Third Party Risk Manager at Lending Club
San Francisco, CA, US

The Third Party Risk team works closely with the Procurement team and Risk and Business Stakeholders to onboard and manage vendors and other third parties, build strong business partnerships and facilitate risk management activities. Additionally, and most importantly, the Third Party Risk team acts as the second line of defense against risks associated with outsourcing services to third parties.



What You'll Do


This is a role that requires you to ask good questions to increase your knowledge and to find creative solutions to problems you have never encountered before. You are able to communicate complex ideas to senior leaders while being confident and concise, and practice good judgment in a professional setting. You manage your deadlines proactively and do not mind rolling up your sleeves to ensure even the smallest tasks are completed on time, but are able to see the big picture and contribute your ideas to further the success of the overall team.



Third Party Onboarding and Ongoing Monitoring

  • Perform risk assessment, review onboarding tickets, facilitate appropriate due diligence on third parties and review for accurately and completeness
  • Manage onsite audit program and perform onsite vendor audits, including creating the agenda, facilitating the onsite audit, and drafting and tracking findings to remediation
  • Support Procurement and Business Owners with onboarding of new vendors and communicate with all relevant stakeholders
  • Develop deep understanding of Third Party Risk program and processes and provide guidance to internal and external stakeholders
  • Track residual risks and work with internal stakeholders and vendors to remediate any risk related issues
  • Provide guidance for residual risk mitigation, residual risk acceptance and escalation and create presentations and reporting for consumption by senior management
  • Perform and facilitate ongoing monitoring activities by working with a variety of internal and external stakeholders
  • Support Third Party Risk projects as needed



Project Management:

  • Execute on strategic projects to further the maturity of the Third Party Risk program and ensure stakeholder buy in
  • SME on regulatory requirements and utilize creative problem solving and critical thinking skills to design program enhancements
  • Effectively communicate timelines and manage deliverables to achieve project objectives
  • Develop proficient understanding of Third Party Risk program and initiatives and provide guidance to internal and external stakeholders.  Full working knowledge of third party risk requirements which builds confidence in business leaders
  • Develop and document procedures and conduct training
  • Influence risk owners for best outcome of the business balancing risk and organizational effectiveness




  • Develop and enhance tools and procedures to support key Third Party Risk management stakeholders
  • Facilitate implementation and administration of technology processes and tools to support the Third Party Risk program
  • Facilitate integrations and data analysis across various Third Party Risk and Enterprise systems



Data Analysis and Reporting

  • Manage data to ensure all data is updated and relevant in line with both internal/external audit requirements
  • Pull and combine data from various systems and perform data analysis
  • Create reporting on the progress of third party risk initiatives and Key Risk Indicators (KRIs)
  • Establish and maintain reporting accuracy, consistency, data integrity and creation/distribution of scorecards, dashboards, and reports, as appropriate
  • Serve as administrator and point of contact to support Third Party Risk systems



Third Party Audits & Due Diligence:

  • Support investor and third party examinations as needed during periods of high volume, including regulatory exams
  • Provide guidance and help rationalize the scope of third party reviews with proper company stakeholders.  Coordinate documentation requests with multiple business partners and manage walkthrough meetings
  • Manage obstacles and identify effective solutions
  • Manage remediation plans to address examination findings and communicate exam results to management
  • Collect and analyze exam results to identify areas of risk or opportunities for improvement
  • Build, develop and maintain strong business relationships with business and technology partners



About You


  • Bachelor’s Degree
  • 5+ years of work experience in third party risk management, vendor management, and external audits
  • Ability to prioritize and handle multiple competing assignments with efficiency and accuracy and manage stakeholder expectations
  • Excellent verbal and written communication skills and exceptional interpersonal, and relationship building skills
  • Ability to work independently in a rapidly changing environment and adapt to change quickly with minimal supervision
  • Demonstrated quantitative and technological aptitude with extremely strong logical skills
  • Strong organizational skills and detail oriented
  • Ability to meet strict deadlines with excellent follow-up skills
  • Experience managing a team directly or managing project teams
  • Advanced proficiency with Microsoft Excel and PowerPoint required. Experience with databases and coding languages a plus
  • Knowledge of Information Security standards and practices 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​.

Keep up with the latest.

Get the latest updates from Norwest and insights into the venture capital world.