Sr Manager, Compliance Advisory – TPRM & Operations

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 Bank’s Compliance Team is looking for an experienced Sr Manager, Compliance Advisory – TPRM (Third Party Risk Management) and Operations. The Sr Manager will report to the Sr Director, Compliance Advisory and provide compliance oversight across TPRM & Banking Operations. The Sr Manager, will help set the Bank’s compliance risk management strategy and will work with leaders across the business to implement policies, procedures, and process controls designed to assure ongoing compliance with all applicable laws, regulations, and internal policies.

What You'll Do

• Assist in the development and maintain enterprise compliance policies that set forth all law, rule and regulatory requirements to which the Bank and its employees must adhere
• Collaborate with first-line management to develop and implement operational procedures and process controls designed to assure compliance and provide independent oversight of compliance risks to identify and remediate deficiencies
• Directly oversee the Bank’s compliance activities and provide Compliance Advisory to the Bank Operations Team
• Coordinate with other compliance leaders on the identification and measurement of compliance risks and the adequacy of controls to mitigate those
• Participate in discussions with senior management including within strategic priorities, risk assessments, regulatory change management, compliance monitoring and testing, training, issues management, consumer complaints, and third party risk (particularly the Bank’s sub-servicers and service providers)
• Advise and credibly challenge Business Teams on the development and implementation of new or changes to products and services to assess compliance risks and ensure appropriate controls are in place to mitigate those risks
• Develop and present analysis and reporting to management on the status of the compliance program and material regulatory risks to senior leadership
• Serve as a point of contact for compliance audits and regulatory examinations and spearhead corrective actions and remediation efforts
• Collaborate with compliance staff and expand their regulatory knowledge and advance their skills to promote professional development and career growth
• Execute key responsibilities and make decisions on behalf of the Sr Director, Compliance Advisory in their absence or as delegated by the Deputy CCO
• Implement and maintain a compliance program for Bank Operations and Third Party Risk Management designed to assess all regulatory risks related to consumer and commercial lending operations, including identifying gaps in controls, highlighting areas of highest risk, and developing appropriate risk mitigation strategies 
• Develop and maintain policies, standards, and other documented measures to formally set forth the principles and practices of regulatory compliance related to lending operations 
• Assist the Compliance Management Program Officer with the development of regulation-based training and targeted role-based training covering the laws, regulations, and policy requirements related to lending operations 
• Establish monitoring protocols to assess and measure operations compliance with legal and regulatory requirements and identify defects and deficiencies requiring corrective action 
• Ensure compliance issues identified by any means and through any source related to lending operations are recorded, tracked, and reported to ensure their appropriate and timely resolution 
• Liaise with examiners and auditors on reviews of the company’s efforts to comply with regulatory requirements related to lending operations 
• Coordinate with Regulatory Change Management to identify new or changes to laws, regulations, and regulatory guidance related to lending operations compliance and work with business management to operationalize requirements 
• Prepare, deliver, and effectively communic