Sr. Manager, Third Party Risk

The Third Party & Vendor Management team has several functional areas: Sourcing, Third Party Reporting, Procurement and Travel. The team’s goal is to maximize third party performance and value through strong business and stakeholder partnerships, from vendor selection and contracting through ongoing monitoring and off boarding.

Job Description:

This position will be primarily responsible for i) gathering third party and vendor data from multiple sources, ii) proactively maintaining the data to ensure data integrity, and iii) creating and delivering scheduled or ad hoc reports on Lending Club’s third party portfolio. The Third Party Reporting & Audit, Sr. Manager, will be the primary contact for internal and external audit requests, coordinating timely delivery of responses. This role will also work closely with category managers who partner with business stakeholders to manage third party risk and provide value add services such as using data to drive business decisions.

Responsibilities:

Reporting:

  • Ensure data integrity in the Third Party Risk Management and Contract Management tools
  • Analyze data and convert data into impactful presentations on key metrics, trends and analysis
  • Create and schedule required reporting for internal and external use and reporting
  • Create vendor/partner portfolio dashboards, including metrics to illustrate progress against goals to support team activities
  • Create and utilize reports to track key third party management performance indicators, including vendor performance results for various levels of management and governing committees
  • Create, update and maintain third party risk management documentation and procedures, including maintaining related procedural documentation
  • Maintain and update third party relationship contacts
  • Respond to, and participate in, all audit requests
  • Proactively collaborate with Risk SMEs to further enhance third party risk reporting
  • Assist with ad hoc requests

Optimization of Economics:

  • Create professional dashboards to present metrics and results to management
  • Drive continual productivity improvement
  • Partner with category managers to use data to drive sourcing strategies

Process and Execution:

  • Develop, select and/or implement technology processes and tools to support the Third Party & Vendor Management program
  • Continually explore new ideas/technologies to optimize performance, efficiency and transparency

Requirements:

  • 7+ years of strategic sourcing, procurement or vendor management experience, in a high growth technology environment (preferred)
  • Superior interpersonal and presentation skills
  • Nimble with ability to take decisive action to address business needs that meet corporate business objectives
  • Strong management skills, including communicating, negotiating, directing, planning, organizing and problem solving
  • Proven track record of success in prior roles
  • Client focused with proven ability to partner effectively across all levels of an organization and influence thinking and outcomes
  • Demonstrated problem-solving, quantitative, and analytical skills; strategic and creative thinking
  • Exceptional project management skills with strong attention to detail
  • Must be self-directed, able to work independently, as well as work in a team-oriented and fast-paced environment
  • Understanding financial institutions regulations a plus
  • Expert level Excel and PowerPoint skills
  • Bachelor’s degree from top tier university; MBA preferred
  • Professional accreditation in sourcing or procurement a plus

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