Director, Third Party Risk Management

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

LendingClub is seeking a dynamic leader to support the continued evolution of the Bank’s Third Party Risk Management (TPRM) program. The TPRM team is responsible for managing LendingClub’s third party partner lifecycle processes, including planning, risk assessment, due diligence, contracting, monitoring & oversight, and termination, and ensuring the Bank’s third-party relationships comply with internal policies and regulatory requirements.

What You'll Do

• Be the expert on third party risk management practices and lead and execute on initiatives to improve the LendingClub TPRM program 
• Enhance the Bank’s TPRM framework, policies and procedures. 
• Oversee the complete vendor lifecycle (due diligence, onboarding, risk assessments, contracting, ongoing monitoring and termination) 
• Design and manage risk assessment methodologies for third parties (inherent and residual) 
• Build and execute strategic projects to further the maturity of the TPRM program 
• Resource, align, deploy and manage the TPRM team in support of LendingClub’s strategic plan and growth targets   
• Oversee and enhance technology and tools to support the TPRM program   
• Educate Third Party Relationship Owners and other internal stakeholders on their roles and responsibilities and drive accountability and engagement  
• Ensure compliance with all applicable regulatory requirements, including Interagency Guidance on Third-Party Relationships: Risk Management and others 
• Partner with Legal, IT Security, Procurement, Compliance, Privacy, and business units to ensure appropriate due diligence and oversight 
• Partner with the Procurement function to define and execute against a roadmap to mature the overall end-to-end third-party program (e.g., planning, sourcing and manage) 
• Manage and monitor supplier performance against negotiated service-level and contract terms 
• Provide regular reporting to senior management and the Board on vendor risk exposure, issues, and trends 
• Prepare for and support internal audits and regulatory exams 

About You

• 10 years of vendor management and/or project management experience in a fast-paced, high-growth environment   
• Specific expertise in Third Party Risk Management and oversight activities, performing third party monitoring, implementing operational enhancements and efficiencies, and significant management reporting experience  
• Nimble with ability to take decisive action to address business needs that meet corporate business objectives  
• Ability to utilize creative problem solving and critical thinking skills to design program enhancements 
• Ability to quickly understand the business’ needs, apply solid professional judgment and work independently and effectively with business teams, risk Subject Matter Experts, the Legal and Procurement teams and other internal groups to create practical and business minded sol