Full-Time

Area Sales Manager-Auto

Posted on 3/4/2025

OneMain Financial

OneMain Financial

5,001-10,000 employees

Consumer lending specializing in personal loans

Compensation Overview

$100k - $130k/yr

+ Additional Compensation Program + Bonus

Mid, Senior

Sacramento, CA, USA

Travel 50-75% of the time across the U.S. for key dealer visits, dealer ride-alongs, trade shows, and marketing events.

Category
Field Sales
Sales & Account Management
Required Skills
Sales
Customer Service
Requirements
  • High School Diploma or GED
  • 3-5 years of experience in a fast-paced sales environment, preferably within the auto dealer and finance industry
  • Proven track record of consistently meeting or exceeding sales goals
  • Strong consultative and analytical sales approach, with the ability to influence and persuade
  • Excellent communication skills (verbal, written, and interpersonal)
  • Skilled in mentoring and coaching
  • Access to reliable internet, telephone service, and a dedicated home office or workspace
Responsibilities
  • Manage and grow a designated sales territory with an entrepreneurial mindset
  • Recruit, hire, onboard, and develop sales talent
  • Lead, coach, and mentor a sales team to prospect for new dealer partners, present, and sell OneMain products and services
  • Execute daily, weekly, monthly, and quarterly routines, including 1:1 meetings, team huddles, and department meetings
  • Collaborate with management to analyze current and future sales prospects and market trends
  • Provide regular sales activity and results reports to management
  • Partner with internal teams to ensure efficient loan processing and keep key stakeholders informed on program activities
  • Monitor competitive landscape, including pricing, products, and marketing strategies
  • Resolve customer complaints by investigating issues, recommending solutions, and preparing reports for management
  • Exhibit professionalism, deep product knowledge, and exceptional customer service
Desired Qualifications
  • Bachelor’s degree in business or related field
  • Proven ability to manage and coach a team, fostering relationships with dealers that drive repeat business

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 steady flow of capital for further 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

Headquarters

Baltimore, Maryland

Founded

1912

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased investor interest in securitization boosts OneMain's capital-raising opportunities.
  • Focus on digital lending platforms expands OneMain's reach and operational efficiency.
  • AI in credit scoring offers more accurate assessments, potentially reducing default rates.

What critics are saying

  • Competition from fintechs with lower rates could erode OneMain's market share.
  • Rising interest rates may increase borrowing costs, reducing loan demand.
  • Potential regulatory changes could impose stricter compliance on nonprime lending practices.

What makes OneMain Financial unique

  • OneMain specializes in personal loans for nonprime customers, a niche market.
  • The company offers both secured and unsecured loans, providing flexibility to borrowers.
  • OneMain's Springleaf Funding Trust securitization platform enhances its capital-raising capabilities.

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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
Mar 23rd, 2025
Onemain Financial Elects Andrew D. Macdonald To Board Of Directors

NEW YORK, March 17, 2025 /PRNewswire/ -- OneMain Financial, the leader in offering nonprime customers responsible access to credit, today announced that Andrew D. Macdonald was elected to its Board of Directors, effective immediately. Macdonald is the CEO of Consilio LLC, a global provider of legal technology solutions and enterprise legal services, including patented electronic discovery and risk management technology that empowers corporations and multinational law firms involved in investigations, regulatory reviews, litigation, and arbitration."We are delighted to welcome Andy to our Board," said Doug Shulman, Chairman and CEO of OneMain. "He has built and sold multiple companies and has a long track record of identifying and realizing significant revenue, profitability and growth opportunities. He has consistently used technology and data science to drive successful business performance. I look forward to working together to advance our mission of improving the financial well-being of hardworking Americans."Macdonald has been the CEO of Consilio since 2012

MarketBeat
Mar 21st, 2025
William Blair Investment Management LLC Makes New $46.20 Million Investment in OneMain Holdings, Inc. (NYSE:OMF)

William Blair Investment Management LLC makes new $46.20 million Investment in OneMain Holdings, Inc. (NYSE:OMF).

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

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