Sr Operational Risk Analyst
Apply NowCompany: LendingClub Bank
Location: San Francisco, CA 94112
Description:
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's Enterprise and Operational Risk Management (EORM) department is seeking a talented and experienced individual for the position of Sr Operational Risk Analyst. This position will report directly to the Director, Operational Risk Management (ORM) and will be responsible for supporting the buildout and ongoing execution the team's Quality Control and Quality Assurance processes for the Bank's ORM program. Specific areas of focus will involve issue management, operational loss event (OLE) management, and risk and control self-assessment (RCSA). The successful candidate for this role will be someone who is excited to understand how the Bank's ORM programs work, eager to dig deep into processes, and able to test against program requirements and support a continuous feedback loop of findings.
What You'll Do
About You
Work Location
San Francisco
We are currently working a hybrid schedule and our teams are in-office Tuesdays, Wednesdays, and Thursdays.
Time Zone Requirements
Primarily PT
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 88,000-100,000. 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.
#LI-Hybrid
#LI-AW1
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.
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's Enterprise and Operational Risk Management (EORM) department is seeking a talented and experienced individual for the position of Sr Operational Risk Analyst. This position will report directly to the Director, Operational Risk Management (ORM) and will be responsible for supporting the buildout and ongoing execution the team's Quality Control and Quality Assurance processes for the Bank's ORM program. Specific areas of focus will involve issue management, operational loss event (OLE) management, and risk and control self-assessment (RCSA). The successful candidate for this role will be someone who is excited to understand how the Bank's ORM programs work, eager to dig deep into processes, and able to test against program requirements and support a continuous feedback loop of findings.
What You'll Do
- Support the Director, ORM in the buildout of QC/QA processes for issue management, OLE management, and RCSAs
- Support the development of test scripts and sample methodologies and test the Bank's adherence to ORM program requirements on an ongoing basis
- Support the development of reporting on progress against QC/QA activities and related findings (e.g., error rates, themes)
- Analyze QC/QA themes and maintain a feedback loop consisting of reporting and training (in partnership with Director, ORM) to address the root causes of findings
- Become deeply familiar with the Bank's Governance, Risk, and Compliance (GRC) tool
- Help enhance the quality of issue, OLE, and RCSA data (e.g., risk descriptions, issue descriptions, corrective action plans)
- Recommend improvements to risk management processes based on analysis and feedback
- Assist in the development of ORM management and committee reporting
- Perform other EORM task as necessary, under the direction of the VP, Head of Enterprise and Operational Risk Management
About You
- 2-4 years of relevant experience in the financial services industry, preferably in federally-regulated banking institution
- Bachelor's degree preferred in a related field of study; or equivalent work experience
- Self-starter, willing to take ownership and drive initiatives to resolution while reporting appropriately on progress made and raising awareness when difficulties are encountered
- Ability to deliver quality results in the face of competing priorities, aggressive timelines, and evolving direction
- Strong problem solving and analytical skills, particularly with large data sets
- Excellent proficiency in Microsoft Excel, PowerPoint, Visio, and other Office products
- Exceptional organizational skills with strong attention to detail and accuracy
Work Location
San Francisco
We are currently working a hybrid schedule and our teams are in-office Tuesdays, Wednesdays, and Thursdays.
Time Zone Requirements
Primarily PT
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 88,000-100,000. 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.
#LI-Hybrid
#LI-AW1
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.