LendingClub · 6 hours ago
Sr Procurement Manager
San Francisco, CA
Full-time
Onsite
Senior Level
6+ years expLendingClub Corporation is the leading digital marketplace bank in the U.S., committed to helping members secure loans and achieve financial goals. The Sr Procurement Manager will drive strategic sourcing, negotiation, and vendor management initiatives, overseeing the full vendor lifecycle to ensure engagements deliver measurable value and support long-term business growth.
LendingFinanceFinTechConsumer LendingCreditFinancial ServicesPeer to PeerPersonal Finance
Responsibilities
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
Qualification
Required
6+ years of experience in procurement, strategic sourcing, or vendor management
Exceptional communication, influencing, and executive presentation skills — capable of driving alignment and decisions across senior stakeholders
Strong project management skills, with the ability to manage multiple priorities in a fast-paced, dynamic environment
Deep understanding of supplier risk management, contracting principles, and procurement analytics
Familiarity with federal regulations impacting financial services (FDCPA, TCPA, OCC, etc.) and experience managing compliance within vendor relationships
Strategic thinker with a proactive, collaborative, and solution-oriented mindset
Preferred
Proven success leading complex sourcing initiatives and cross-functional negotiations within regulated industries; financial services experience strongly preferred
Bachelor's degree or professional certification (CPSM, CSCP, CPM) strongly preferred; or equivalent work experience
Company
LendingClub
Since our founding in 2007, we have transformed the banking industry by bringing a traditional credit product - the installment loan - online and we’ve been on the fast track ever since.
1001-5000 employees
H1B Sponsorship
LendingClub has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2023 (3)
2022 (26)
2021 (19)
2020 (106)
Funding
Current Stage
Public CompanyTotal Funding
$392.23MKey Investors
CapitalG,Foundation CapitalKleiner PerkinsThomvest Ventures,Union Square Ventures
2017-04-09Post Ipo Equity
2014-12-11IPO
2014-08-22Series Unknown
Leadership Team
Scott Sanborn
CEO
Drew LaBenne
Chief Financial Officer
Recent News
p2p-banking.com
2025-12-24
Company data provided by crunchbase