Commercial Partnerships Associate at Lendtable

London, England, United Kingdom

Lendtable Logo
Not SpecifiedCompensation
Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, Consumer FinanceIndustries

Requirements

  • 2-3+ years’ experience in a commercial, consultancy, partnerships, business development, or account management role; ideally within financial services or a high-growth tech environment
  • Demonstrated success in managing, growing, and optimising commercial relationships

Responsibilities

  • Manage comparison site partner onboarding, analysis, and improvement, optimising for volume, cost, and credit quality as volumes ramp up
  • Manage partner relationships across strategic and day-to-day activity to sustainably grow lending volumes, balancing large strategic partners with incubating new ideas
  • Prepare analyses to pull out key insights for decision-making on partnerships
  • Combine quantitative and qualitative judgements to triage ideas and strategies, focusing on key levers for growth
  • Negotiate customer acquisition costs and commissions with key partners, identifying areas for cost optimisations
  • Own full responsibility for strategy and execution of specific partner projects, marketing efforts, or product enhancements that deliver business growth
  • Collaborate cross-functionally with Product, Data, and Credit teams
  • Drive day-to-day commercial and product initiatives with significant autonomy

Skills

Data Analysis
Partner Management
Commercial Strategy
Cross-Functional Collaboration
Performance Optimization
Price Comparison Websites
Whitelabel Partners

Lendtable

Provides credit lines for retirement contributions

About Lendtable

Lendtable helps employees increase their long-term wealth by providing lines of credit for retirement and employee stock purchase plans (ESPP). This service allows employees to contribute to their 401(k) plans or ESPPs without reducing their take-home pay, enabling them to take full advantage of employer matching contributions. The application process is straightforward, and Lendtable earns revenue through fees on the credit extended. The company's goal is to maximize retirement savings for employees of large corporations while keeping their monthly budgets intact.

San Francisco, CaliforniaHeadquarters
2020Year Founded
$22.5MTotal Funding
SERIES_ACompany Stage
Fintech, Financial ServicesIndustries
11-50Employees

Risks

Rising interest rates may increase Lendtable's cost of capital.
Increased competition from fintech startups could erode Lendtable's market share.
Regulatory scrutiny on retirement-focused financial products could impact Lendtable.

Differentiation

Lendtable offers unique credit lines for 401(k) and ESPP contributions.
The company targets employees of Fortune 500 companies for its services.
Lendtable's model allows wealth-building without reducing take-home pay.

Upsides

Increased employer interest in financial wellness boosts demand for Lendtable's services.
SECURE 2.0 Act encourages higher retirement savings, benefiting Lendtable.
Growing ESPP offerings align with Lendtable's focus on stock purchase plans.

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