Credit Strategy & Pricing Manager
Share
Job Location:
San Francisco, CA - USA
Monthly Salary:
Not Disclosed
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Current Employees of LendingClub: Please apply via your internal Workday Account
LendingClub(soon to be Happen Bank)is built around a simple purpose: to clear the way to help people turn intention into action and action intofinancial progress. That means offering focused products a frictionless mobile-first experience and clear terms with no gotchas. Respect and fairness is part of our DNA and that ideal shapes how we work how we treat each other and how we invest in our employees and our community. Join us in using data bold thinking and a commitment to innovation to help clear the way for millions of Americans to achieve more.
About the Role
SummaryJob Description Summary
As a key member of the Credit Risk Team you will be responsible for managing and crafting risk strategies along with developing and tracking appropriate metrics. You will develop personal loan underwriting and pricing strategy driving loan growth/yield improvement initiatives managing program performance KPIs and serve as an active stakeholder in flawless implementation.
What Youll Do
- Develop implement and handle 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 data and convert findings into executions including risk mitigation actions pricing optimization and 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
- Work closely with technology teams to ensure new strategies are implemented accurately and as designed
- In addition to leveraging both off-the-shelf and custom AI tools in daily work look to develop new custom tools or enhance existing processes with AI
About You
- 3 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
- Technical skills such as SQL SAS R and Python
- Experience with BI/data visualization tools like Tableau or Excel to create dashboards
- Excellent written and verbal communication skills
- You actively use AI to improve your work and are thoughtful about accuracy data sensitivity and better ways of working.
Work Location
San Francisco
The above locations are eligible offices for this locations have been determined to foster in-person collaboration with this roles team or the related business lines. We utilize a hybrid work model and our teams are in-office Tuesdays Wednesdays and -person attendance is essential for this roles success and remote placement will not be offers relocation based on actual job level.
Time Zone Requirements
Primarily PT
While the position will primarily work local hours LendingClub is headquartered in Pacific Time and our ideal candidate will be flexible working across time zones when necessary.
Travel Requirements
Monthly/quarterly/as needed travel to LendingClub offices and/or other locations as needed.
Compensation
The target base salary range for this position is 00. The base salary of the role will be determined by job-related knowledge experience education skills and location. Base salary is just one part of LendingClubs Total Rewards package. You may also be eligible for long-term awards (equity) and an annual bonus (which is based on company performance employee performance and eligible earnings).
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 programs flexible time off policies for 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
Key Skills
About Company
We’re rewriting the rules of traditional banking, and we only win when our customers succeed. Personal loans up to $60,000, savings, CDs and more. Check your rate online in minutes without impacting your credit score.
