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Manager, Member Recovery

LendingClub

Manager, Member Recovery

LendingClub

Lehi, UT

·

On-site

·

Full-time

·

1w ago

Compensation

$92,000 - $115,000

Benefits & Perks

Healthcare

401(k)

Equity

Flexible Hours

Parental Leave

Healthcare

401k

Equity

Flexible Hours

Parental Leave

Required Skills

Collections Management

Leadership

Regulatory Compliance

Team Management

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

Here at Lending Club, we take pride in helping our customers through our ethos of service: Lending Care. As leaders in the market, we seek individuals who are excited about their career, inspired by our vision and embody our values. In this role, you’ll have the opportunity to empower our frontline by helping them provide best in class service through three simple principles:
“Build a Relationship, Make it Easy, and Think Ahead”

We are looking for an experienced person who can simultaneously think strategically about collections activities across key internal functions, while also inspiring business performance and strategic execution at a team and associate level. This is a management role with several direct reports who in turn lead teams of 10-15 Associates.

What You'll Do

  • Manage the performance of Member Recovery staff performing collections in a pre-charge environment in multiple contact channels (phones, chat, text)

  • Work with internal partners to execute new collections strategies to drive efficiency and effectiveness for our consumer loans business

  • Simultaneously inspiring team performance, developing your leaders and driving legal/regulatory adherence for our collections team

  • Work closely with Legal, Compliance, Audit, and other partners to lead initiatives resulting from the changing regulatory environment and/or audit needs

  • Consult on other strategic initiatives as required by the business

  • Over the longer term, the scope of this role will expand to support multiple business units and product lines

About You

  • 5-10 years of experience in a leadership role of progressive responsibility

  • Deep experience in collections on both strategic and operational levels; staff management preferred

  • Experience managing in a highly regulated line of business while adhering to legal/regulatory framework governing collections activities including TCPA, FDCPA, and UDAAP

  • Experience defining and implementing metrics and/or adjusting current metrics based on business demands/needs

  • A professional, helpful, and friendly attitude coupled with the ability to listen, teach, and elicit information efficiently - we work in a team-oriented environment

  • A strong problem solver and collaborator with an interest in making the business better for customers and team members

  • Ability to work effectively and efficiently across multiple org levels.

  • Excellent writing, email, phone and organization skills

  • Strong verbal communication skills coupled with strong computer skills (Excel and Tableau experience is a plus)

  • BS/BA degree, MBA preferred

Work Location Lehi, Utah

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 MT:

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

Compensation:

The target base salary range for this position is 92,000-115,000. 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 interviewaccommodations@lendingclub.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

Mid/L4 · Data Engineer

1 reports

$225,152

total / year

Base

$173,040

Stock

-

Bonus

-

$225,152

$225,152

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