VP, Point of Sale Financing

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 Purchase Finance (Patient Solutions) business provides simple, budget friendly plans to help people looking to finance elective dental and medical procedures. In addition, we also help parents meet their child's educational needs. As the General Manager for the Purchase Finance business, this leader will set the business line strategy, construct long-term plans and be accountable for driving growth profitably.

What You'll Do

• Manage profit & loss and product line strategy; create top-down lending growth and profitability targets
• 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
• Manage the application funnel to provide a seamless merchant / borrower experience, reduce friction points in the verification process and maximize pull through
• 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

Work Location San Francisco or Lehi We are currently working a hybrid schedule and our teams are in-office Tuesdays, Wednesdays, and Thursdays.

Time Zone Requirements Local hours (PT, MT)

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 240,000-270,000. 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.

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.