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Sr Financial Risk Manager

LendingClub

Sr Financial Risk Manager

LendingClub

San Francisco, CA

·

On-site

·

Full-time

·

2w ago

Compensation

$156,000 - $183,000

Benefits & Perks

Healthcare

401(k)

Equity

Flexible Hours

Parental Leave

Healthcare

401k

Equity

Flexible Hours

Parental Leave

Required Skills

Financial Risk Management

Interest Rate Hedging

Stress Testing

CECL

Fair Value Accounting

Financial Modeling

SQL

Tableau

Current Employees of Lending Club: Please apply via your internal Workday Account

Lending Club Corporation (NYSE: LC) is the parent company of Lending Club 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 Financial Risk Manager plays a key role within the Risk Management function, providing independent review and effective challenge of the Bank’s liquidity, interest rate, valuation, and stress testing frameworks.

This role partners closely with Corporate Treasury and Controller teams to ensure strong oversight, robust controls, and forward-looking risk insights that support sound financial risk management across the Bank.

What You'll Do

  • Provide independent oversight and challenge of the Bank’s liquidity and interest rate risk exposures
  • Review methodology changes impacting risk quantification and ensure appropriate governance and documentation
  • Assess key assumptions within treasury risk management processes, including hedging and securitization programs
  • Oversee aspects of the securitization program, including ABS valuation approaches, regulatory capital treatment, performance monitoring, and policy compliance
  • Support the development and enhancement of preventive and detective controls, including early warning indicators and risk monitoring frameworks
  • Develop quantitative support for financial risk limits and key risk metrics
  • Coordinate financial risk governance processes, including ALCO and other risk committee materials, policy updates, and risk appetite refreshes
  • Ensure timely and accurate financial risk reporting to senior management, Board committees, and regulators
  • Support regulatory exams and supervisory engagement
  • Identify emerging risks and provide forward-looking, actionable insights to leadership
  • Partner cross-functionally to evaluate new initiatives and assess financial risk implications

About You

  • 6 years of progressive experience in financial services, with background in first-line treasury ALM or second-line market and liquidity risk oversight
  • Strong working knowledge of interest rate hedging, capital stress testing, CECL, and fair value accounting
  • Strong analytical and quantitative skills with the ability to synthesize complex information into clear insights
  • Experience developing or reviewing financial risk models and key risk metrics
  • Proficiency in financial modeling, SQL, and data visualization tools such as Tableau
  • Strong written and verbal communication skills with the ability to present to senior stakeholders
  • Collaborative, solutions-oriented mindset with sound judgment and attention to detail
  • Bachelor’s degree in a quantitative discipline; or equivalent work experience

Work Location

San Francisco

The above locations are eligible offices for this role. The locations have been determined to foster in-person collaboration with this role’s team or the related business lines. We utilize a hybrid work model, and our teams are in-office Tuesdays, Wednesdays, and Thursdays. In-person attendance is essential for this role’s success, and remote placement will not be considered. Lending Club offers relocation, based on actual job level.

Time Zone Requirements

Primarily PT

While the position will primarily work local hours, Lending Club is headquartered in Pacific Time and our ideal candidate will be flexible working across time zones when necessary.

Travel Requirements

As needed travel to Lending Club offices and/or other locations, as needed.

Compensation

The target base salary range for this position is 156,000-183,000. The base salary of the role will be determined by job-related knowledge, experience, education, skills, and location. Base salary is just one part of Lending Club’s Total Rewards package. You may also be eligible for long-term awards (equity) and an annual bonus (which is based on company performance, employee performance and eligible earnings).

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.

Lending Club 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 interviewaccommodationslendingclub.com.

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About LendingClub

LendingClub

Financial services company.

501-1,000

Employees

San Francisco

Headquarters

Reviews

3.5

1 reviews

Work Life Balance

3.0

Compensation

3.0

Culture

2.5

Career

2.0

Management

3.0

25%

Recommend to a Friend

Cons

Company reputation/brand perception issues

Not considered top-tier fintech

Grouped with lower-quality competitors

Salary Ranges

523 data points

Mid/L4

Senior/L5

Director

Mid/L4 · Risk Analyst, Loss Forecasting

1 reports

$106,950

total / year

Base

$93,000

Stock

-

Bonus

-

$106,950

$106,950

Interview Experience

1 interviews

Difficulty

3.0

/ 5

Duration

21-35 weeks

Interview Process

1

Application Review

2

HR Screen

3

Hiring Manager Interview

4

Technical Assessment

5

Panel Interview

6

Offer

Common Questions

Technical Knowledge

Behavioral/STAR

Past Experience

Case Study

Risk Assessment