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Sr Compliance Advisory Manager - Lending
full-time•San Francisco, Lehi•$102k - $159k
About this role
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 Compliance Advisory Manager to support the Bank’s Personal Lending Products. In this role, you will provide compliance advisory oversight, helping to identify, assess, and manage compliance risks across the Personal Lending Products portfolio. You will partner closely with leaders across the business to support the development and execution of the Bank’s compliance risk management framework, including related policies, procedures, and process controls.The role supports the full product lifecycle, including marketing, applicant sourcing, application processing and underwriting, funding, account servicing, and partner oversight.
What You'll Do
- Assist with the assessment of all regulatory risks and controls related to lending products, including identifying gaps in controls, highlighting areas of highest risk, and developing appropriate risk mitigation strategies
- 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
- 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 compliance principles and practices and assist with developing procedures, systems, and processes to execute policy requirements
- 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
- Collaborate with Testing and Monitoring Teams to establish strategies and protocols to assess and measure 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 products 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 product compliance and work with business management to operationalize/implement requirements
- Prepare, deliver, and effectively communicate analysis and reporting regarding lending compliance to oversight committees and management
About You
6+ years of banking or financial services experience, primarily in compliance, risk management, and/or audit, and a bachelor’s degree in a related field, or equivalent work experience
3+ years of direct experience in lending compliance with a focus on consumer credit
Proficient in consumer compliance and consumer protection regulations, including ECOA, UDAAP, TILA, FCRA, MLA/SCRA, TCPA, GLBA, EFTA, and ESIGN, as well as applicable state laws and safety and soundness considerations
Strong working knowledge of consumer protection laws and associated risks, and the internal controls needed to mitigate those risks
Strong communication skills with the ability to influence decisions and drive change
Solid analytical, problem-solving, and critical thinking skills
Ability to manage multiple priorities and adapt to rapid change
Demonstrated ability to develop and manage projects to address complex problems and drive results through strong business partnerships and project management
Experience working in a fast-paced, dynamic environment with the ability to deliver quality results amid competing priorities, aggressive timelines, and evolving direction
Self-starter with the ability to think independently, take ownership, and drive initiatives to resolution, while providing appropriate progress updates and escalating issues as needed
Exceptional organizational skills with strong attention to detail and accuracy
Desire and ability to quickly learn LendingClub’s business model, technology capabilities, and evolving regulatory environment
Preferred Qualifications
Professional certifications such as Certified Regulatory Compliance Manager (CRCM)
Experience supporting regulatory examinations and compliance audits, including developing, tracking, and executing timely corrective actions
Work Location
San Francisco or Lehi
The above locations are eligible offices for this role. The locations have been determined to foster in-person collaboration with this role’s team or the related business lines. We utilize a hybrid work model, and our teams are in-office Tuesdays, Wednesdays, and Thursdays. In-person attendance is essential for this role’s success, and remote placement will not be considered. LendingClub offers relocation, based on actual job level.
Time Zone Requirements
Local hours (PT, MT)
While the position will primarily work local hours, LendingClub is headquartered in Pacific Time and our ideal candidate will be flexible working across time zones when necessary.
Travel Requirements
As needed travel to LendingClub offices and/or other locations, as needed.
Compensation
The target base salary range for this position is 102,000-159,000. The base salary of the role will be determined by job-related knowledge, experience, education, skills, and location. Base salary is just one part of LendingClub’s Total Rewards package. You may also be eligible for long-term awards (equity) and an annual bonus (which is based on company performance, employee performance and eligible earnings).
We’re creating new financial services solutions for our members based on fairness, simplicity, and heart, and we treat our employees the same way. We offer a competitive benefits package that includes medical, dental and vision plans for employees and their families, 401(k) match, health and wellness programs, flexible time off policies for salaried employees, up to 16 weeks paid parental leave and more.
#LI-Hybrid
#LI-AW1
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 [email protected].
What you'll do
- The Sr Compliance Advisory Manager will provide compliance advisory oversight for the Bank’s Personal Lending Products, identifying and managing compliance risks. This role involves collaborating with business leaders to develop and execute compliance risk management frameworks and policies.
About LendingClub
Since our founding in 2007, we have transformed the banking industry by bringing a traditional credit product - the installment loan - online and we’ve been on the fast track ever since. We are one of the first fintechs to acquire a national bank charter, which has transformed our business economics and introduced all new capabilities, and now others are following our lead, validating the strength of our model. We are one of America’s largest providers of unsecured personal loans, originating more than $100 billion in loans to our more than 5 million high-FICO, high-income members and helping them save millions on their cost of credit. And we’re just getting started.
A Culture that Delivers
Impact: We’re tackling big problems, but we’re a small enough organization for each individual to make a real difference
People: We’re a group of smart, kind, low-ego, and values-driven people from a wide variety of industries and backgrounds who are committed to our mission
Ideas: We seek out the best ideas – no matter where they come from – to look beyond what is possible today
Values: It’s not just what you accomplish, it’s also how you accomplish it that matters
Member FDIC
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Frequently Asked Questions
What does LendingClub pay for a Sr Compliance Advisory Manager - Lending?
LendingClub offers a competitive compensation package for the Sr Compliance Advisory Manager - Lending role. The salary range is USD 102k - 159k per year. Apply through Clera to learn more about the full compensation details.
What does a Sr Compliance Advisory Manager - Lending do at LendingClub?
As a Sr Compliance Advisory Manager - Lending at LendingClub, you will: the Sr Compliance Advisory Manager will provide compliance advisory oversight for the Bank’s Personal Lending Products, identifying and managing compliance risks. This role involves collaborating with business leaders to develop and execute compliance risk management frameworks and policies..
Is the Sr Compliance Advisory Manager - Lending position at LendingClub remote?
The Sr Compliance Advisory Manager - Lending position at LendingClub is based in San Francisco, United States and Lehi, Utah, United States. Contact the company through Clera for specific work arrangement details.
How do I apply for the Sr Compliance Advisory Manager - Lending position at LendingClub?
You can apply for the Sr Compliance Advisory Manager - Lending position at LendingClub directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process.