Corporate Counsel at Lending Club (Westborough, MA)

Lending Club opened in 2007 with one simple mission: create a more efficient, transparent and customer-friendly alternative to the traditional banking system that offers creditworthy borrowers lower interest rates and investors better returns. Since then we’ve built a trusted brand with a track record of delivering exceptional value and satisfaction to both borrowers and investors. Today, we're the world’s largest online credit marketplace, and we’re radically changing the way lending operates - $1 billion at a time. We’re proud of the recognition we’ve received, including being named one of Forbes’ America’s Most Promising Companies three years in a row, a 2012 World Economic Forum Technology Pioneer, and one of The World’s 10 Most Innovative Companies in Finance by Fast Company in 2013. We’re super conveniently located in downtown San Francisco, California.



The Role



Lending Club’s Legal Department is seeking talented candidates for a position as a Corporate Counsel in support of the Springstone Financial subsidiary. Based in Westborough, MA. The Corporate Counsel will be responsible for the delivery of day-to-day legal support for Springstone’s business.The successful candidate must have outstanding communication skills, an ability to anticipate and deliver on the needs of a fast-paced and innovative business and be solution-oriented.

-Provide legal support on Springstone issues as a trusted advisor and partner to the senior management team, including consumer finance matters and bank partner and provider network management arising from the company’s elective medical procedures and private education markets



- Support delivery of legal counsel and expertise on the development of new products and services, consumer finance laws and regulations, marketing, account servicing and other business matters



-Provide leadership on the development and implementation of operational and risk management processes and procedures



-Partner closely with Audit, Compliance and Risk teams to ensure comprehensive risk support



-Escalate issues, as appropriate, within Legal team and partner collaboratively to identify issues and share potential concerns and ideas with team members



-Collaborate with Legal and business teams in support of various Lending Club corporate and strategic matters, such as contracting and HR matters



-Manage the successful delivery of services by outside counsel



Qualifications

Basic Qualifications:

- J.D. degree and a state bar member in good standing

- At least 4 years of combined law firm, government and/or in-house legal department experience

- At least 2 years of experience in consumer finance law and regulations

Preferred Qualifications:

- Demonstrated expertise in certain of the legal and regulatory requirements applicable to loans made through Lending Club’s platform, such as TILA/Regulation Z, ECOA/Regulation B, FCRA, FDCPA, SCRA, BSA, EFTA and/or GLBA

- Ability to quickly understand the business’ needs and partner with the business, members of the in-house Legal team and other internal groups to create solutions and efficiently deliver team results

- 3+ years of experience in an in-house legal department or other work setting in which candidate supported client groups in the consumer finance industry

- Excellent interpersonal, communication and influencing skills

- Proven ability to develop collaborative relationships with internal partners and external customers, with comfort interacting with associates across departments and job levels



Lending Club is an equal opportunity employer committed to diversity in the workplace. Lending Club promotes a drug-free workplace. All qualified applicants will receive consideration for employment without regard to sex, race, color, religion, national origin, protected veteran status, or disability status.