/performance data to extract valuable insights for the business
- Own and drive endtoend analytical projects aimed at identifying quantifying and mitigating credit risk from both internal and external factors
- Collaborate with crossfunctional teams (Underwriting Finance Product Data Engineering) to align analytics with business strategy
- Correlate MacroEconomic conditions with LendingClubs internal loan performance to support recession readiness and long run planning
- Support planning and budgeting exercises within the company by leveraging forecasting assumptions and outputs
- Mentor junior team members in technical business and credit risk concepts
About You
- 3 years of experience in credit analytics risk management data science or information management; bachelor/masters degree with quantitative background (e.g. Statistics Math Engineering Economics)
- Bachelors degree or higher in a related field; or equivalent work experience
- Strong technical skills such as SQL Python and cloudbased technologies like AWS
- Experience with BI/data visualization tools (like Tableau/Power BI and Excel to create dashboards)
- Excellent written and verbal communication skills including ability to communicate project scope in documentation and presentation format.
- Experience in the Financial / FinTech industry is a plus.
- Previous experience with loss forecasting and collections analytics allowance and stress testing is a plus.
Work Location
San Francisco
We are currently working a hybrid schedule and our teams are inoffice Tuesdays Wednesdays and Thursdays.
Time Zone Requirements
Primarily 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 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.
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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:
Manager
Employment Type
Full-Time
