Job Details

Credit Risk Management Team Member

As a key member of the Credit Risk Management team, you will develop and manage credit risk strategies for LendingClub's Point of Sale lending products. In 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 LendingClub's Point of Sale lending business.

What You'll 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
• Bachelor's 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 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

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 135,000-150,000. 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).

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 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 ...@lendingclub.com.