VP, Regulatory Relations (San Francisco)
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 looking for a Head of Regulatory Relations and Exam Management to support the companys regulatory and loan investor interactions, including ongoing relationship management and facilitation of all regulatory interactions including examinations. This role is also responsible for coordinating the banks public policy work inclusive of active engagement with various industry trade groups. Based in San Francisco, the Head of Regulatory Relations will report directly into the Chief Risk Officer and oversee the team that coordinates and supports all the above referenced activities. You will be a key leader of the bank, partnering across the enterprise to understand the current state and future strategy of the bank and effectively communicate with regulatory stakeholders, loan investors, and industry associations. What You'll Do- Lead and execute complex regulatory interactions, including regulatory exams and other supervisory activities from the OCC and FRB
- Understand LendingClub Banks business, stay on top of evolving products, and maintain relationships with regulators, including proactive notification of risk profile and business changes
- Work with the CRO to lead proactive Risk Management efforts to deliver timely and positive outcomes against regulatory expectations and commitments
- Partner closely with subject matter experts of the various risk disciplines, business leaders, audit, and legal to prepare and coordinate regulatory reviews; ensure the organization proactively addresses regulatory requests and concerns
- Develop and maintain trusted and transparent relationships with regulatory bodies and teams involved in LendingClub Banks oversight
- Coordinate all aspects and phases of regulatory interactions and examinations; ensure clarity and consistency in communications with regulators
- Provided guidance and insights to the management team and stakeholders involved in presentations to regulators, on regulatory interactions best practices
- Support the development of appropriate and diligent responses and remediation plans when regulatory issues and concerns are identified
- Manage the flow of information, records management and tracking of examinations, meeting materials and minutes, issues and responses to regulatory reports of examinations; develop procedures and processes to enable smooth examinations
- Develop reporting on regulatory interaction for the governance committees including the Board
- Help shape the banks public policy strategy through participation in industry associations ; attend forums empowered with the Bank priorities and bring developments back to Bank leadership and the Board as appropriate
- 12+ years of experience in financial services industry, primarily in compliance, risk management, and/or audit functions, with prior experience as a regulator a plus
- Bachelor's degree or higher in a related field; or equivalent work experience
- You have experience building trusted relationships with the OCC and FRB
- You have broad understanding of one or more areas of risk management (compliance, credit risk, operational and technology risk, liquidity risk, information security)
- Prior experience as a financial institutions regulator (OCC or FRB ) would be a plus
- You demonstrate outstanding communication skills, great attention to details, an ability to anticipate and deliver on the needs of a fast-paced and innovative bank, and the flexibility to handle an evolving business model
- Professional certifications(s) such as Certified Anti-Money Laundering Specialist (CAMS), Certified Regulatory Compliance Manager (CRCM), Certified Compliance Professional (IACCP), Certified Information Privacy Professional (CIPP), or Certified Internal Auditor (CIA), are a plus
- Knowledge of the general principles of risk management disciplines (compliance, credit risk, liquidity, operational risk, information security, etc.), and the regulatory frameworks
- Ability to influence, collaborate, network, negotiate, and solve problems with business partners, risk management, legal , and audit leaders, up to and including Executive Management and the Board ; willingness to roll up sleeves and manage multiple projects in parallel
- Superb analytical and critical thinking skills, with strong attention to detail and accuracy
- Strong organization and project management skills
- Superior writing skills, able to effectively present verbally or in writing to regulators and Executive management
Work Location
San Francisco
Primarily PT Travel Requirements
If you need to travel for work, LendingClub will cover your travel related expenses. Compensation
The target base salary range for this position is240 ,000-270,000.The position is also eligible to receive a bonus (which is based on company performance, employee performance and eligible earnings),equity , and benefits. Our salary ranges, other compensation and benefits offeredare determined by role, experience level and location. Were 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,flexibletime off policiesfor salaried employees, up to 16 weeks paid parental leave and more. #LI-Hybrid
#LI-HB1
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].
#J-18808-LjbffrRecommended Jobs
Sales and Design Consultant - Torrance, CA
Job summary: Our client is an established kitchen and bath design company. In this role, you will be responsible for conducting in store sales presentations and assisting with designing clients dre…
Senior Engineer
Trusted by many of the largest companies globally, Accertify is the leading digital platform assessing risk across the entire customer journey, from Account Monitoring and Payment Risk to Refund Fraud…
Explore Roseville: Nursing Among History and Nature
Registered Nurse - Telemetry - Travel - (Tele RN) Explore Roseville's charm while you care, A Tele nurse adventure, a dream you can share. Historic streets and summer nights, With parks and cultur…
Class A or B Driver/Mobile Crane Operator
JOB POSITION: Full-Time, Class A or B Driver/Mobile Crane Operator BRANCH LOCATION: City of Industry, CA DATE AVAILABLE: Immediately US Air Conditioning Distributors is one of the largest pr…
Maintenance Technician
Career Site Header Job Summary Maintenance Technicians perform routine and preventative maintenance to maintain the physical integrity of Sun’s communities. They conduct home/building maint…
Manager
Job Description Job Description We are looking to hire an experienced Subway employee to promote to a store manager. If you do not have recent Subway experience, you can still qualify but will ha…
Senior Product Manager - Vault UI Platform
Veeva Systems is a mission-driven organization and pioneer in industry cloud, helping life sciences companies bring therapies to patients faster. As one of the fastest-growing SaaS companies in histo…
Manager of Store Design
Sephora seeks a Manager of Store Design in San Francisco to lead the design process for retail environments, ensuring alignment with brand identity and business goals. This role involves managing desi…
Caregiver
Job Description Job Description Caring for elderly people including ADLs, meal preparations, and assisting them in taking their medications.
CATERING SENIOR CAPTAIN (FULL TIME)
We are hiring immediately for a full time CATERING SENIOR CAPTAIN position. Location : Irvine Company - 17220 Laguna Canyon Road, Irvine, CA 92603. Note: online applications accepted only …