Community Reinvestment Act (CRA) Officer/Director

Current Employees of LendingClub: Please apply via your internal Workday AccountLendingClub 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 RoleLendingClub Bank's Compliance Department is seeking an experienced and qualified compliance professional to fill the role of Community Reinvestment Act (CRA) Officer. The CRA Officer will report to the Chief Compliance Officer (CCO) and will be responsible for developing, implementing, and administering all aspects of the Bank's CRA Compliance Program. The CRA Officer will help set the Bank's CRA strategy and will work with senior leaders across the business to implement programs and activities designed to meet the needs of the communities it serves, particularly as it relates to low- and moderate-income individuals, families, and neighborhoods.What You'll DoGeneral duties of the CRA Officer include but are not limited to the following:In collaboration with the CCO and Bank's Executive Leadership Team, you will develop the Bank's CRA strategy (multi-year), which may include a CRA Strategic Plan as approved by the Bank's primary federal regulator (OCC).Oversee the ongoing execution of the Bank's CRA strategy to measure performance against goals and make any adjustments to ensure the Bank remains on track to receive a "Satisfactory" or better CRA performance rating.Chair the Bank's Community Reinvestment Committee to assist the board and executive leadership in its ongoing oversight and administration of the Bank's compliance with the CRA and execution of the Bank's CRA strategy.Prepare reports for the Bank's Community Reinvestment Committee, and as needed other Bank governance committees, on the Bank's performance against its CRA strategy and provide guidance on activities to align performance with defined objectives and performance metrics.Analyze and report on personal loan metrics to ensure an appropriate percentage of personal loans are being made to low- and moderate-income individuals, within low- and moderate-income census tracts, and within distressed or underserved census tracts.Ensure data regarding the Bank's residential mortgage loans and small business loans are captured, validated, and reported as required under the data collection and reporting requirements of the CRA.Maintain the Bank's CRA public file and respond to any requests for information required to be made available to the public, including the Bank's most recent CRA Performance Evaluation.Conduct regular and extensive community outreach in the Bank's CRA assessment areas to identify credit, service, and other needs within the community and work with senior management to develop programs and set goals to meet those needs through the Bank's CRA strategy.Work with for-profit and not-for-profit organizations to identify opportunities to extend loans or make investments in facilities that promote community development within the Bank's defined assessment areas, consistent with the safe and sound banking practices.Manage the Bank's CRA donations budget, ensuring requests for charitable contributions are from qualified not-for-profit organizations that provide impactful services to support to low- and moderate-income individuals, families, or neighborhoods.Identify employee volunteer opportunities that qualify as community development service and work with senior leaders and the company's "Doing Good Program" administrator to promote opportunities and sign up volunteers in alignment with the Bank's goals for per-employee CRA service hours.Ensure the Bank's enterprise training curricula includes sufficient and appropriate training for employees and the board regarding CRA.Serve as the primary contact for CRA audits and regulatory examinations (Performance Evaluations) and spearhead any required corrective actions or remediation efforts.Manage and direct subordinate staff in their duties and responsibilities and foster professional growth and development.Perform any other duties as assigned by the CCO.About YouExperience and qualifications for the CRA Officer role include the following:You have 10+ years of CRA experience in a regulated financial institution, including direct experience as a CRA Officer or leader.Extensive knowledge of and experience in CRA lending, investment, and service; strong knowledge of consumer protection laws and regulations, consumer and small business lending operations, and community and economic developmentBachelor's or higher degreeExcellent communicator across different audiences with the ability to adjust communication style as appropriate; ability to simplify complex topics and distill information down to essential points for a non-technical audienceStrong organization, analytical, and planning skills; ability to maintain multiple projects without compromising qualityYou have experience leading and managing staff, including training, development, and performance managementCertified Regulatory Compliance Manager (CRCM) preferred or experience as a federal bank examiner with a focus on consumer compliance and community reinvestmentWork LocationSan 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 If you need to travel for work, LendingClub will cover your travel related expenses. CompensationThe target base salary range for this position is 120,000-175,000. 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-AW1LendingClub 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.