What are the responsibilities and job description for the Sr Procurement Analyst 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
This role offers an exciting opportunity to join a fast-paced, fun, talented, and growing Vendor Management organization as a Sr Procurement Analyst, reporting directly to the Director of Procurement. This individual will serve as a resource to the procurement team and internal business stakeholders to support strategic sourcing, planning, reporting, and overall process improvement activities. This individual will also partner with the Third-Party Risk Management (TPRM) team to support the Bank's TPRM lifecycle comprised of initial planning and risk assessment, due diligence, contract execution, ongoing monitoring, reporting, and termination of third-party relationships.
A successful candidate will challenge the status quo to drive insights and continuous improvement, be able to influence the decision-making process, be data and results oriented, analytically minded, interested in technology, and an excellent communicator who enjoys collaborating with people.
What You'll Do
- Assist the Procurement Management and TPRM team with managing the entire vendor lifecycle, including but not limited to due diligence activities, including vendor follow-up and escalation and various procurement activities as needed in the areas of purchasing, contracting, sourcing, and commodity management
- Triage and support incoming vendor management engagement tickets and monitor and help manage cross-functional collaboration and progress
- Support TPRM and Procurement activities with data analysis and interpretation : including but not limited to contracts, budgets, financial planning, expenditure analysis, supplier performance, SLA and other metrics
- Support the Procurement Operations Team as needed for the purchase-to-pay process including processing requisitions and supplier set up / maintenance in the ERP system
- Support and maintain the policies and procedures of procurement and manage stakeholder compliance
- Support and manage special projects and / or reports as needed (pricing comparisons, trending information, capabilities, supplier performance comparisons, etc.)
- Assist in major procurement project development and management, including CLM implementation and helping to identify other operational efficiencies to existing infrastructure (e.g., procurement and P2P process)
- Manage and track procurement related issues, plans, and trainings
- Help develop advance KPI reporting while driving actionable insights with a focus on identifying leading indicators
- Analyze data from Accounts Payable and Finance teams to confirm whether applicable third parties have undergone the proper Procurement and TPRM onboarding or offboarding process
- May be required to perform other duties not assigned, based on business needs
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
As needed travel to San Francisco / Boston / Lehi / 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 66,000-100,000. 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.
