Full-Time

Associate Director of Procurement Management

Confirmed live in the last 24 hours

OneMain Financial

OneMain Financial

5,001-10,000 employees

Provides personal loans for consumers

Financial Services

Senior, Expert

Irving, TX, USA

Flexible Hybrid schedule.

Category
Procurement & Sourcing
Supply Chain Management
Operations & Logistics
Required Skills
Data Analysis

You match the following OneMain Financial's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Bachelor’s degree in supply chain management, Business Administration, or a related field
  • 7+ years of experience in Procurement, category management, or strategic sourcing, with a proven track record of success.
  • Strong understanding of category management principles Procurement processes, and best practices, including experience in RFP drafting
  • Strong analytical skills with the ability to analyze complex data and develop actionable insights.
  • Extensive experience engaging and influencing senior stakeholders and executive teams
  • Proven negotiation skills with experience in managing high value contracts and supplier relationships.
  • Demonstrated leadership skills, with a history of successfully managing cross-functional teams and driving enterprise-wide initiatives.
  • Excellent communication and interpersonal skills, with the ability to influence and collaborate with stakeholders at all levels.
  • Experience in managing cross-functional teams and leading strategic sourcing initiatives.
  • Strong project management skills, with the ability to manage multiple priorities and meet deadlines in a fast-paced environment.
  • High level of integrity and professionalism, with a commitment to ethical procurement practices.
Responsibilities
  • Develop and implement category strategies that drive value, cost savings, and quality improvements for the assigned category.
  • Conduct advanced market analysis to identify industry trends, supplier capabilities and competitive landscape within assigned categories.
  • Act as a strategic advisor to senior leadership, ensuring alignment between procurement initiatives and business priorities.
  • Identify and evaluate potential suppliers, negotiate contracts, and manage supplier relationships to ensure alignment with category strategy.
  • Build and maintain strong relationships with senior stakeholders, collaborating across operations, finance, and legal teams, to meet organizational objectives.
  • Lead the end to end sourcing process for the category, including the preparation and management of RFPs, supplier selection, and contract negotiations.
  • Develop performance metrics and reporting systems to measure procurement impact, communicating actionable insights to leadership.
  • Develop and maintain strong relationships with key suppliers to ensure long term partnership and continuous improvement.
Desired Qualifications
  • Master's degree in related field
  • Proficiency with procurement platforms such as Coupa

OneMain Financial provides personal loans to individuals, particularly those who may not qualify for traditional banking services due to lower credit scores or financial challenges. The company offers both secured loans, which require collateral like a car or home, and unsecured loans that do not. This variety allows OneMain to meet diverse financial needs, such as debt consolidation and home improvements. Revenue is generated through interest and fees on loans, and the company also utilizes a securitization platform called Springleaf Funding Trust to bundle and sell loans as securities, ensuring a continuous flow of capital for lending. OneMain distinguishes itself from competitors by focusing on customer-centric solutions, offering personalized financial support through its extensive branch network and online resources. The goal of OneMain Financial is to provide accessible financial solutions to clients, helping them improve their financial situations.

Company Size

5,001-10,000

Company Stage

IPO

Total Funding

N/A

Headquarters

Baltimore, Maryland

Founded

1912

Simplify Jobs

Simplify's Take

What believers are saying

  • AI-driven credit scoring models can reduce default rates and improve loan approvals.
  • Partnership with Pagaya enhances OneMain's lending capabilities and market reach.
  • Blockchain technology offers opportunities for secure and transparent loan processing.

What critics are saying

  • Increased competition from fintechs could erode OneMain's market share.
  • Rising interest rates may lead to higher default rates among nonprime borrowers.
  • Regulatory scrutiny on high-interest loans could reduce profitability for OneMain.

What makes OneMain Financial unique

  • OneMain specializes in serving nonprime consumers with limited access to traditional credit.
  • The company offers both secured and unsecured loans, catering to diverse financial needs.
  • OneMain's Springleaf Funding Trust securitization platform provides a steady capital stream.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

401(k) Retirement Plan

401(k) Company Match

Employee Stock Purchase Plan

Tuition Reimbursement

Paid Vacation

Paid Sick Leave

Paid Holidays

Paid Volunteer Time

Company News

PR Newswire
Feb 6th, 2025
Onemain Holdings To Present At Bank Of America Securities 2025 Financial Services Conference

NEW YORK, Feb. 6, 2025 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, announced today that Doug Shulman, Chairman and CEO, will present at the Bank of America Securities 2025 Financial Services Conference at 11:20 a.m. Eastern on Wednesday, February 12.Webcast InformationThe general public is invited to listen to the live audio webcast through the Investor Relations section of OneMain's website at http://investor.onemainfinancial.com .About OneMain Holdings, Inc.OneMain Financial (NYSE: OMF) is the leader in offering nonprime consumers responsible access to credit and is dedicated to improving the financial well-being of hardworking Americans. We empower our customers to solve today's problems and reach a better financial future through personalized solutions across 47 states, available online and in 1,300 locations. OneMain is committed to making a positive impact on the people and the communities we serve

PR Newswire
Jan 31st, 2025
Onemain Holdings, Inc. Reports Fourth Quarter 2024 Results

4Q 2024 Diluted EPS of $1.05. 4Q 2024 CI adjusted diluted EPS of $1.16. 4Q 2024 Managed receivables of $24.7 billion

PR Newswire
Jan 10th, 2025
Onemain Holdings Announces Date Of Fourth Quarter 2024 Earnings Release And Conference Call

NEW YORK, Jan. 10, 2025 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, plans to report its fourth quarter 2024 results before the market opens on Friday, January 31, 2025. The earnings release will be available on OneMain's investor relations website at http://investor.onemainfinancial.com .A conference call to discuss the company's results, outlook and related matters will be held that morning at 9:00 a.m. Eastern. The general public is invited to listen to the call by dialing 800-451-7724 (U.S

MarketBeat
Jan 7th, 2025
Range Financial Group LLC Invests $1.85 Million in OneMain Holdings, Inc. (NYSE:OMF)

Range Financial Group LLC invests $1.85 million in OneMain Holdings, Inc. (NYSE:OMF).

MarketBeat
Nov 28th, 2024
Quantbot Technologies LP Invests $2.57 Million in OneMain Holdings, Inc. (NYSE:OMF)

Quantbot Technologies LP invests $2.57 million in OneMain Holdings, Inc. (NYSE:OMF).

MarketBeat
Nov 27th, 2024
Dynamic Technology Lab Private Ltd Makes New $1.42 Million Investment in OneMain Holdings, Inc. (NYSE:OMF)

Dynamic Technology Lab Private Ltd makes new $1.42 million investment in OneMain Holdings, Inc. (NYSE:OMF).

Investing.com
Sep 20th, 2024
OneMain Holdings CEO sells $250,000 in company stock

In a surprising development, Aneek S. Mamik, a Board of Directors member, resigned from OneMain Holdings.

Investing.com
Sep 18th, 2024
OneMain Holdings executive sells shares worth over $225k

OneMain successfully secured $1.9 billion through debt issuances, underscoring its commitment to a robust regular dividend.

Business Wire
Aug 6th, 2024
Pagaya Announces New Lending Partnership with OneMain Financial

Pagaya announces new lending partnership with OneMain Financial.

PR Newswire
Jul 31st, 2024
Onemain Holdings, Inc. Reports Second Quarter 2024 Results

2Q 2024 Diluted EPS of $0.59. 2Q 2024 CI adjusted diluted EPS of $1.02. 2Q 2024 Managed receivables of $23.7 billion

PR Newswire
Jul 9th, 2024
Onemain Holdings Announces Date Of Second Quarter 2024 Earnings Release And Conference Call

NEW YORK, July 9, 2024 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, plans to report its second quarter 2024 results before the market opens on Wednesday, July 31, 2024. The earnings release will be available on OneMain's investor relations website at http://investor.onemainfinancial.com .A conference call to discuss the company's results, outlook and related matters will be held that morning at 9:00 a.m. Eastern. The general public is invited to listen to the call by dialing 800-343-1703 (U.S. domestic) or 785-424-1116 (international), and using conference ID 32259, or via a live audio webcast through our investor relations website

Defense World
May 14th, 2024
Benjamin F. Edwards & Company Inc. Makes New $36,000 Investment in OneMain Holdings, Inc. (NYSE:OMF)

Benjamin F. Edwards & Company Inc. makes new $36,000 investment in OneMain Holdings, Inc. (NYSE:OMF).