Credit Strategy Manager, Home Improvement
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Job Location:
San Francisco, CA - USA
Monthly Salary:
Not Disclosed
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
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 team you will develop and manage credit risk strategies for LendingClubs Point of Sale lending this role you will design underwriting and pricing strategies monitor portfolio performance and identify opportunities to improve risk-adjusted returns while maintaining appropriate loss levels.You will apply analytical techniques and experimentation frameworks to evaluate strategy performance optimize risk decisions and improve the financial performance of LendingClubs Point of Sale lending business.
What Youll Do
- Develop and manage credit risk strategies including underwriting pricing loan amount assignment and verification policies based on probability of default models
- Design and run A/B tests to evaluate risk and return tradeoffs using hypothesis testing frameworks
- Build automated dashboards and reporting to track KPIs related to funnel conversion portfolio performance and strategy outcomes
- Analyze loan performance data to identify underperformance trends and conduct root cause analysis to recommend risk mitigation strategies
- Evaluate credit expansion opportunities to optimize risk-adjusted revenue
- Expand the data used in credit decisioning by assessing new data sources and improving the use of existing variables
- Monitor and improve data quality coverage and data freshness used in risk models and decisioning processes
- Partner with technology teams to ensure credit strategies are implemented accurately and operate as designed
About You
- 3 years of experience in credit risk analytics risk management or data science roles
- Strong technical skills using SQL SAS R or Python
- Experience using BI or data visualization tools such as Tableau or Excel to develop dashboards and reporting
- Strong analytical thinking and ability to evaluate complex data to support decision-making
- Excellent written and verbal communication skills including the ability to present findings and recommendations clearly
- Bachelors degree in a related field such as Statistics Mathematics Engineering Economics or a similar quantitative discipline; or equivalent work experience
- Experience working in financial services fintech or consumer lending environments is a bonus
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
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.
