Sr Director, Procurement
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Monthly Salary:
Posted on:
2 days ago
Vacancies:
1 Vacancy
Job Summary
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
We are looking for a Sr Director of Procurement to lead the enterprise procurement function driving a high-performing team while leading strategic transformation across vendor onboarding contracting and third-party engagement. This role will own the end-to-end implementation of a Contract Lifecycle Management (CLM) platform and modernize procurement processes to improve efficiency compliance scalability and stakeholder experience.In this role you will serve as a key partner to Legal Finance Risk Compliance the Business and Technology ensuring procurement enables business growth while maintaining strong governance and cost discipline.
What Youll Do
Procurement Leadership & Team Management
- Lead mentor and develop the procurement team establishing clear roles performance expectations and career growth paths
- Set the strategic direction for procurement aligning priorities with business objectives and enterprise initiatives
- Establish best-in-class procurement policies controls and operating procedures
Vendor Onboarding Transformation
- Design and lead a transformation of the vendor onboarding process to improve speed transparency and stakeholder experience
- Partner closely with Legal Compliance Risk InfoSec Finance and IT to streamline third-party due diligence and approval workflows
- Standardize vendor intake risk tiering and approval criteria while ensuring regulatory and policy compliance
- Define and track KPIs for onboarding efficiency cycle times and vendor satisfaction
Contract Lifecycle Management (CLM) Implementation
- Own the end-to-end CLM implementation project from requirements gathering Serve as executive sponsor for the CLM tool coordinating across Procurement Legal IT and business stakeholders
- Lead vendor selection (if applicable) implementation planning change management and user training
- Ensure the CLM solution integrates effectively with procurement finance and vendor management systems
- Drive adoption and continuous improvement post-implementation
Strategic Sourcing & Vendor Management
- Oversee strategic sourcing initiatives contract negotiations and supplier performance management
- Develop frameworks for vendor segmentation risk management and cost optimization
- Partner with senior business leaders to support complex high-value and high-risk vendor engagements
Stakeholder Partnership & Governance
- Act as a trusted advisor to executive leadership on procurement strategy vendor risk and spend optimization
- Ensure procurement practices align with regulatory audit and compliance requirements
- Support internal audits regulatory exams and third-party risk assessments related to procurement and vendor management
About You
- 12 years of experience in procurement sourcing or vendor management including senior leadership roles
- Experience leading procurement or vendor-related transformations at scale
- Experience leading enterprise technology implementations including CLM preferred
- Strong people leadership experience with a track record of building and developing teams
- Experience partnering closely with Legal Finance Risk Compliance and Technology teams
- Background in financial services fintech or other highly regulated environments
- Strong change management and process design experience
- Strategic mindset with executive presence
- Data-driven approach with experience defining and managing KPIs
- Strong negotiation and vendor management skills
- Bachelors degree in a related field or equivalent work experience
Nice to Have
- Experience building procurement functions in high-growth or transformation environments
- Familiarity with third-party risk frameworks and regulatory expectations
Work Location
Lehi
The above locations are eligible offices for this locations have been determined to foster in-person collaboration with this roles team or the related business lines. We utilize a hybrid work model and our teams are in-office Tuesdays Wednesdays and -person attendance is essential for this roles success and remote placement will not be offers relocation based on actual job level.
Time Zone Requirements
Primarily MT
While the position will primarily work local hours LendingClub is headquartered in Pacific Time and our ideal candidate will be flexible working across time zones when necessary.
Travel Requirements
As needed travel to LendingClub offices and/or other locations as needed.
Compensation
The target base salary range for this position is 00. The base salary of the role will be determined by job-related knowledge experience education skills and location. Base salary is just one part of LendingClubs Total Rewards package. You may also be eligible for long-term awards (equity) and an annual bonus (which is based on company performance employee performance and eligible earnings).
Were 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-NT1
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
Required Experience:
Exec
Key Skills
About Company
We’re rewriting the rules of traditional banking, and we only win when our customers succeed. Personal loans up to $60,000, savings, CDs and more. Check your rate online in minutes without impacting your credit score.
