Since 2007, LendingClub (NYSE: LC) has reimagined banking to give our more than five million members the credit and savings they deserve. We build lifetime relationships through an integrated set of smart, simple, mobile-first financial solutions that are tailored to our members’ specific needs. LendingClub’s capital-light business model is structurally different, combining durable interest income from our bank balance sheet with revenue and scale from loan sales to third-party investors. This earnings flywheel delivers durable financial results while also allowing us to relentlessly reward our members. Credit is key to our success and our long track record of credit outperformance is enabled by AI-powered underwriting models informed by over 150 billion cells of proprietary data derived from tens of millions of repayment events through numerous economic cycles. Taken together, our unique model, decades of credit insight, innovative products, engaging experience, exceptional service, and experienced team deliver consistently great outcomes for borrowers, loan investors, and shareholders alike – and we’re just getting started.
LendingClub is the parent company of LendingClub Bank, National Association, Member FDIC. For more information about LendingClub, visit https://www.lendingclub.com.
San Francisco
… strategies from every corner of the company are communicated transparently and consistently. For example, biweekly town halls connect the dots strategically and tactically and are led by CEO Scott Sanborn and other executive leaders. LC also offers a lot of cross-functional growth opportunities for employees, along with career maps that will help them lead a successful future at LC and beyond. LC also offers employees exposure and access to leaders within the company to enable them to build relationships and further boost opportunities for career and personal growth.
…we are continuously seeking individuals who are passionate about making a difference in people’s lives, particularly on their paths to financial stability. It’s easy to align company values with employee values when you both are striving towards the same goal, while also learning to embrace different perspectives and values based on different backgrounds, experiences and personalities.
… fostering an environment where people of all backgrounds and experiences are welcomed and respected. Leading by example, Scott ensures our company values are evident across employee involvement, hiring processes, development practices, and inclusive benefits. Scott also makes himself available to employees at all levels of the company as a resource and mentor, and leads the biweekly town halls with personality and investment.
… ensuring there is no “typical” LendingClub employee. We encourage everyone to use their voices and express their opinions by providing employee resources groups supporting women, LGBTQ+, Black, Asian, Latinx, Jewish, parent, and veteran team members that offer more ways to feel connected within our LendingClub community. We also have an immigration program, conduct diversity training, promote open collaboration around core company values, develop diversity statements and have above-industry-average stats when it comes to having an inclusive work culture.
… rallying around a centralized, company-wide mission and utilizing common platforms that streamline workflows and foster transparency. The LendingClub mission of helping everyday Americans achieve financial health touches every single work function, from technical products to customer service to executive administration. Fintech companies aren’t always known for being mission-driven, but LC walks the walk through a combination of industry-leading practices, a unique business model and a dedicated employee base. LC also ensures clear, organization-wide communication by hyper-focusing on two main platforms, to which all employees are held accountable.
…a wellness program that gives employees the opportunity to earn up to $75 per paycheck for living a healthy lifestyle. LendingClub does not track PTO for salaried employees and generous vacation for hourly team members, because we all know when we need time off! LC also features a variety of unique in-office perks that include an onsite gym, locker room, bike room and fitness classes, a café with an in-house barista, free snacks and beverages, catered lunch twice a week and comfortable, high-tech office spaces.