As a Sr Risk Management Associate on the Marketplace team, you will own contract risk review and enforcement while serving as the liaison between the business unit and Legal, Risk, and Internal Audit functions. This role exists to ensure the Bank's Marketplace operates within the Bank's established risk appetite - catching issues early, driving remediation, and building a stronger risk culture across the team.
Responsibilities
Review and assess investor contracts to identify material risk exposures, flag gaps against risk appetite
Own contract enforcement activity - tracking obligations (standard and non-standard), identifying breaches, and coordinating remediation plans with relevant stakeholders
Act as the primary risk point of contact for the Marketplace business unit, ensuring risks are identified, escalated, managed, and closed in a timely manner
Represent the business unit during internal and external audits, supporting risk owners with documentation, evidence, and root cause analysis
Maintain policies, procedures, and standards relevant to Marketplace risk, working with appropriate committees for review and approval as necessary
Deliver regular reporting to Marketplace leadership on open risk issues, action plan status, and contract compliance posture
Identify opportunities to improve risk monitoring workflows, including the use of AI tools where appropriate, to increase accuracy, coverage, and efficiency
Look for opportunities to use AI tools to improve how you research, track, and organize risk-related work - and share what works with the team
About You
2+ years of experience in risk management, compliance, or a related field within financial services
Hands-on experience with contract review and risk assessment - proficient in reading agreements, identifying where exposure lives, and applying appropriate mitigation strategies
Working familiarity with financial products and regulatory expectations in a lending or marketplace environment
You take ownership of your work and follow issues through to resolution - you don't hand things off and assume they're handled
You communicate clearly across levels - equally comfortable in a conversation with a business unit lead, or a regulator
You actively look for ways AI can improve your work - from accelerating analysis to thinking through problems from a different angle - and you're thoughtful about accuracy and data sensitivity when doing so
You're organized and detail-oriented, and you take tracking and documentation seriously rather than treating it as overhead
Requirements
Experience working with Salesforce, or similar Governance, Risk, and Compliance (GRC) or contract management platforms
Experience to second-line risk functions and/or third-line audit support in a regulated financial environment
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.
Benefits
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 vDental insuranceRemote work optionsFlexible scheduleEquity / stock optionsPerformance bonus
Additional Information
Current Employees of LendingClub: Please apply via your internal Workday Account
LendingClub (soon to be Happen Bank) is built around a simple purpose: to clear the way to help people turn intention into action, and action into financial progress. That means offering focused products, a frictionless mobile-first experience, and clear terms with no gotchas. Respect and fairness is part of our DNA, and that ideal shapes how we work, how we treat each other, and how we invest in our employees and our community. Join us in using data, bold thinking, and a commitment to innovation to help clear the way for millions of Americans to achieve more.
Lendingclub · San Francisco, CA