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Strategic Advisor·Specialty Finance

Kathryn Reimann

Board Director; Senior Advisor at LendingClub; Oliver Wyman

New York, NY

KR
LinkedIn
Why they matter

A two-decade bank CCO (Citi, Amex) now sits on a public digital bank's board and advises Oliver Wyman clients on lending compliance and regulatory risk.

Background

Kathryn S. Reimann spent more than two decades as a large-bank Chief Compliance Officer, serving as CCO and Managing Director for Citibank, N.A. and Citi's Global Consumer Banking business from 2006 to 2018, after holding the same title at American Express and Lehman Brothers. She joined the board of LendingClub (now Happen, Inc., Nasdaq: HAPN) in August 2022 and is currently a Senior Advisor at Oliver Wyman focused on regulatory compliance, governance, and risk, alongside an adjunct faculty role at NYU School of Law.

Notable deals

  • 2006
    Hired by Citigroup as head of compliance for its global consumer group, launching a 12-year run as Citibank N.A. Chief Compliance Officer
  • 2016
    Elected a member of the American Law Institute, its body of judges, lawyers and academics that shapes U.S. legal principles
  • 2022
    Appointed to the Board of Directors of LendingClub Corporation, joining the Audit, Credit Risk and Finance, and Operational Risk committees

Call-prep brief

Background

  • 25+ years as Chief Compliance Officer at Citibank N.A./Citi Global Consumer Banking (2006–2018), American Express, and Lehman Brothers.
  • JD from NYU, undergraduate from Princeton's Woodrow Wilson School; clerked for the NJ Supreme Court.

Current focus

  • Board Director at LendingClub, which rebranded as Happen, Inc. / Happen Bank in June 2026 and moved to Nasdaq (HAPN) — she sits on Audit, Credit Risk & Finance, and Operational Risk committees, giving her a board-level view of consumer lending risk through a major brand transition.
  • Senior Advisor at Oliver Wyman on regulatory compliance, governance, and bank supervisory issues.
  • Adjunct professor at NYU and University of Miami law schools; regulatory advisor to compliance-tech startup Hummingbird.

What she cares about

  • Building durable compliance/control infrastructure inside fast-innovating fintech and digital-bank platforms, not just checkbox regulatory response.
  • Governance quality and board oversight of credit and operational risk.

Sensitivities

  • As a sitting public-company director, she'll likely decline to discuss LendingClub/Happen-specific nonpublic matters or anything that could be read as board confidential information.
  • Any conflict with Oliver Wyman client relationships should be screened before the call.

Questions to ask

  1. How is Happen Bank's board thinking about compliance risk differently now that it's a bank holding company with deposits, versus its marketplace-lending roots?
  2. What separates fintech lenders that pass OCC/CFPB exams cleanly from those that get consent orders?
  3. Where do RegTech tools like Hummingbird actually move the needle versus adding overhead?

Outreach draft

Subject
Quick call on lending compliance and board risk
Hi Kathryn, I'm reaching out from a private equity team evaluating opportunities in specialty finance and consumer lending. Given your background as Citibank and American Express's Chief Compliance Officer, and your current work with LendingClub's board and Oliver Wyman's financial services practice, I'd value your perspective on how digital lenders and banks are managing regulatory and credit risk right now. Would you have 20-30 minutes in the next couple of weeks for a call? Happy to work around your schedule, and can share more on the specific companies we're looking at. Best, [Your Name]

Linked companies

Sources