Compensation Manager

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

We are seeking a Compensation Manager to help us attract, retain, and motivate the best talent by providing analysis, consultation, and insight into compensation-related matters. In this role, you will work cross-functionally and partner closely with leaders to plan, develop, implement, communicate, and administer compensation programs that support LendingClub’s overall strategy. Your work will span day-to-day administration, benchmarking, short- and long-term incentives, survey analysis, compensation processes, and more. You will report directly to the SVP, Total Rewards & People Operations.

What You'll Do

• Support the day-to-day administration of compensation programs, including requisition approvals, offer approvals, job matching, and related activities
• Serve as a subject matter expert for critical compensation programs and processes such as bi-annual compensation cycles, pay equity analysis, compensation guidelines, job families and annual salary reviews
• Lead efforts in compensation survey participation, annual benchmarking, and market research reviews
• Partner with HR and business leaders on ad-hoc studies, projects, and analysis
• Apply expertise in quantitative analysis to measure and track key metrics, helping inform and guide business decisions
• Facilitate the administration of incentive compensation reviews and payment processes
• Drive self-service and automation opportunities within compensation processes

About You

• 4+ years of experience in compensation or HR
• Bachelor's degree in Economics, Finance, Statistics, Mathematics, HR, Business or related discipline; or equivalent work experience
• Strong knowledge of compensation fundamentals including job evaluation, market pricing, equity mechanics, bonus/incentive and commission administration, pay structures, pay ranges, compensation analysis, testing, auditing, and reporting
• Excellent verbal, written, and interpersonal communication skills
• Proven ability to manage multiple priorities, meet deadlines, and maintain high attention to detail
• Self-motivated, organized, and detail-oriented
• Strong analytical and quantitative skills with the ability to interpret data and build meaningful models, reports, and metrics
• Proficiency with Workday, Excel, and PowerPoint

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 125,000-150,000. 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