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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 RoleThis role requires high-quality legal analysis and exceptional judgment. You must have strong oral and written communication skills, excellent interpersonal and influencing skills, an ability to anticipate and deliver legal support to satisfy the needs of a dynamic business team, and the flexibility to manage a variety of assignments at a time.What You'll DoYou will deliver strategic and tactical legal support for all aspects of our activities in the consumer finance industry and across all stages of our members’ experiences.
You will serve as a trusted advisor and partner to business teams, including advising and partnering on the development of new products and services, training and advising on consumer finance and other laws and regulations applicable to our business, third party management activities, marketing materials, and drafting and negotiating partnership and other business agreements.
You will assist in monitoring and analyzing federal, state, and local regulatory developments concerning lending, servicing, and other activities that may impact our marketplace and engage with our business partners to ensure understanding of the same and operational readiness.
You will partner with our Compliance team to ensure comprehensive risk support, including assisting in the investigation of and response to consumer complaints and the management of internal and external compliance reviews and examinations, including regulatory exams by government agencies.
You will collaborate with team members to identify issues and improve existing processes and procedures to ensure consistent interpretation and application of legal requirements across LendingClub’s marketplace.
You will drive and support other matters in support of LendingClub’s strategic objectives.
You will assist the Legal Department in support of any other assignments that may be delegated to you.
You may manage other legal team members and support them in accomplishing some or all of the above responsibilities and objectives.
J.D. from an accredited law school and licensed, in good standing, in one or more states to practice law (not necessary to be licensed in the states where LendingClub has offices).
You must have at least 10 years of combined law firm, government and/or in-house legal department experience, preferably with experience managing other people, and at least 8years of experience in consumer finance law and regulations with a preference for at least part of the 5 years in-house at a bank, credit union or fintech.
You must have demonstrated experience advising on some or all of the following laws and regulations: TILA/Regulation Z; ECOA/Regulation B; FCRA/Regulation V; BSA/AML; EFTA/Regulation E; TCPA, TSR, CAN-SPAM, and/or state law analogues; FDCPA and/or state law analogues; UDAAP; and GLBA/Regulation P.
You adapt well to a rapidly changing business environment and thrive on innovation and change.
You are comfortable in a legal support role that extends beyond delivery of advice to getting involved in the hands-on execution and implementation of legal advice with business partners.
You can manage multiple transactions or tasks, take on new responsibilities, and advise on novel issues.
You have the proven ability to develop collaborative relationships with internal partners and external customers, with comfort interacting with and influencing colleagues across departments and job levels.
You have a high level of integrity and are able to have candid conversations with business leaders in support of your position if needed.
Work Location
Lehi, UT or San Francisco, CA or New York, NY
We are currently working a hybrid schedule and our teams are in-office Tuesdays, Wednesdays and Thursdays.
Time Zone Requirements
Primarily MT, PT
Travel Requirements
Monthly/quarterly/as needed travel to Lehi/San Francisco/Boston/New York
If you need to travel for work, LendingClub will cover your travel related expenses.
Compensation
The target base salary range for this position is 148,000-230,000. 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 offered are determined by role, experience level and location.
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.
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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.
