Job Description

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, and the only full-spectrum fintech marketplace bank. Members can gain access to a broad range of financial products and services through a technology-driven platform, designed to help them pay less when borrowing and earn more when saving. Since 2007, more than 3 million members have joined the Club to help reach their financial goals. Were leading the governance of a new industry by developing ethical, responsible ways to bring greater value and better opportunities to our members. Everyone deserves a better financial future and our team is committed to making that a reality. Come join us!


About the Role

LendingClubs Compliance Department is seeking a talented and experienced individual for the position of Sr Lending Operations Compliance Manager. This position will assist the Lending Operations Compliance Officer with the assessment of risks associated with all laws, regulations, and regulatory rules applicable across the lending life cycle and to ensure appropriate and sufficient controls are in place to mitigate those risks. Specific areas of operational focus include credit policy development, model testing and validation, applicant sourcing, application processing and underwriting, funding, account servicing, collections, and asset recovery. Areas of regulatory focus include, but are not limited to, ECOA, UDAAP, TILA, FCRA, FDCPA, MLA/SCRA, TCPA, GLBA, EFTA, ESIGN, and other lending-related federal and state laws and regulations. The position reports directly to the Lending Operations Compliance Officer.



What You'll Do

* Assist the Compliance Program Office with the assessment of all regulatory risks related to 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.
* Work with business leaders and management to socialize lending operations compliance principles and practices and assist with developing procedures, systems, and processes to execute policy requirements (i.e., Lending Compliance Advisory).
* Assist the Compliance Program Office with the development of regulation-based training and targeted role-based training covering the laws, regulations, and policy requirements related to lending operations.
* Establish testing and monitoring protocols to assess and measure operations compliance with legal and regulatory requirements and identify defects and deficiencies requiring corrective action.
* Ensure material 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.
* 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.
* Liaise with examiners and auditors on reviews of the companys efforts to comply with regulatory requirements related to lending operations.
* Prepare, deliver, and effectively communicate analysis and reporting regarding lending operations compliance to oversight committees and management.
* Move across function lines within the Compliance Department to assist team members with other compliance-related responsibilities, including for example fair lending, community reinvestment, BSA/AML, issues management, policy and procedure development, and third-party compliance oversight.



About You

Basic Qualifications:

* Bachelors degree or equivalent and relevant work experience.
* 5 or more years of banking or financial services experience, primarily in compliance, risk management and/or audit functions.
* 2 or more years of direct experience in lending operations compliance with a focus on consumer credit.
* Strong working knowledge of consumer protection laws and regulations and associated risks, and the internal controls needed to mitigate those risks.
* Strong communication skills and the ability to influence decisions and drive change.
* Self-starter with ability to think independently, take ownership, and drive initiatives to resolution.
* Solid analytical, problem solving, and critical thinking skills
* Ability to handle multiple priorities and rapid changes.

Preferred Qualifications:

* Professional certifications(s) such as Certified Regulatory Compliance Manager (CRCM) or completion of specialized training in compliance (e.g., ABA Graduate School of Compliance Risk Management).
* Additional experience with Federal Securities Laws and investment industry compliance programs.

LendingClub is an equal opportunity employer and dedicated to diversity, equity, and inclusion in the workplace. We do not discriminate on the basis of race, religion, color, national origin, sex (including pregnancy, childbirth, reproductive health decisions, or related medical conditions), gender, gender identity, gender expression, sexual orientation, age, marital status, veteran status, disability status, political views or activity, or other applicable legally protected characteristics. We believe that a variety of perspectives will make our teams and business stronger as we work together to transform the traditional banking system.

We are committed to providing reasonable accommodations for qualified individuals with disabilities in our job application process. If you need assistance or an accommodation due to a disability, please contact us at interviewaccommodations@lendingclub.com.