At Lending Club, Elmer will focus primarily on compliance and the launch of new products, according to a press release. As a part of his new duties he will also be the general counsel and chief compliance officer of LC Advisors, a unit of Lending Club.
Most recently, Elmer was the general counsel and corporate secretary of Pricelock, a commodities technology company.
Before that, he spent nearly a decade at E-Trade working to advise that company's securities trading business and loan, mortgage and auto loan businesses.
"Lending Club's continued growth and success is a testament to the value of the asset class they have created," says Elmer, in a press release. "I am excited about what Lending Club is building and the products it offers for its customers. I look forward to putting my experience to work and contributing to their future innovations."