Assistant General Counsel, Regulatory

Lending Club

Lehi, UT, US
  • Job Type: Full-Time
  • Function: Legal
  • Post Date: 06/01/2021
  • Website:
  • Company Address: 71 Stevenson Street Suite 300, San Francisco, CA, 94105

About Lending Club

LendingClub is America's largest online marketplace connecting borrowers and investors, facilitating personal loans, business loans, and financing for elective medical procedures and K-12 education and tutoring.

Job 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, and the only full-spectrum fintech marketplace bank. Members can gain access to a broad range of financial products and services through a technology-driven platform, designed to help them pay less when borrowing and earn more when saving. Since 2007, more than 3 million members have joined the Club to help reach their financial goals. We’re leading the governance of a new industry by developing ethical, responsible ways to bring greater value and better opportunities to our members. Everyone deserves a better financial future and our team is committed to making that a reality. Come join us!

About the Role

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 deposits and banking operations as well as assist with other aspects of our business including consumer lending matters.
  • 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 and commercial deposits and deposit operations, consumer finance and other laws and regulations applicable to our business, third party management activities, marketing materials, and drafting and negotiating partnership and other business agreements.
  • You will assist in monitoring and analyzing federal, state, and local regulatory developments concerning deposit taking, lending, banking 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 deposits and the other banking 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.

About You

  • J.D. from an accredited law school and licensed, in good standing, in one or more states to practice law (not necessary to be licensed in the states where LendingClub Bank and its affiliates have offices).
  • You must have at least 8 years of combined law firm, government and/or in-house legal department experience in a bank or financial technology company (with direct experience in these areas).
  • You should have at least 5 years of experience in consumer deposit and finance law and regulations.
  • You must have demonstrated experience advising on some or all of the following laws and regulations: TISA/Regulation DD; Regulation CC; Federal Reserve Regulation D; TILA/Regulation Z; Bank Secrecy Act; ECOA/Regulation B; FCRA/Regulation V; EFTA/Regulation E; ESIGN; and/or state law analogues; UDAAP; and GLBA/Regulation P.
  • 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.
  • Preference is given to those with managerial experience and other bank regulatory support experience (e.g. bank governance).

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]

Related Jobs

Principal Software Engineer

Lending Club - RemoteSan Francisco, CA, US

Sr Automation Engineer

Lending Club - San Francisco, CA, US

Sr Java Software Engineer

Lending Club - San Francisco, CA, US

Lead Software Engineer

Lending Club - San Francisco, CA, US

Sr Accounting & Financial Reporting Manager

Lending Club - San Francisco, CA, US
Disclaimer: Local Candidates Only
This company does NOT accept candidates from outside recruiting firms. Agency contacts are not welcome.