OneMain Financial
Offers secured and unsecured personal loans
Branch Manager
+ Performance-based additional compensation
On-site during standard business hours, with occasional extended hours and possible Saturday shifts.
About the job
- A High School Diploma or General Educational Development (GED) credential is required.
- Leadership experience with coaching and leading a team is required.
- Proven experience meeting sales goals is required.
- The ability to obtain insurance licensing within six months of the start date is required where applicable.
- A college degree or experience with underwriting, credit decision-making, or related financial industry experience is preferred.
- Build a customer-focused environment, ensuring all lending options are presented and modeling excellence in service.
- Conduct engaging meetings that motivate and align the team with branch goals.
- Manage training on branch operations, compliance, and collections, providing real-time coaching to ensure team members effectively apply their knowledge.
- Oversee collection activities, consult with customers on overdue accounts, and develop mutually beneficial solutions.
- Attract and cultivate high-quality, diverse talent to build a strong team aligned with company values and goals.
- Provide actionable feedback to support team members' growth and promote a culture of continuous improvement.
- Inspire high performance while ensuring adherence to policies and regulations.
- Prioritize and resolve issues efficiently, using strategic thinking to adapt to challenges.
- Work closely with peers and management, remain open to feedback, and continuously seek professional growth.
- A college degree or experience with underwriting, credit decision-making, or related financial industry experience.
About the company
OneMain Financial provides personal loans to individuals in the United States, specifically targeting those who may not qualify for traditional bank loans due to lower credit scores. The company offers both secured loans backed by collateral and unsecured loans, generating revenue through interest, fees, and a securitization platform that sells bundled loans to investors. Unlike many competitors, OneMain maintains a large physical branch network to provide personalized service alongside its online tools. Its goal is to provide accessible financial solutions and credit resources to a broad range of borrowers while maintaining a steady stream of lending capital.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Baltimore, Maryland
Founded
1912
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Simplify's Take
What believers are saying
- Q2 2026 originations rose 10% and managed receivables hit $26.9 billion.
- July 2026 credit cards grew 44% and auto originations climbed 19%.
- August 2026, OneMain priced $600 million of 7.125% notes, extending funding.
What critics are saying
- March 16 2026, thirteen states sued OneMain over hidden add-ons and junk fees.
- Q2 2026 reserves reached 11.6% while consumer loan net charge-offs stayed elevated.
- That ruling could force a model reset and push OneMain into retrenchment.
What makes OneMain Financial unique
- OneMain combines 1,300+ branches with digital origination, serving borrowers big banks ignore.
- Its secured and unsecured personal loans let it underwrite risk dynamically by collateral.
- Springleaf Funding Trust securitizations diversify funding and recycle capital into new loan growth.
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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
Growth & Insights and Company News
6 month growth
↑ 4%1 year growth
↑ 4%2 year growth
↑ 4%Archwell Capital taps Mike Middleman to scale investment portfolio. RADNOR, PA - Archwell Capital named mortgage industry executive Mike Middleman chief executive officer as the private investment manager moves to scale businesses employing more than 10,000 people and deploy additional capital across financial services, real estate, technology and professional sports. Middleman will oversee the expansion of Archwell Capital's existing investments and operating companies while directing new investment across mortgage, insurance, commercial real estate, professional sports and other markets in which the firm operates. The appointment is part of a broader leadership restructuring that also adds executives overseeing operations, finance, investments, strategy, artificial intelligence, legal affairs and human resources. Discover more Read Community News real estate Archwell Capital, founded in 2013, has made more than 40 current and former investments. Its wholly owned businesses serve hundreds of corporate clients globally, according to the company. Middleman joins the CEO role after a decade in senior leadership at Freedom Mortgage, where he remains vice chairman. He also co-founded Moder, an Archwell Capital business intelligence company that uses AI and operations teams to work with financial institutions, and remains its executive chairman. He has also been involved in building BrightCover, Archwell Capital's insurance business. "Archwell Capital is an investment management company built by operators," Middleman stated. "People who have been in the guts of successful businesses and know how to grow them, enabling us to provide active capital to the companies we incubate, build, and in which we invest." Middleman holds bachelor's degrees in finance and accounting from Hofstra University and an MBA from the Wharton School at the University of Pennsylvania. Archwell also named James Blanco chief operating officer and president of Archwell Reinsurance. Blanco previously was a senior managing director in Guggenheim Partners' financial services practice and an executive vice president at OneMain Financial, after earlier roles in debt capital markets and corporate finance at Barclays Bank. Raj Patel was appointed chief financial officer, overseeing financial strategy, planning and reporting. He previously led the finance function at Freedom Mortgage for several years. Discover more Compare Investment Apps Browse Home Listings Access Premium News Jordan Glick was named chief investment officer, responsible for investment strategy and oversight across Archwell's real estate, sports and early-stage investments. Matt Harbus was appointed chief strategy officer after previously serving as an executive vice president at Freedom Mortgage, where his responsibilities included origination sales and a servicing contact center covering more than $650 billion in loans. He has also overseen Archwell's technology work, including Moder's partnership with Palantir Technologies. Kristin McHale-Johnson was named chief AI officer in the Office of the CEO, working with Archwell operating companies on technology strategy and industry partnerships. Kat Rugge was appointed chief people officer, with responsibility for talent, culture and organizational design across the investment firm and its operating companies. Melissa Rubenstein was named general counsel, overseeing legal and compliance functions. She previously spent more than 20 years in private practice at a multinational law firm serving financial-services clients and later served as general counsel for a multistate construction company in a regulated industry. Archwell Capital is headquartered in Fort Lauderdale, FL, and has opened a new flagship office in Radnor, PA. Discover more Download Interactive Maps Build Investment Portfolios Download Travel Guides Support the local news that supports Chester County. MyChesCo delivers reliable, fact-based reporting and essential community resources - free for everyone. If you value that, click here to become a patron today.
Wall Street analysts have issued bearish price targets for several stocks, signalling serious concerns about their prospects. StockStory conducted independent analysis to identify buying opportunities and companies to avoid. The firm recommends avoiding Envista Holdings, a global dental products company. Its revenue grew just 3.4% annually over five years, whilst earnings per share fell 7% annually. Negative returns on capital suggest growth strategies have backfired. StockStory also advises caution on OneMain Holdings, which provides personal loans to nonprime consumers. Despite 5.5% annual revenue growth over five years, earnings per share declined 9.3% annually. The firm identifies Oscar Health, a technology-focused health insurance company founded in 2012, as a potential buying opportunity despite Wall Street's pessimism.
OneMain Finance Corporation, a subsidiary of OneMain Holdings, has entered into an underwriting agreement to issue $600 million of 7.125% senior notes due 2034. The transaction is being underwritten by Barclays Capital and BMO Capital Markets. The offering is expected to close on 20 August 2026, subject to customary conditions. Net proceeds will be used for general corporate purposes, including potential debt repurchases or repayment. OneMain Holdings operates in the consumer finance industry, providing personal loans and financial services to non-prime consumers. The underwriters and their affiliates maintain existing investment banking and financing relationships with OneMain, including participation in previous asset-backed note offerings and lending arrangements.
OneMain Financial is selling $750 million in notes through its latest securitisation, backed by non-revolving personal loans primarily secured by automobiles and other titled personal property such as boats and trailers. The transaction, OneMain Financial Issuance Trust 2062, features the smallest pool of personal loans by loan count and the shortest revolving period since April 2024, according to Kroll Bond Rating Agency. The asset-backed securities will be offered through four tranches of class A, B, C and D notes, with initial credit enhancement levels of 32.75%, 27.85%, 21.75% and 10.45% respectively. All notes have a legal final maturity date of 14 January 2038.
OneMain Holdings reported second-quarter revenue of $1.29 billion, beating analyst expectations by 1.4% and marking 6.9% year-on-year growth. The consumer finance company's adjusted earnings per share of $1.31 exceeded consensus estimates by 3.9%. CEO Douglas Shulman attributed the performance to product innovation in auto finance and credit cards, alongside improving delinquency trends. Originations rose 10% year-on-year, whilst customer accounts surpassed 4 million—a 14% increase driven by newer product offerings. The company maintained its full-year managed receivables growth guidance of 6% to 9%. Management emphasised ongoing investments in technology, data analytics, and controlled AI deployment to enhance underwriting and operational efficiency. Auto finance originations grew 19%, whilst the BrightWay credit card portfolio showed strong account growth with operating costs per account declining approximately 25% year-on-year.