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

The Sr Risk Analyst, Loss Forecasting will be an organized and motivated team player with a strong sense of ownership. As a key member of the credit risk management team, you will be responsible for creating and tracking appropriate KPIs, developing and maintaining forecasting frameworks and processes, and serve as an active stakeholder in credit reviews. You will develop and maintain forecasting, CECL and Stress Testing models for LendingClub’s products and will be expected to find opportunities to enhance and automate existing processes.

What You'll Do

• Collect and analyze data to identify credit risk (delinquency, roll rate, charge-off and prepayment) trends and drive insights to further strengthen loss forecasting analytics
• Craft dashboards to track KPIs around portfolio performance, including deep diving into credit strategies and their impact on it.
• Develop and maintain loss and prepayment forecasting processes for every consumer product LendingClub offers
• Extend analytical support to advance LendingClub’s collections strategy and build forecasting frameworks for key collections KPI’s
• Use analytical techniques to mine loan characteristics/performance data to extract valuable insights for the business.
• Use data visualization techniques to develop relevant reports for Senior Management.
• Track industry environment and competitor landscape to support the business.
• Correlate Macro-Economic conditions with LendingClub’s internal loan performance to support recession readiness and long run planning.
• Leverage forecasting outputs in the monthly allowance process (CECL) and identify areas where qualitative adjustment is needed
• Support planning and budgeting exercises within the company by leveraging forecasting assumptions and outputs
• Work closely with key partners to ensure forecast and allowance assumptions are accurate

About You

• 2+ years of experience in credit, analytics, risk management, data science, or information management
• Bachelor's or master's degree with quantitative background (e.g. Statistics, Math, Engineering, Economics)
• Strong 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 including ability to communicate project scope in documentation and presentation format.
• Experience in the Financial / FinTech industry is a plus.
• Previous experience with loss forecasting and collections analytics, allowance and stress testing is a plus.

Work Location

San Francisco

We are currently working a hybrid schedule and our teams are in-office Tuesdays, Wednesdays and Thursdays.

Time Zone Requirements

Primarily PT

Travel Requirements

If you need to travel for work, LendingClub will cover your travel related expenses.

Compensation

The target base salary range for this position is 103,000-120,000. The position is also eligible to receive a bonus (which is based on company performance, employee performance and eligible earnings), equity, and benefits. Our salary ranges, other compensation and benefits offered are determined by role, experience level and location.

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 [email protected].