Sr Procurement Manager
About The Position
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.
Requirements
- 6+ years of experience in procurement, strategic sourcing, or vendor management
- 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
- 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
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
Benefits
- 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
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
