What are the responsibilities and job description for the SBL Portfolio Manager position at LendingClub?
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 looking for an SBL Portfolio Manager to join the team. In this role, you'll manage and service a portfolio of commercial C&I and real estate loans, ensuring strong credit performance, regulatory compliance, and effective risk management. This role combines deep loan analysis, borrower engagement, and operational execution, including portfolio reviews, servicing actions, and workout strategies.
What You'll Do
About You
Remote
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
Local hours (PT, MT, ET)
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 000,000-000,000. 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.
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.
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 looking for an SBL Portfolio Manager to join the team. In this role, you'll manage and service a portfolio of commercial C&I and real estate loans, ensuring strong credit performance, regulatory compliance, and effective risk management. This role combines deep loan analysis, borrower engagement, and operational execution, including portfolio reviews, servicing actions, and workout strategies.
What You'll Do
- Perform in-depth quarterly and annual loan monitoring across the portfolio
- Conduct borrower research and financial analysis; gather data, evaluate performance, and support risk assessments
- Create reports, charts, and dashboards to communicate portfolio insights and trends
- Analyze complex loans using financial statements, credit documents, and supporting materials
- Audit loan files and complete post-close reviews to ensure SBA and bank compliance
- Prepare documentation and support internal and external audits
- Evaluate cash flow, economic conditions, and industry factors to assess risk and forecast performance
- Respond to servicing inquiries and submit recommendations for servicing actions
- Execute loan payment collection efforts and follow up on delinquencies
- Lead or contribute to group projects; mentor junior analysts and provide guidance
- Support and execute loan workout strategies, including for non-performing assetskat to add
About You
- 5 years of experience in commercial loan servicing, portfolio management, loan operations, or collections
- Strong financial analysis and cash flow modeling skills
- Experience with C&I and real estate loans; familiarity with SBA programs
- Working knowledge of loan documentation, compliance standards, and regulatory requirements
- Experience with loan workouts, restructurings, or special assets
- Strong understanding of legal processes related to non-performing loans and liquidation
- Proficient in financial systems and tools (e.g., bank platforms, PCFS, Loan Manager, SBA Portal, Excel)
- Excellent communication skills, both written and verbal
- Strong customer focus with the ability to manage borrower relationships effectively
- Able to work independently and manage multiple priorities in a fast-paced environment
- Comfortable leveraging AI-enabled tools to improve efficiency and quality
- Direct experience with SBA loan programs
- Background in special assets or distressed portfolio management
- Experience leading projects or mentoring team members
Remote
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
Local hours (PT, MT, ET)
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 000,000-000,000. 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.
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.