What are the responsibilities and job description for the Sr Compliance Testing Manager position at LendingClub Bank?
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 Bank's Enterprise Compliance Organization (ECO) team, as part of the Enterprise Risk Management team, is responsible for maintaining an effective enterprise-wide compliance program, which consists of the BSA / AML, sanctions (Financial Crimes Compliance (FCC)) and regulatory compliance programs.
We are looking for a Sr Compliance Testing Manager to join the team. This role is responsible for leading independent testing reviews to validate the company's compliance with applicable federal laws / regulations and adherence to internal policies and procedures. The role will also focus on helping to innovate and enhance data-driven testing capabilities to identify opportunities to enhance the bank's system of controls.
What You'll Do
- Independently lead the execution Compliance Testing reviews used to assess control design and operating effectiveness over compliance risks
- Develop Compliance Testing's data analytics and data monitoring tools to effectively test system and data driven processes
- Prepare compliance testing reports and workpapers that clearly present the results of testing and call out material findings and recommendations in an effective and meaningful way
- Prepare, deliver, and effectively communicate analysis regarding testing results to senior leadership.
- Ensure compliance issues identified by Compliance Testing are recorded, tracked and reported to ensure their appropriate and timely resolution
- Assist ECO with the assessment and documentation of business processes, risks, and controls
- Provide support for other ECO program initiatives and activities as needed, including internal and external audits or regulatory exams and strategic projects
About You
Work Location
San Francisco, Lehi, or New York
We are currently working a hybrid schedule and our teams are in-office Tuesdays, Wednesdays, and Thursdays.
Time Zone Requirements
Local hours (PT, MT, ET)
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 is 117,000-170,000. 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.
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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.
