LendingClub · 8 hours ago
Director, Credit Strategy & Pricing - Home Improvement
San Francisco, CA
Full-time
Hybrid
Senior Level, Lead/Staff
$210K/yr - $245K/yr
10+ years expLendingClub is a leading digital marketplace bank in the U.S. seeking a Director of Credit Strategy and Pricing for their Home Improvement segment. This role involves leading the credit risk management and pricing strategy, developing credit policies, and collaborating with cross-functional teams to optimize lending performance.
Consumer LendingCreditFinanceFinancial ServicesFinTechLendingPeer to PeerPersonal Finance
Hiring Manager
Kat Greco
Responsibilities
Lead credit risk management & pricing strategy for a key unsecured lending personal loan segment within the Consumer Banking business at Lending Club
Develop and optimize credit policies, underwriting criteria, exposure management and pricing strategy in addition to segmentation, vintage loss forecasting and vintage valuations
Collaborate with cross-functional partners in the development of, and delivery against annual operating and strategic plans
Generate loan issuance that delivers durable risk-adjusted returns for both marketplace investors and LC Bank held-for-investment assets. Deliver loan issuance volume consistent with the business plan and credit profile within risk appetite
Lead the ideation and development of leading-edge predictive models, grading systems, segmentation, predictive analytic methodologies and experimentation to compete along a dynamic and optimal risk-return frontier
Have a passion for finding data-driven insights to identify optimization and continuous learning opportunities within credit performance and pricing
Ensure agile implementation of credit strategy changes with rigorous production testing and robust preventive & detective controls
Formulate and actively maintain credit policy practices and standard operating procedure manuals, ensuring consistency with bank guidelines and regulations
Provide thought leadership and partner with cross-functional groups (Product, Business, Engineering and Data Science) to drive white space innovation & new product development initiatives
Manage the development of monitoring systems and robust early warning and performance monitoring mechanisms. Ensure monitoring is in place, including processes for management of credit and operational risk in accordance with Company and regulatory standards
Direct timely and accurate completion of all Credit Committee, Board and regulatory reporting from a credit risk perspective
Manage a high-performing team of managers and analysts in fostering a dynamic, inclusive, learning culture
Qualification
Required
10+ years' experience in financial services, credit risk management, predictive analytics or strategy consulting
2+ years of experience leading and mentoring teams
Bachelor's degree in Statistics, Finance, Economics or a related quantitative discipline; advanced degree preferred; or equivalent work experience
Proficiency in SQL, Python, and Tableau, along with strong familiarity with Advanced Analytics techniques and Credit/ML Models with focus on consumer credit products
Deep domain knowledge in unsecured lending (preferably point of sale lending) or credit cards with a keen understanding of commercial value drivers
Demonstrated experience across origination channels with expertise in policy development, pricing optimization and portfolio analytics
Effective collaborator, negotiator and team player with a versatile interpersonal style
Keen attention to detail, results-orientation and strategic mindset
Preferred
Advanced degree
Benefits
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
Company
LendingClub
Since our founding in 2007, we have transformed the banking industry by bringing a traditional credit product - the installment loan - online and we’ve been on the fast track ever since.
1001-5000 employees
H1B Sponsorship
LendingClub has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2023 (3)
2022 (26)
2021 (19)
2020 (106)
Funding
Current Stage
Public CompanyTotal Funding
$392.23MKey Investors
Kleiner PerkinsUnion Square VenturesFoundation Capital
2017-04-09Post Ipo Equity
2014-12-11IPO
2014-08-22Series Unknown
Leadership Team
Scott Sanborn
Chief Executive Officer
Drew LaBenne
Chief Financial Officer
Recent News
p2p-banking.com
2025-12-24
2025-11-24
Company data provided by crunchbase