The CTO role describes an engineering team that might be offshore. Not a huge stretch for a startup, especially one as cash-strapped as Loanio, but a tough decision for any young company. Other than that, none of the job listings is particularly revealing, especially in comparison with their S-1 (which has a ton of detail), but it looks like Loanio is trying to put in place a management team of six before they head out for venture capital. Along with founder and CEO Michael Solomon, they’ve already got a CFO, so the next hire would be employee number 3.

As described in their S-1, Loanio has been self-funded by Solomon (and possibly other angel investors) from the beginning, incurring over a quarter million dollars in expenses. As a result, all of the job listings state that Loanio is building its management team in anticipation of raising VC funding, and are looking for candidates who “understand and would be able to delay full salary for 4+ months, if necessary”. That’s a tall order in a recession like this one, but if you’re out of a job, it might just be worth your while.

Loanio is headquartered in Nanuet, New York, a small town about 20 minutes north of New York City. You can enjoy a historical and pictorial tour of the town online.

Related posts:

1. Loanio Files Amendment to S-1 with SEC; Cedes Code for Cash
2. Don’t Count Loanio Out; Files S-1 with SEC
3. Prosper Won’t Stop ’til They Get Enough SEC Filings

Lending Club also announced that Pamela Kramer would be joining as CMO. Kramer was most recently CMO for MarketTools (where she still appears on the Leadership Team page), and had been the CMO of E*TRADE FINANCIAL for 8 years prior.

Related posts:

1. LendingClub raises $10.2M Series A
2. Lending Club Reveals $4.1 M in New Funding
3. Prosper secures another $20M in financing