Lending Club
3 months ago
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
Our Point of Sale Finance business helps small businesses serve more customers by partnering with them to offer simple, budget-friendly financing solutions for the goods and services they offer. Examples include elective medical and dental providers, home improvement professionals, education providers and numerous other verticals in flight or in the planning stages. As the General Manager for the POS Finance business, this leader will set the business line strategy, construct long-term sales plans and be accountable for driving profitable growth and managing the P&L.What Youll Do
- Manage P&L and product line strategy; create top-down lending growth and profitability targets.
- Regularly present business performance and growth opportunities to the CEO and other C-level leaders.
- Build innovative new installment and revolve credit products and features to maintain a competitive edge in the medical, education markets and 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. Bring a relentless drive to remove points of friction for both merchants/providers and end-customers at every stage of the checkout/lending process.
- Manage the application funnel to provide a seamless merchant/borrower experience, reduce friction points in the verification process and maximize pull through
- Maintain a keen eye on the competition including POS lenders, banks, fin-techs and other disruptive players to position LendingClub to win in the POS lending/Captive Finance space.
- Maximize revenue growth for the business by optimizing credit strategies, merchant discount fees and borrower interest rates
- Identify new verticals and go-to-market 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
- 15+ years experience in consumer finance and lending
- Deep experience in B2B2C marketing, credit product development and P&L ownership; particularly Point-of-Sale distribution channels, B2B sales and growing & nurturing long-term partnerships
- You are a people manager with 10+ 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
- Demonstrated experience in lending product innovation
- Strong analytical orientation
- You hold a bachelor’s degree in a related field; or equivalent experience
Work Location
San Francisco
The above locations are eligible offices for this role. The locations have been determined to foster in-person collaboration with this role’s team or the related business lines. We utilize a hybrid work model, and our teams are in-office Tuesdays, Wednesdays, and Thursdays. In-person attendance is essential for this role’s success, and remote placement will not be considered. LendingClub offers relocation, based on actual job level.
Time Zone Requirements
Primarily PT
Local hours (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 240,000-270,000. 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 LendingClub’s 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).
We’re 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.
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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 interviewaccommodations@lendingclub.com.