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TITLE

 

VP, Deputy Treasurer

COMPANY

 

Lending Club

LOCATION

 

San Francisco, CA, US

Description

LendingClub (NYSE: LC) was founded in 2007 under the belief that a technology and data-driven marketplace can improve the way people access and invest in credit, creating value for both sides. Since then, we've helped millions of Americans take control of their debt, pursue their dreams, and invest in their future – all in a fair, transparent, and affordable way. Today we’re the world’s largest online credit marketplace, facilitating billions of dollars in loans annually, and 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.

 

 

 

About the Role

 

The VP, Deputy Treasurer will provide financial and strategic decision support for LendingClub’s banking charter infrastructure. This position will report to the SVP, Treasurer, and will have the opportunity to lead the selection and implementation of LendingClub’s core banking platform. In addition to leading the strategic initiatives necessary for bank charter, the successful candidate will also have the opportunity to modernize Treasury processes, implementing an array of innovative electronic payments capabilities for the business. This is an incredible opportunity to lead LendingClub through this transition, further disrupting the way traditional banking is done.

 

 

What You'll Do

 

Electronic Funds Transfers

  • Assess current infrastructure for both corporate and customer transactions, considering:
    • Speed
    • Automation
    • Security
    • Scalability
    • Accessibility
    • Company revenue
  • Develop strategy to maximize value to customers and company
  • Further reduce volume of paper and manual transactions
  • Lead selection of core banking platform
  • Oversee integration with existing infrastructure (GL, loan servicing, etc.)
  • Design and implement FED account infrastructure:
    • Wires
    • Monitoring
    • Intra-day balance management / daylight overdraft
  • Update and maintain policies and procedures to reflect new practices, including SOX

 

Partnerships

  • Working with business development team in the area of electronic funds transfer, develop partnerships with companies aligned to LC mission
  • Oversee development of accessible and scalable third-party points of connection to LC platform
  • Explore and recommend use of blockchain technology to enhance core personal and auto loans business

 

Treasury Strategy

  • Assess organization for future state business needs
  • Develop and implement action plan for optimized organization

 

 

About You

 

  • Bachelor’s Degree in Finance, Accounting, or related field required; MBA a plus
  • 15+ years total work experience
  • 5+ years of experience in senior level management in financial services (banking, fintech, or consumer credit industry a plus)
  • Experience in analysis, forecasting systems review, and problem-solving with particular attention to detail
  • Certified Treasure Professional (CTP) designation a plus


LendingClub is an equal opportunity employer and dedicated to diversity and inclusion in the workplace. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender identity, sexual orientation, age, marital status, pregnancy status, veteran status, or disability status. We believe that a variety of perspectives will make our teams and business stronger as we work together to transform the traditional banking system​.

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