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 Legal Department is seeking a talented and team-oriented attorney to join our team. This role requires high-quality legal analysis and exceptional judgment. You must have strong oral and written communication skills, excellent interpersonal and influencing skills, an ability to anticipate and deliver legal support to satisfy the needs of a dynamic business team, and the flexibility to manage a variety of assignments at a time.

What You'll Do

You will deliver strategic and tactical legal support primarily for LendingClub Bank’s consumer lending products
You will serve as a trusted advisor and partner to business teams, including advising and partnering on the development of new products and services, training and advising on consumer finance laws and regulations applicable to our business, third party management activities, reviewing marketing materials and advising on loan servicing and collections matters
You will assist in monitoring and analyzing federal, state, and local regulatory developments concerning consumer lending, lending operations and other activities that may impact our bank and marketplace, and engage with our business partners to ensure understanding of the same and operational readiness
You will partner with our Compliance and Risk teams to ensure comprehensive risk support for the consumer lending products we offer including the management of internal and external compliance reviews and examinations, and regulatory exams by government agencies
You will collaborate with team members to identify issues and improve existing processes and procedures to ensure consistent interpretation and application of legal requirements across LendingClub Bank’s product suite
You will drive and support other matters in support of LendingClub Bank’s strategic objectives
You will assist the Legal Department in support of any other assignments that you may be asked to help with
You assess unusual circumstances and use sophisticated analytical and problem solving techniques to identify cause
You devise solutions based on limited information and precedent and adapt existing approaches to resolve issues

About You

3+ years of experience, J.D. degree and a state bar membership in good standing
Combined law firm, government and/or in-house legal department experience in a bank or financial technology company (with direct experience in these areas). In-house experience with a bank, fintech, or credit union preferred
You should have at least 2 years of experience in consumer finance law and regulations
You must have demonstrated experience advising on some or all of the following laws and regulations: TILA/Regulation Z; ECOA/Regulation B; FCRA/Regulation V; EFTA/Regulation E; ESIGN; FDCPA/Reg F; GLBA/Regulation P; UDAAP; and/or state law analogues
You adapt well to a rapidly changing business environment and thrive on innovation and change
You are comfortable in a legal support role that extends beyond delivery of advice to getting involved in the hands-on execution and implementation of legal advice with business partners
You can manage multiple transactions or tasks, take on new responsibilities, and advise on novel issues
You have the proven ability to develop collaborative relationships with internal partners and external customers, with comfort interacting with and influencing colleagues across departments and job levels
You have a high level of integrity and are able to have candid conversations with business leaders in support of your position if needed
You adapt style to differing audiences and often advise others on difficult matters

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 156,000-180,000. 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-HB1

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 [email protected].

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