LendingClub
Sr Compliance Data Analyst
LendingClub, San Francisco, California, United States, 94199
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 Bank’s Compliance Department is seeking an experienced and qualified compliance professional to fill the role of Sr Compliance Data Analyst to support the data analytics needs of various Compliance functions. This role will report to the Sr Director, Enterprise Compliance Data Analytics and will be responsible for developing, implementing, and maintaining various reports and processes to mitigate fair lending risk and supporting the BSA/AML team to ensure appropriate coverage of the money laundering and terrorist financing risk posed to the institution. The Sr Data Analyst will partner with the credit risk teams and compliance leadership to ensure adherence to BSA/AML, Fair Lending, and other compliance regulations as required.
What You'll Do
Partner with the Fair Lending team to perform quantitative analysis and qualitative assessments of the fair lending risk associated with LendingClub’s credit models and overlays in accordance with the Fair Lending Standard.Aggregate data to validate statistical reviews for disparate impact (DI) across various product offerings and models.Perform ongoing monitoring using KPIs / KRIs to identify potential (DI), degradation of customer risk rating models and/or transaction monitoring utilized by the BSA/AML team, etc.Perform tests of statistical significance when established thresholds (such as Adverse-Impact Ratios) are breached.Conduct tuning of existing AML transaction monitoring and customer risk rating model/rules and develop new rules as needed.Collaborate with partners across Credit Risk, Compliance, and the BSA/AML team to deliver ad-hoc reporting.Use creativity, analytical expertise, and sound judgment to identify and mitigate risk.Assist in preparing periodic reporting materials for executive leadership.Assist in regulatory exam readiness and internal audit reviews.Perform UAT to support upstream data enhancements, new data pipelines, etc., that impact compliance analytics efforts.About You
2+ years of fair lending and/or BSA/AML experience in a regulated financial institution required; background in fintech preferred.Knowledge of and experience in the Equal Credit Opportunity Act, the Fair Housing Act, CRA and other laws and regulations related to fair and responsible banking OR Knowledge of and experience in BSA/AML laws and regulations, including but not limited to the Bank Secrecy Act, the USA PATRIOT Act, and OFAC/sanctions requirements.2-5 years of analytics experience with technical proficiencies in SQL, RStudio, Python, and/or SAS.Effective communicator who can tailor discussions to various audiences; ability to simplify complex analysis for non-technical audiences.Passion for driving change with an ability to navigate multiple high and sometimes competing priorities.Strong problem-solving skills and comfort working with ambiguity.Bachelor’s degree or higher in related field: Analytics, Data Science, Statistics, Computer Science preferred; or equivalent work experience.Experience with SolasAi and/or vendor BSA/AML alert generation and case management systems is a plus.Work Location
Lehi, San Francisco, or New York City. We are currently working a hybrid schedule and our teams are in-office Tuesdays, Wednesdays, and Thursdays.Time Zone Requirements
Primarily local time.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 82,000-125,000. The position is also eligible to receive a bonus (which is based on company performance, employee performance and eligible earnings) 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.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, 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.
#J-18808-Ljbffr
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 Bank’s Compliance Department is seeking an experienced and qualified compliance professional to fill the role of Sr Compliance Data Analyst to support the data analytics needs of various Compliance functions. This role will report to the Sr Director, Enterprise Compliance Data Analytics and will be responsible for developing, implementing, and maintaining various reports and processes to mitigate fair lending risk and supporting the BSA/AML team to ensure appropriate coverage of the money laundering and terrorist financing risk posed to the institution. The Sr Data Analyst will partner with the credit risk teams and compliance leadership to ensure adherence to BSA/AML, Fair Lending, and other compliance regulations as required.
What You'll Do
Partner with the Fair Lending team to perform quantitative analysis and qualitative assessments of the fair lending risk associated with LendingClub’s credit models and overlays in accordance with the Fair Lending Standard.Aggregate data to validate statistical reviews for disparate impact (DI) across various product offerings and models.Perform ongoing monitoring using KPIs / KRIs to identify potential (DI), degradation of customer risk rating models and/or transaction monitoring utilized by the BSA/AML team, etc.Perform tests of statistical significance when established thresholds (such as Adverse-Impact Ratios) are breached.Conduct tuning of existing AML transaction monitoring and customer risk rating model/rules and develop new rules as needed.Collaborate with partners across Credit Risk, Compliance, and the BSA/AML team to deliver ad-hoc reporting.Use creativity, analytical expertise, and sound judgment to identify and mitigate risk.Assist in preparing periodic reporting materials for executive leadership.Assist in regulatory exam readiness and internal audit reviews.Perform UAT to support upstream data enhancements, new data pipelines, etc., that impact compliance analytics efforts.About You
2+ years of fair lending and/or BSA/AML experience in a regulated financial institution required; background in fintech preferred.Knowledge of and experience in the Equal Credit Opportunity Act, the Fair Housing Act, CRA and other laws and regulations related to fair and responsible banking OR Knowledge of and experience in BSA/AML laws and regulations, including but not limited to the Bank Secrecy Act, the USA PATRIOT Act, and OFAC/sanctions requirements.2-5 years of analytics experience with technical proficiencies in SQL, RStudio, Python, and/or SAS.Effective communicator who can tailor discussions to various audiences; ability to simplify complex analysis for non-technical audiences.Passion for driving change with an ability to navigate multiple high and sometimes competing priorities.Strong problem-solving skills and comfort working with ambiguity.Bachelor’s degree or higher in related field: Analytics, Data Science, Statistics, Computer Science preferred; or equivalent work experience.Experience with SolasAi and/or vendor BSA/AML alert generation and case management systems is a plus.Work Location
Lehi, San Francisco, or New York City. We are currently working a hybrid schedule and our teams are in-office Tuesdays, Wednesdays, and Thursdays.Time Zone Requirements
Primarily local time.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 82,000-125,000. The position is also eligible to receive a bonus (which is based on company performance, employee performance and eligible earnings) 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.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, 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.
#J-18808-Ljbffr