Full-Time

VP/MD – Incentives

Confirmed live in the last 24 hours

OneMain Financial

OneMain Financial

5,001-10,000 employees

Provides personal loans for consumers

Financial Services

Expert

Wilmington, DE, USA + 1 more

More locations: Baltimore, MD, USA

Category
Corporate Finance
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Financial analysis
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 required
  • Minimum 10 years relevant experience required
  • Strong communication skills including presentation, public speaking and writing ability
  • Proven ability to interact and communicate effectively with all levels of employees and Senior Management
  • Good management skills
  • Ability to work effectively with cross functional teams
  • Self-starter looking to drive constant process improvement
  • Exceptional financial analysis skills
  • Proficient in all MS Office Programs
Responsibilities
  • Oversee company-wide operations incentive programs across personal loan, auto finance and credit card businesses
  • Work cross functionally with operations leaders, analytics and HR to build out incentive programs and business targets aligned with overall business goals
  • Manage team of Finance Professionals
  • Manage all VIP activities for Branch, Central, Auto Finance and Credit Card
  • Lead Incentive program plan design process to adapt to changing environment and business goals
  • Monitor existing plan performance and alignment to company goals
  • Facilitate monthly company-wide target setting process and distribution of targets to respective teams, down to TM level
  • Approve pay file submissions monthly and maintain auditable database of awards
  • Manage Rankings methodology and related performance management tools
  • Manage Communications supporting all areas of VIP Process
  • Partner with HR to lead Incentive committee meetings with other business partners including Legal, Compliance and all relevant stakeholders to ensure best practice is followed throughout our incentive plans
  • Manage financial planning and monthly accounting entries related to VIP
  • Management of systems allowing TM’s tracking of earned $ month to date
  • Ad-hoc reporting, analysis and business support

OneMain Financial specializes in providing personal loans to individuals, especially those with lower credit scores who may not have access to traditional banking. They offer both secured loans, which require collateral, and unsecured loans, catering to various financial needs like debt consolidation and home improvements. The company generates revenue through interest and fees, and it also utilizes a securitization platform called Springleaf Funding Trust to bundle and sell loans as securities. OneMain's goal is to provide accessible financial solutions through a customer-centric approach, supported by a wide branch network and online resources.

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).