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Sr Product Manager, Embedded Lending
full-time•San Francisco•$176k - $207k
About this role
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. 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
Make financing a growth lever for merchants.LendingClub puts customers at the center of everything we do. Our Purchase Finance team builds the embedded lending experiences that power affordable, transparent financing for merchants and their customers. Think: seamless origination, smart risk decisions, and delightful UX — all at scale in a regulated environment.
We operate like a startup within a fintech: fast, outcomes‑driven, and deeply collaborative with engineering, design, data science, risk, compliance, and go‑to‑market. If you love owning zero‑to‑one and one‑to‑n, this is for you.
What You'll Do
- Own the origination funnel end‑to‑end. Redesign and optimize our lending application flows (web, mobile, API) to improve conversion, approval rates, and time‑to‑decision while meeting compliance and risk standards
- Ship an ROI‑driven roadmap. Prioritize outcomes, define success metrics/OKRs, and lead execution from concept and discovery through launch and iteration
- Level‑up merchant engagement. Drive rollout of a modern sales CRM and tooling (e.g., Salesforce) across field sales and insights teams; deprecate legacy apps with clear migration plans
- Strengthen credit & fraud performance. Partner with data science, risk, and compliance to introduce verification orchestration (KYC/KYB), fraud signals, and underwriting features that reduce losses and friction
- Obsess over the customer journey. Map current‑state merchant and borrower experiences; define future‑state flows, use cases, and acceptance criteria with strong UX sensibility
- Integrate with strategic partners. Lead API‑first integrations with merchant platforms and third‑party providers; ensure reliability, observability, and a great developer experience
- Instrument and experiment. Ensure clean event tagging, build dashboards, run A/B tests, and turn insights into shipped improvements
- Evolve the platform. Partner with engineering on platform enhancements, tech modernization, and process upgrades that improve quality, throughput, and compliance posture
About You
- 6+ years of product management experience; background in fintech and lending preferred
- Bachelor's degree in a related field; or equivalent work experience
- Proven owner/operator who can break down complex problems, explore solutions, and ship value quickly in a regulated environment
- Excellent communicator and stakeholder influencer across engineering, design, data science, risk, compliance, and sales
- Deep customer empathy for both merchants and borrowers; strong product discovery chops (qual/quant research, prototyping, usability testing)
- Analytical athlete: comfortable with metrics/OKRs, funnels, A/B testing, and pulling your own data (SQL/Looker/Amplitude or similar)
- Familiar with origination, underwriting, KYC/KYB, fraud and the trade‑offs between growth, experience, and risk
- Experience leading API‑driven partner integrations and platform migrations
- Bonus: Knowledge of the Home Improvement industry or other merchant
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. LendingClub offers relocation, based on actual job level.
Time Zone Requirements
Primarily PT
While the position will primarily work local hours, LendingClub is headquartered in Pacific Time and our ideal candidate will be flexible working across time zones when necessary.
Travel Requirements
As needed travel to LendingClub offices and/or other locations, as needed.
Compensation
The target base salary range for this position is 176,000-207,000. 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 LendingClub’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.
#LI-Hybrid
#LI-BC1
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 [email protected].
What you'll do
- Own the origination funnel end-to-end and redesign lending application flows to improve conversion and approval rates. Collaborate with various teams to enhance credit and fraud performance while obsessing over the customer journey.
About LendingClub
Since our founding in 2007, we have transformed the banking industry by bringing a traditional credit product - the installment loan - online and we’ve been on the fast track ever since. We are one of the first fintechs to acquire a national bank charter, which has transformed our business economics and introduced all new capabilities, and now others are following our lead, validating the strength of our model. We are one of America’s largest providers of unsecured personal loans, originating more than $100 billion in loans to our more than 5 million high-FICO, high-income members and helping them save millions on their cost of credit. And we’re just getting started.
A Culture that Delivers
Impact: We’re tackling big problems, but we’re a small enough organization for each individual to make a real difference
People: We’re a group of smart, kind, low-ego, and values-driven people from a wide variety of industries and backgrounds who are committed to our mission
Ideas: We seek out the best ideas – no matter where they come from – to look beyond what is possible today
Values: It’s not just what you accomplish, it’s also how you accomplish it that matters
Member FDIC
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Frequently Asked Questions
What does LendingClub pay for a Sr Product Manager, Embedded Lending?
LendingClub offers a competitive compensation package for the Sr Product Manager, Embedded Lending role. The salary range is USD 176k - 207k per year. Apply through Clera to learn more about the full compensation details.
What does a Sr Product Manager, Embedded Lending do at LendingClub?
As a Sr Product Manager, Embedded Lending at LendingClub, you will: own the origination funnel end-to-end and redesign lending application flows to improve conversion and approval rates. Collaborate with various teams to enhance credit and fraud performance while obsessing over the customer journey..
Is the Sr Product Manager, Embedded Lending position at LendingClub remote?
The Sr Product Manager, Embedded Lending position at LendingClub is based in San Francisco, United States. Contact the company through Clera for specific work arrangement details.
How do I apply for the Sr Product Manager, Embedded Lending position at LendingClub?
You can apply for the Sr Product Manager, Embedded Lending position at LendingClubdirectly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process.