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Chaomei Chen
Experienced Chief Risk Officer
Chaomei Chen is the Chief Risk Officer at Lending Club, a position she has held since June 2011. With over 20 years of experience in risk management, she has played a pivotal role in establishing and enhancing the enterprise risk management framework at Lending Club, focusing on the company's portfolio of credit products.135
Career Background
Before joining Lending Club, Chen held several significant roles in risk management across various financial institutions:
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Chief Risk Officer at JPMorgan Chase Card Services (2008-2009): She managed credit risk and business risk for the Washington Mutual credit card portfolio.
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Chief Risk Officer at Washington Mutual Card Services (2005-2008): Here, she was responsible for credit and business risk management, modeling, forecasting, and fraud operations.
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Vice Chairman and Chief Credit Officer at Providian Financial Services (2002-2005): Chen played a key role in the company's turnaround before its acquisition by WaMu.
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Executive positions at Fleet Credit Card Services and PNC National Bank, where she focused on credit policy and risk management.124
Education
Chen holds a Bachelor of Science in Mathematics from Southwestern JiaoTong University in China and a Master of Science in Engineering (M.S.E.) in Mathematical Science from Johns Hopkins University.23
Current Role
As Chief Risk Officer at Lending Club, Chen oversees the risk management infrastructure necessary for the company's operations, ensuring that risk is effectively managed across its various credit offerings. Her extensive background in the financial sector equips her to navigate the complexities of risk in the evolving landscape of peer-to-peer lending.36
