http://www.linkedin.com/jobs?trk=jobs_search_public_seo_page&jobId=5285963&viewJob=Vice President, Small Business Credit
Job Description
Lending Club is looking to hire an innovative, hands-on credit strategy leader who can help drive Lending Club’s entry into the Small Business Lending market and create a low friction, high value product for small business customers. The initial focus will be on smaller companies within the Small Business segment.
The VP of Small Business Credit will report to the Chief Risk Officer, and to begin with will not have a team. He or she will be responsible for developing the credit strategy & policy for Lending Club’s Small Business products, as well as helping to drive the implementation of new operations and technology to support Small Business customers. The successful candidate with have a passion for launching new products (rather than optimizing existing ones), and a willingness to pitch in and take on a broad range of tasks to drive the business forward. He or she will be expected to work with existing policies and systems were applicable, to achieve objectives as efficiently as possible.
•Create Small Business credit policy and strategy
•Create Small Business collections policy
•Identify data and technology resources required to effectively underwrite small business
•Work with technology and credit operations teams to implement credit policy, application funnel, underwriting process and collections operations
•Contribute to strategy and implementation of new Small Business products
•Assist in negotiation of Small Business partnerships and technology solutions
•Other hands-on work as required to launch Small Business products
Desired Skills & Experience Requirements
•8+ years credit policy experience
•Proven expertise in small business credit policy, with experience across the customer lifecycle from modeling to underwriting to servicing
•Understanding of small business banking/loan/credit market
• A hands-on, results-oriented approach to business with a ‘can-do’ attitude
•Detail oriented with strong analytical abilities and problem-solving skills
•Excellent oral and written communication, negotiation, and interpersonal skills with demonstrated ability to work effectively with business and technology leaders
•Must be self-directed, able to work independently, as well as work in a team-oriented and fast paced environment
Company Description
Lending Club utilizes technology and innovation to reduce the cost of traditional banking and offer borrowers better rates and investors better returns. Over $1.5 billion in personal loans have been issued through the Lending Club platform, which has more than doubled annual loan volume each year since launching in 2007. The Company has been prominently recognized as a leader for its growth and innovation, including being named one of Forbes’ America’s Most Promising Companies in 2011 and 2012, a 2012 World Economic Forum Technology Pioneer, and one of The World’s 10 Most Innovative Companies in Finance by Fast Company in 2013. Lending Club is based in San Francisco, California. More information is available at:
http://www.lendingclub.com.
Additional Information
Posted: April 23, 2013
Type: Full-time
Experience: Director
Functions: Finance
Industries: Financial Services
Job ID: 5285963
Author