Full-Time

Treasury Analyst

Posted on 11/16/2024

OneMain Financial

OneMain Financial

5,001-10,000 employees

Provides personal loans for consumers

Fintech
Financial Services

Junior, Mid

Evansville, IN, USA

Flexible hybrid schedule requires some in-office presence.

Category
Treasury
Finance & Banking
Required Skills
Data Analysis
PowerPoint/Keynote/Slides
Requirements
  • Bachelor’s degree
  • 2+ years of finance/accounting work experience
  • High level of proficiency with Microsoft Office suite (particularly Excel, PowerPoint)
  • “Self-starter” working with enthusiasm to manage responsibilities with a sense of urgency in a fast-paced environment; desire to grow
  • Ability to balance multiple priorities simultaneously with the ability to adapt to the changing needs of the business while meeting deadlines
  • Ability to process data from multiple sources and generate meaningful management information; work in teams and with others; positive attitude
  • Highly motivated, detail oriented with good follow-up skills
  • Problem solving, analytic and technical skills
  • Strong verbal and written communication skills
  • Strong time management and organization skills
Responsibilities
  • Prepare monthly reports to be distributed to Investor and Lenders
  • Develop, manage and maintain timely, accurate data and key metrics relevant to Investor Reporting
  • Work on cross-functional projects and collaborate with team members for continued development
  • Identify opportunities for process improvement and policy development and engaging in the design
  • Maintain relationships with Team Members throughout the Company to share data effectively
  • Assist in the preparation of key presentation materials as needed

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 across the U.S.

Company Stage

IPO

Total Funding

N/A

Headquarters

Baltimore, Maryland

Founded

N/A

Growth & Insights
Headcount

6 month growth

4%

1 year growth

0%

2 year growth

4%
Simplify Jobs

Simplify's Take

What believers are saying

  • OneMain's acquisition of Foursight Capital expands its reach into the auto lending market, diversifying its portfolio and growth opportunities.
  • The company's Build: Credit Fundamentals education program demonstrates a commitment to financial literacy, potentially fostering long-term customer loyalty.
  • Significant investments from firms like Adage Capital Partners and Benjamin F. Edwards & Company indicate strong market confidence in OneMain's business model and growth prospects.

What critics are saying

  • Facing a class action lawsuit over alleged Military Lending Act violations could damage OneMain's reputation and financial standing.
  • The competitive consumer lending market requires continuous innovation and adaptation to maintain market share.

What makes OneMain Financial unique

  • OneMain Financial specializes in serving nonprime consumers who often lack access to traditional banking services, setting it apart from many competitors.
  • The company's securitization platform, Springleaf Funding Trust, provides a unique method of capital generation through bundling and selling loans as securities.
  • OneMain's extensive branch network across 44 states enhances its customer-centric approach, offering personalized financial solutions both online and offline.

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