Sr Procurement Manager

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

The Sr Procurement Manager plays a critical role in driving strategic sourcing, negotiation, and vendor management initiatives across LendingClub. In this role, you will lead complex procurement efforts, partnering closely with senior business stakeholders, Legal, and Risk to align sourcing strategies with enterprise goals.

You’ll oversee the full vendor lifecycle — from category strategy and sourcing through contracting, governance, and performance management — ensuring vendor engagements deliver measurable value, reduce risk, and support long-term business growth. The ideal candidate brings a strategic mindset, strong financial acumen, and the ability to influence and collaborate across multiple levels of the organization.

What You'll Do

• Strategic Sourcing Leadership : Partner with stakeholders to develop and execute category strategies that optimize cost, quality, and risk across diverse spend areas such as Technology, Operations, Marketing, Professional Services, and Facilities
• Stakeholder Partnership : Build strong relationships with executive and senior-level stakeholders to align procurement initiatives with business objectives and operational priorities
• Negotiation Excellence : Lead complex, high-value negotiations to secure favorable pricing, commercial terms, and SLAs that drive value creation and cost savings
• Contract Strategy & Governance : Oversee contract development and lifecycle management, ensuring alignment with company policy, regulatory standards, and risk controls
• Financial & Performance Optimization : Apply advanced financial and analytical modeling to identify savings opportunities, track performance metrics, and continuously improve vendor economics
• Vendor Risk & Due Diligence : Partner with Risk, Compliance, and Legal to evaluate vendor performance, conduct risk assessments, and manage due diligence and audit readiness
• Process Improvement & Efficiency : Drive continuous improvement of sourcing processes, tools, and methodologies to enhance speed, transparency, and stakeholder satisfaction
• Team Mentorship & Leadership : Provide guidance and mentorship to procurement team members, promoting best practices in negotiation, stakeholder engagement, and supplier management

About You

Work Location

San Francisco or Lehi

The above locations are eligible offices for this role. The locations have been determined to foster in-person collaboration with this role’s team or the related business lines. We utilize a hybrid work model, and our teams are in-office Tuesdays, Wednesdays, and Thursdays. In-person attendance is essential for this role’s success, and remote placement will not be considered. LendingClub offers relocation, based on actual job level.

Time Zone Requirements

Local hours (PT, 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 115,000-159,000. 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 LendingClub’s 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).

We’re 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.