Sr Credit Strategy Manager
Sr Credit Strategy Manager
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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 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
We are looking for a Sr Manager Credit Strategy & Pricing who is an organized and motivated player-coach with a strong sense of ownership. As a key member of the credit risk management team you will be responsible for developing risk strategies creating and tracking appropriate KPIs and serve as an active stakeholder in flawless implementation. You will develop and implement the underwriting and pricing strategy for Partnership channels an important and growing marketing channel for LendingClub.What Youll Do
- Develop gain approval and implement credit risk strategies that involve elements of credit underwriting pricing loan amount assignment and verification based on an estimation of probability of default
- Design A/B tests to help understand risk return tradeoffs using hypothesis testing frameworks
- Craft automated dashboards to track KPIs around funnel conversion and strategy/portfolio performance; summarize and present findings to senior management
- Use analytical techniques to mine loan performance data identify pockets of underperformance conduct root cause analysis draw conclusions and help recommend risk mitigation strategies
- Measure credit expansion opportunities to optimize risk-adjusted revenue
- Expand existing set of data used in credit decisioning process by evaluating information value of non-traditional data sources and by re-engineering use of existing data elements
- Manage and measure data quality coverage and freshness
- Taking ownership in developing executing and driving solutions independently for partnership channels
- Collaborate with partner marketing and product teams to identify key drivers and ensuring overall performance and KPIs are in line with expectations
- Work closely with technology and engineering teams to ensure new strategies are implemented accurately and as designed
- Develop and provide regular reporting on project status and ensure timely communication at senior level meetings
- Partner with cross-functional team to ensure the effective execution of new partnerships managing all stages including partner onboarding launch performance monitoring and ongoing tracking of credit performance and optimization
About You
- 6 years of experience in some combination of credit analytics risk management and data science
- Bachelors degree or higher in a quantitative field (e.g. Statistics Math Engineering Economics); or equivalent work experience
- Must be self-directed able to work independently as well as work in a team-oriented and fast paced environment
- Strong technical skills such as SQL SAS Python Tableau with familiarity with big data and cloud environments
- Strong MS-Office skills (Excel PowerPoint)
- Excellent written and verbal communication skills including ability to communicate project scope in documentation and presentation format
- Previous experience in the financial or fintech industry preferably in partnership channels is a plus
Work Location
San Francisco
We are currently working a hybrid schedule and our teams are in-office 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.
#LI-Hybrid
#LI-GB1
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
