Steve Allocca — President at LendingClub | Comparably
LendingClub Claimed Company
To create an alternative to banks that offers both borrowers and investors a great rate. read more
EMPLOYEE
PARTICIPANTS
104
TOTAL
RATINGS
1057
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Steve Allocca — President at LendingClub

Steve Allocca — President at LendingClub

Executive Bio

Mr. Steve Allocca has been President at LendingClub Corporation since May 22, 2017. Mr. Allocca serves as Chief Executive Officer of Loan Science, LLC. He served as Chief Operating Officer of Education Finance Partners, Inc. since March 20, 2008. He led PayPal's credit division and credit products, driving both the consumer and business lending experiences globally. He also launched new mobile-first products and features including Easy Payments, developed pivotal new capabilities in data and risk and substantially strengthened the control environment Mr. Allocca spent 11 years at Wells Fargo, as the Head of Wells Fargo's $8 billion Personal Credit Division. He had P&L responsibility for a number of Wells Fargo's lending businesses. His other roles at Wells Fargo included leading customer and deposit acquisition, leading Regional Bank marketing for the largest Group of Regions and a number of leadership positions in the Card Services division. He has more than 20 years experience in the consumer credit industry, including risk management experience with two top-10 credit card issuers. He holds a BA in Economics from Washington & Lee University, where he graduated cum laude and has an MBA from the Kellogg School of Management at Northwestern University

Executive Team Culture Ratings from LendingClub Employees

BOTTOM
30%
LendingClub's Executive Team scores in the Bottom 30%
of similar sized companies on Comparably
Who ranks the Executive Team the highest?
Experience - 3 to 6 Years 80/100
Gender - Female 76/100
Department - All Industries 75/100
Who ranks the Executive Team the lowest?
Tenure - 2 to 5 Years 26/100
Department - Product 28/100
Ethnicity - Other 32/100

LendingClub's Executive Team at a Glance

Based on 55 ratings, LendingClub's employees are less satisfied with their Executive Team and give them a ā€œC-ā€ or 58/100. On average, Women provided higher ratings for their Executive Team compared to Men. Also, the All Industries department thinks more highly of the Executive Team relative to the Product department.

LendingClub's Executive Team ranks in the Bottom 20% of other companies in San Francisco and Bottom 30% of other companies on Comparably that also have 501-1,000 Employees.

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