Director, Third Party Risk Management

LendingClubSan Francisco, CA, United States

job_description.job_card.30_days_ago

serp_jobs.job_preview.job_type

serp_jobs.job_card.full_time

job_description.job_card.job_description

Join to apply for the Director, Third Party Risk Management role at LendingClub

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 solutions and efficiently deliver results

Strong risk analysis and problem-solving skills, including issue identification, negotiating, directing, planning, organizing, and implementing solutions

Exceptional project management skills with strong attention to detail

Self-directed, able to work independently, as well as within a team

Bachelor’s degree in risk management, business, technology, or related field; or equivalent work experience

Knowledge of internal controls, financial regulations, operational risk, and vendor due diligence

Preferred Qualifications

Ability to thrive in a fast-paced environment and successfully manage aggressive deadlines with minimal to no supervision and across multiple time zones

Ability to independently solicit information and input from different stakeholders as necessary and appropriate

Adapts style to differing audiences and often advises others on difficult matters

Work Location

San Francisco, 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 148,000-225,000. 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

Director

Employment type

Full-time

Job function

Finance and Sales

Referrals increase your chances of interviewing at LendingClub by 2x

Get notified about new Director of Risk Management jobs in San Francisco, CA .

Foster City, CA $180,000.00-$220,000.00 1 month ago

San Francisco, CA $176,000.00-$200,000.00 2 weeks ago

San Francisco, CA $144,000.00-$216,000.00 1 month ago

Regional Director Lab Compliance & Risk Management

Hayward, CA $242,174.41-$294,320.00 6 days ago

Director, Business Banking Risk Decision Strategy Management

San Ramon, CA $137,000.00-$238,000.00 1 week ago

Director, Business Process Improvement (Loan Operations)

San Francisco, CA $150,000.00-$175,000.00 2 weeks ago

San Francisco, CA $190,000.00-$230,000.00 2 weeks ago

Hayward, CA $242,174.41-$294,320.00 5 days ago

Director of Regulatory Operations-620607

Redwood City, CA $100.00-$150.00 1 week ago

San Mateo, CA $191,200.00-$274,850.00 6 days ago

Walnut Creek, CA $186,096.00-$232,620.00 4 days ago

Director of Operations, Global Products and Initiatives

San Francisco, CA $169,100.00-$245,400.00 4 days ago

Director of Operations | Residential Real Estate

San Francisco County, CA $175,000.00-$190,000.00 2 weeks ago

Join Bay Area Underwriting Launch – Managing Director & Senior Underwriters | Innovation & Emerging Tech

San Francisco, CA $119,600.00-$216,000.00 2 weeks ago

San Francisco, CA $100,000.00-$120,000.00 2 weeks ago

Director of Research Administration and Revenue Management

San Francisco, CA $201,300.00-$301,900.00 1 month ago

San Mateo, CA $217,000.00-$301,000.00 3 days ago

San Francisco, CA $328,000.00-$492,000.00 5 hours ago

San Francisco, CA $165,000.00-$265,000.00 4 days ago

South San Francisco, CA $296,000.00-$400,000.00 3 days ago

San Leandro, CA $84,635.00-$111,716.00 1 hour ago

South San Francisco, CA $235,000.00-$290,000.00 16 hours ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.

#J-18808-Ljbffr

serp_jobs.job_alerts.create_a_job

Director Third Party • San Francisco, CA, United States