Principal Product Manager
1 week ago
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
As a Principal Product Manager for LendingClub's Auto business, you will lead an empowered, cross-functional team to deliver meaningful value for our members while driving the strategic and financial outcomes of the Auto portfolio. You'll partner closely with engineering, design, data, credit, risk, operations, compliance, and marketing, as well as the Auto Business Leader, who serves as the GM for the business.
Together, you'll help advance LendingClub's mission to help members keep more of what they earn and improve their financial health.
What You'll Do
Product Strategy & Member Insights
- Define a clear product vision, strategy, and outcomes for your domain
- Use data, research, and experimentation to deeply understand member needs, pain points, and opportunities across the Auto journey
- Build and maintain a roadmap aligned to Auto business priorities and LendingClub's financial and operational goals
- Establish success metrics, track performance, and iterate based on results
Planning & Requirements
- Translate member and business needs into clear problem statements, PRDs, and acceptance criteria
- Partner closely with engineering to shape delivery plans and sequencing
- Ensure product requirements reflect LendingClub's credit, risk, compliance, and operational standards
- Align early and often with teams that support member experience and servicing
Delivery & Execution
- Own backlog prioritization and support sprint planning to keep teams focused on the highest-impact work
- Manage cross-team dependencies, surface risks, and drive resolution
- Keep stakeholders aligned on scope, timelines, and expected member value
- Maintain a strong connection between delivery decisions and intended outcomes
Launch & Readiness
- Define launch goals, readiness criteria, and success measures
- Coordinate cross-functional enablement across operations, servicing, risk, and marketing to ensure a seamless member experience
- Monitor post-launch performance and guide follow-up improvements
- Partner with the Auto Business Leader on prioritization, tradeoffs, business cases, and performance impact
- Communicate progress, risks, outcomes, and member value across LendingClub
- Represent your product area in business reviews, planning cycles, and executive forums
- 10+ years of product management experience, with demonstrated ownership of complex, cross-functional products
- Bachelor's degree in a related field; or equivalent work experience
- Member-first, grounding decisions in member needs, experience, and financial health
- Outcome-driven, measuring success by impact rather than output
- Discovery-led, validating assumptions early and using evidence to guide direction
- Cross-functional, with the ability to align teams across credit, risk, operations, and compliance
- Responsible and compliant, designing products with regulatory and operational rigor in mind
- Business-minded, connecting product decisions to Auto portfolio performance and LendingClub's mission
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 197,000-230,000. 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 interviewaccommodations@lendingclub.com.
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