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TITLE

 

Senior Accountant

COMPANY

 

Lending Club

LOCATION

 

San Francisco, CA, US

Description

LendingClub (NYSE: LC) was founded in 2007 under the belief that a technology and data-driven marketplace can improve the way people access and invest in credit, creating value for both sides. Since then, we've helped millions of Americans take control of their debt, pursue their dreams, and invest in their future – all in a fair, transparent, and affordable way. Today we’re the world’s largest online credit marketplace, facilitating billions of dollars in loans annually, and we’re leading the governance of a new industry by developing ethical, responsible ways to bring greater value and better opportunities to our members. Everyone deserves a better financial future and our team is committed to making that a reality.

 

 

 

About the Role

 

• Run the discounted cash flow models for the estimation of fair value of loans, securities issued, loan servicing assets/liabilities and other instruments.
• Assist in the maintenance and implementation of recurring updates to our valuation models, and ensure any changes are analyzed and documented.
• Execute monthly accounting close procedures and deliverables including journal entry preparation, balance sheet reconciliations and fluctuation analysis over key accounts.
• Prepare journal entries to record the monthly activity produced from the fair value models, other revenue streams, receivables and subsequent cash receipt.
• Prepare journal entries to record securitization and club certificate asset backed transactions.
• Proactively review current procedures and seek ways to improve processes to reduce monthly time to close, accuracy of accounting entries, and operational efficiency
• Collaborate with business partners to ensure compliance with corporate accounting policies, procedures, and controls
• Assist with SEC reporting footnote preparation, respond to audit requests, and complete ad-hoc projects as necessary.

 

 

What You'll Do

 

  • You have a positive attitude, willingness to learn, and effective communication skills
  • You have a desire to grow with the organization and take on increased responsibility as earned
  • You are self-motivated, analytical and a strong problem solver
  • You have earned a Bachelor’s degree in Accounting or Finance or have equivalent industry experience
  • You have 2-4 years of applied experience, with general knowledge of accounting and reporting of financial instruments

 

 

 

About You

 

  • CPA license or currently pursuing a CPA license
  • Working knowledge of relational databases and SQL
  • Big 4 audit experience with exemplary performance
  • Experience within financial services industry, ideally with direct experience with lending

 


LendingClub is an equal opportunity employer and dedicated to diversity and inclusion in the workplace. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender identity, sexual orientation, age, marital status, pregnancy status, veteran status, or disability status. We believe that a variety of perspectives will make our teams and business stronger as we work together to transform the traditional banking system​.

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