Digital Lending Innovation Lead

LendingClub

San Francisco, Northern (CA, KY)

Hybrid

USD 135,000 - 159,000

Full time

14 days+

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Benefits offered by this job

Medical, dental and vision plans

401(k) match

Flexible time off

Up to 16 weeks paid parental leave

Job summary

Happen Bank in San Francisco (formerly LendingClub) seeks a Financial Innovation Manager for Consumer Lending to shape next-gen products from concept to market. You will design a fast, low-doc digital origination experience and test loan variants to grow demand.

You will drive product development lifecycle with cross-functional teams to define metrics, pilots, pricing, and governance, using data and AI to accelerate research while upholding fair lending standards.

Qualifications

3+ years of experience in consumer or small business lending, fintech, or financial services product and strategy.
A track record of bringing digital, direct-to-consumer lending products to market and growing them, ideally installment or term loans originated fully online.
Direct experience in small business lending, especially with owner-operated and sole-proprietor borrowers.
Hands-on with cash-flow underwriting from bank transaction data, a solid grasp of credit risk fundamentals, and comfort turning data into decisions with tools like SQL and Excel.
Comfortable running a product across its full lifecycle, from customer insight and business case to experimentation, measurement against a control, and a clear go or no-go.
Working knowledge of the rules that shape lending, including fair lending, TILA, ECOA, and consumer-protection and data-privacy requirements.
Familiarity with loan origination systems (LOS), open-banking and bank-data providers, and fraud, decisioning, or servicing platforms.
You execute independently on scoped work, use sound judgment on credit, fraud, and compliance tradeoffs, and communicate clearly with stakeholders.
You actively look for ways AI can speed up research, analysis, and drafting, and you understand how AI and ML models interact with credit decisions, including their limits, staying skeptical of outputs you can't explain

Responsibilities

Drive new lending products through the product development lifecycle (PDLC), from strategy and business case to a member-first pilot in the small-dollar range
Design a fast, low-doc digital origination experience from application to funding, and improve the conversion and pull-through that turns eligible members into funded loans
Partner with Credit and Risk to combine permissioned cash-flow data, credit, identity, and fraud signals into a low-friction, low-doc credit decision
Design fit-for-purpose decisioning paths for new or underserved segments, with the right identity, verification, and approval waterfall
Design and test new personal loan variants and promotions that meet broader customer needs and grow demand from new and existing members
Define the metrics that matter, from approval and conversion to funding speed, losses, member experience, and unit economics, and use experimentation against a control to decide what scales
Develop the business case, pricing, and product economics, set the pilot gates that must clear before scaling, and monitor early portfolio performance
Run diligence on the vendor and platform stack and coordinate delivery across Product, Engineering, Legal, Compliance, Operations, and Finance, using AI to speed up research, analysis, and drafting while keeping fair lending, compliance, and human judgment central to lending decisions