Sr Director, Procurement

Current Employees of LendingClub: Please apply via your internal Workday Account

LendingClub Corporation (NYSE: LC) is the parent company of LendingClub Bank, National Association, Member FDIC. We are the leading digital marketplace bank in the U.S., having helped our nearly 5 million members secure over $90 billion in loans to refinance high-cost debt and achieve their financial goals. Members today have mobile-first access to a growing range of products and services designed to work seamlessly together to deliver value in new ways. Everyone deserves a better financial future, and our team is committed to making that a reality. Join the Club!

About the Role

We are looking for a Sr Director of Procurement to lead the enterprise procurement function, driving a high-performing team while leading strategic transformation across vendor onboarding, contracting, and third-party engagement. This role will own the end-to-end implementation of a Contract Lifecycle Management (CLM) platform and modernize procurement processes to improve efficiency, compliance, scalability, and stakeholder experience.

In this role, you will serve as a key partner to Legal, Finance, Risk, Compliance, the Business, and Technology, ensuring procurement enables business growth while maintaining strong governance and cost discipline.

What You'll Do

Procurement Leadership & Team Management

• Lead, mentor, and develop the procurement team, establishing clear roles, performance expectations, and career growth paths
• Set the strategic direction for procurement, aligning priorities with business objectives and enterprise initiatives
• Establish best-in-class procurement policies, controls, and operating procedures

Vendor Onboarding Transformation

• Design and lead a transformation of the vendor onboarding process to improve speed, transparency, and stakeholder experience
• Partner closely with Legal, Compliance, Risk, InfoSec, Finance, and IT to streamline third-party due diligence and approval workflows
• Standardize vendor intake, risk tiering, and approval criteria while ensuring regulatory and policy compliance
• Define and track KPIs for onboarding efficiency, cycle times, and vendor satisfaction

Contract Lifecycle Management (CLM) Implementation

• Own the end-to-end CLM implementation project, from requirements gathering Serve as executive sponsor for the CLM tool, coordinating across Procurement, Legal, IT, and business stakeholders
• Lead vendor selection (if applicable), implementation planning, change management, and user training
• Ensure the CLM solution integrates effectively with procurement, finance, and vendor management systems
• Drive adoption and continuous improvement post-implementation

Strategic Sourcing & Vendor Management

• Oversee strategic sourcing initiatives, contract negotiations, and supplier performance management
• Develop frameworks for vendor segmentation, risk management, and cost optimization
• Partner with senior business leaders to support complex, high-value, and high-risk vendor engagements

Stakeholder Partnership & Governance

• Act as a trusted advisor to executive leadership on procurement strategy, vendor risk, and spend optimization
• Ensure procurement practices align with regulatory, audit, and compliance requirements
• Support internal audits, regulatory exams, and third-party risk assessments related to procurement and vendor management

About You

• 12+ years of experience in procurement, sourcing, or vendor management, including senior leadership roles
• Experience leading procurement or vendor-related transformations at scale
• Experience leading enterprise technology implementations, including CLM preferred
• Strong people leadership experience with a track record of building and developing teams
• Experience partnering closely with Legal, Finance, Risk, Compliance, and Technology teams
• Background in financial services, fintech, or other highly regulated environments
• Strong change management and process design experience
• Strategic mindset with executive presence
• Data-driven approach with experience defining and managing