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LendingClub

Director, Compliance Testing

LendingClub, San Francisco, California, United States, 94199

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Direct message the job poster from LendingClub Sr Recruiter @ LendingClub | Master of Business Administration

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’s Compliance Department is seeking a talented and experienced individual for the position of Director, Compliance Testing (2nd Line of Defense). This position is responsible to lead and maintain the Compliance Testing Program to independently review and validate the company’s compliance with applicable federal and state laws, regulations and adherence to internal policies and procedures.

What You'll Do

Develop an annual Compliance Test Plan that encompasses multiple inputs, such as the Compliance Risk Assessment results and risk inputs from key first and second line business partners Lead the Testing Team to execute the Compliance Test Plan and to conduct other targeted reviews (as needed) Oversee all testing processes and procedures across all phases of the Compliance Testing review Ensure compliance issues identified through compliance testing are recorded, tracked, and reported to ensure their appropriate and timely resolution Prepare, deliver, and effectively communicate analysis and reporting regarding testing to oversight committees and senior leadership Liaise with examiners and auditors on reviews of the company’s efforts, including testing, to comply with regulatory requirements related to lending operations Collaborate with Compliance advisory teams in developing ongoing compliance risk monitoring Participate in Enterprise Risk and other risk governance forums to provide insight on the control environment and the identification of risks Partner with the Compliance Program Office to ensure the results of testing, including any issues identified, are incorporated into the company’s risk governance and reporting processes Move across functional lines within the Compliance Department to assist team members with other compliance governance-related responsibilities, such as third-party compliance oversight, issues management and risk assessments

About You

10+ years of banking or financial services experience, primarily in compliance, risk management and/or audit functions Bachelor’s degree or higher in a related field; or equivalent work experience 5+ years of direct experience performing compliance testing or audit Strong working knowledge of consumer protection laws and regulations and associated risks, and the internal controls needed to mitigate those risks. Knowledge of Financial Crimes Compliance regulations Experience managing or supervising others Strong written and verbal communication skills Demonstrated 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 Certified Internal Auditor (CIA)

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 150,000-225,000. 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.

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.

Seniority level

Seniority level Director Employment type

Employment type Full-time Job function

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