Sr Risk Management Associate

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.

About the Role

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 Banks established risk appetite catching issues early, driving remediation, and building a stronger risk culture across the team.

What You''ll Do

• 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

Nice to Have

• 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
• Familiarity with marketplace lending, fintech partnerships, and/or vendor risk management frameworks

Work Location

San Francisco

The above locations are eligible offices for this role. The locations have been determined to foster in-person collaboration with this roles team or the related business lines. We utilize a hybrid work model, and our teams are in-office Tuesdays, Wednesdays, and Thursdays. In-person attendance is essential for this roles success, and remote placement will not be considered. LendingClub offers relocation, based on actual job level.

Time Zone Requirements

Primarily PT

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.

Compensation

The target base salary range for this position is 88,000-103,000. The base salary of the role will be determined by job-related knowledge, experience, education, skills, and location. Base salary is just one part of LendingClubs Total Rewards package. You may also be eligible for long-term awards (equity) and an annual bonus (which is based on company performance, employee performance and eligible earnings).

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, flexible time off policies for salaried employees, up to 16 weeks paid parental leave and more.

#LI-Hybrid

#LI-AH1

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.