LendingClub

Financial Analyst, Technology & Finance

Posted on: 15 Feb 2021

San Francisco, CA

Job Description

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, and the only full-spectrum fintech marketplace bank. Members can gain access to a broad range of financial products and services through a technology-driven platform, designed to help them pay less when borrowing and earn more when saving. Since 2007, more than 3 million members have joined the Club to help reach their financial goals. Were leading the governance of a new industry by developing ethical, responsible ways to bring greater value and better opportunities to our members. Everyone deserves a better financial future and our team is committed to making that a reality. Come join us!


About the Role

This role offers an exciting opportunity to join a fast-paced, fun, talented and growing FP&A organization and will be a pivotal part of our transformation in becoming the first digitally native marketplace bank. We are looking for a top-notch finance professional to lead financial and strategic decision support for the Technology & Finance Functions. This position will report to the Director of Finance and lead all financial analytics, planning, and reporting. S/he will drive decision support and employ technical acumen to automate reporting and drive continue improvement. The best fit for this role is someone who is detail oriented, analytically minded, interested in Technology, and an excellent communicator who enjoys collaborating with people who possess a diverse set of talents.



What You'll Do

* Challenge status quo to drive insights and continuous improvement.

* Partner with the Technology team to forecast, plan, and report business activity and drivers.

* Partner closely with accounting to ensure financial reporting accuracy and future financial implications of strategic decisions.

* Develop metrics-based approach to Technology expense management in concert with Leadership team for all key operating activities.

* Manage and identify operational efficiencies to existing infrastructure (e.g., procurement process, budgeting tools).

* Develop and maintain robust understanding of Technology business drivers, capex, metrics and scalability levers that drive both forecast and planning decisions.

* Collaborate with Recruiting and HR to drive headcount forecast.

* Present analyses and forecasts to senior business and finance leaders.

* Own the financial forecast for the departments of the CFO leadership team and maintain a high level of forecast accuracy, strong business partnership, and monthly actual vs forecast reviews



About You

Minimal requirements:

* 0-3+ years of relevant experience

* Bachelors degree in a quantitative field

* Ability to make strategic business recommendations, often in ambiguous situations

* Demonstrate problem-solving, quantitative, and analytical skills; strategic and critical thinking

* Self-directed, able to work independently, as well as work in a collaborative and fast-paced environment. Intellectually curious yet reliable

* Possess strong cross-functional experience in finance, accounting, business operations and technology

* Have a proven track record of success in prior roles

* Ability to work on multiple projects at a time, and maintain a consistently high level of attention and while producing consistently high-quality work products; Able to prioritize and find creative solutions

* Advanced Excel and PowerPoint knowledge and aptitude for systems and data extraction

Preferences (nice to haves):

* Experience supporting a growing technology or financial services organization

* Prior experience working with a planning and reporting tools (Host Analytics, Anaplan, Tableau, Fusion etc.).

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.

LendingClub

San Francisco, CA

LendingClub is a US peer-to-peer lending company, headquartered in San Francisco, California. It was the first peer-to-peer lender to register its offerings as securities with the Securities and Exchange Commission (SEC), and to offer loan trading on a secondary market. LendingClub is the world's largest peer-to-peer lending platform. The company claims that $15.98 billion in loans had been originated through its platform up to December 31, 2015.

LendingClub enables borrowers to create unsecured personal loans between $1,000 and $40,000. The standard loan period is three years. Investors can search and browse the loan listings on LendingClub website and select loans that they want to invest in based on the information supplied about the borrower, amount of loan, loan grade, and loan purpose. Investors make money from interest. LendingClub makes money by charging borrowers an origination fee and investors a service fee.

LendingClub also makes traditional direct to consumer loans, including automobile refinance transactions, through WebBank, an FDIC-insured, state-chartered industrial bank that is headquartered in Salt Lake City Utah. The loans are not funded by investors but are assigned to other financial institutions.

The company raised $1 billion in what became the largest technology IPO of 2014 in the United States. Though viewed as a pioneer in the fintech industry and one of the largest such firms, LendingClub experienced problems in early 2016, with difficulties in attracting investors, a scandal over some of the firm's loans and concerns by the board over CEO Renaud Laplanche's disclosures leading to a large drop in its share price and Laplanche's resignation.

 

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