INACTIVE

Full-Time

Consumer Loan Sales Specialist

Posted on 10/9/2024

OneMain Financial

5,001-10,000 employees

Provides personal loans for consumers

Financial Services

Entry

Bloomingdale, IL, USA

Position requires onsite presence.

Category

Inside Sales

Sales & Account Management

Required Skills

Sales

Customer Service

Requirements

HS Diploma/GED
Sales, Collections or Customer Service experience
Bilingual - Spanish

Responsibilities

Deliver results related to individual and branch sales goals as well as customer expectations
Develop new relationships – and maintain existing relationships - working with customers throughout the loan process and loan life cycle
Present financial solutions, based on customer needs, that meet their goals
Present customers with optional insurance products
Educate customers on the terms and conditions of their loan to ensure a clear understanding
Learn how to utilize credit underwriting techniques and sales tools
Manage the life cycle of the loan, including collections activities, complying with all laws and regulations

At OneMain, Consumer Loan Sales Specialists empower customers – listening to their needs and providing access to friendly, fast, and affordable financing for life’s expenses. Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career.

In the Role

Deliver results related to individual and branch sales goals as well as customer expectations

Develop new relationships – and maintain existing relationships - working with customers throughout the loan process and loan life cycle

Present financial solutions, based on customer needs, that meet their goals

Present customers with optional insurance products

Educate customers on the terms and conditions of their loan to ensure a clear understanding

Learn how to utilize credit underwriting techniques and sales tools

Manage the life cycle of the loan, including collections activities, complying with all laws and regulations

Requirements:

HS Diploma/GED

Preferred:

Sales, Collections or Customer Service experience

Bilingual - Spanish

Location: On site

The schedule for this position is Monday-Friday during standard business hours, with some extended hours during the week as needed which may include Saturday.

Key Word Tags

Sales, Collections, Retail, Loan Sales, Customer Service, Customer Care, Business Development, New Grad, Newly Graduated, Entry level, Financial Sales, Management Development, Management Trainee, Finance, Full-time, Career, Benefits, Customer experience, Financial Representative, Credit, Leadership, Manager Trainee

OneMain Holdings, Inc. is an Equal Employment Opportunity (EEO) employer. Qualified applicants will receive consideration for employment without regard to age, ancestry, citizenship status, color, creed, culture, disability, ethnicity, gender, gender identity or expression, genetic information or history, marital status, military status, national origin, nationality, pregnancy, race, religion, sex, sexual orientation, socioeconomic status, transgender or on any other basis protected by law.

OneMain Financial

View Company Profile

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 customers to address different financial needs, such as debt consolidation or home improvements. OneMain generates revenue through interest and fees on these loans and has a securitization platform called Springleaf Funding Trust, which enables it to bundle and sell loans as securities to investors. This process helps OneMain maintain a steady flow of capital for lending. Additionally, the company offers other financial products, including insurance and credit information, to better serve its customers. OneMain's goal is to provide accessible financial solutions tailored to the needs of its clients, supported by a strong 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's Take

What believers are saying

AI-driven credit scoring models can improve creditworthiness assessment and reduce defaults.
Digital lending platforms offer expansion opportunities to reach tech-savvy younger consumers.
Partnership with Pagaya enhances risk assessment and loan personalization through AI algorithms.

What critics are saying

Increased competition from fintechs offering lower rates could erode market share.
Rising interest rates may lead to higher default rates among lower credit score customers.
Class action lawsuit over Military Lending Act violations could incur legal costs and reputational damage.

What makes OneMain Financial unique

OneMain offers both secured and unsecured loans, catering to diverse financial needs.
The Springleaf Funding Trust securitization platform provides a steady capital stream.
Extensive branch network enhances customer-centric service and personalized financial solutions.

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