Full-Time

Branch Manager

Posted on 9/10/2024

OneMain Financial

OneMain Financial

5,001-10,000 employees

Provides personal loans for consumers

Financial Services

Mid

Mississippi, USA

Must be able to travel locally for business development purposes.

Category
Sales & Trading
Finance & Banking
Required Skills
Sales
Requirements
  • HS Diploma/GED
  • Leadership experience with coaching and leading a team
  • Proven experience with meeting sales goals
  • Ability to obtain insurance licensing within 6 months of start date where required
Responsibilities
  • Build an environment that is customer focused, ensuring all options are presented to for review in the lending process
  • Manage collection activities including consulting with customers on loan payments for past due accounts
  • Attract and develop high-quality and diverse talent
  • Coaches team members by providing actionable feedback and empower career growth
  • Drive branch performance by motivating team members while maintaining compliance with all policies and applicable laws
  • Uses strategic thinking to prioritize and resolve issues as they arise with speed and consistency
  • Must be able to travel locally for business development purposes

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 has a securitization platform called Springleaf Funding Trust to bundle and sell loans as securities. OneMain aims to deliver accessible financial solutions through its extensive branch network and online resources.

Company Stage

IPO

Total Funding

N/A

Headquarters

Baltimore, Maryland

Founded

1912

Growth & Insights
Headcount

6 month growth

4%

1 year growth

0%

2 year growth

4%
Simplify Jobs

Simplify's Take

What believers are saying

  • Partnership with Pagaya enhances technology integration for improved customer service.
  • Growing demand for digital lending platforms aligns with OneMain's service expansion.
  • AI-driven credit scoring models can improve risk assessment and personalized loan offerings.

What critics are saying

  • Class action lawsuit over Military Lending Act violations may incur legal costs.
  • Rising interest rates could increase default rates among OneMain's customer base.
  • Executive stock sales and board resignation may signal internal instability.

What makes OneMain Financial unique

  • OneMain offers both secured and unsecured loans, catering to diverse financial needs.
  • The company has a strong U.S. presence with numerous branches nationwide.
  • OneMain's Springleaf Funding Trust securitization platform provides steady capital for loan funding.

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