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Full-Time

Data Protection and Governance Associate Director

Posted on 9/9/2024

OneMain Financial

OneMain Financial

5,001-10,000 employees

Provides personal loans for consumers

Financial Services

Compensation Overview

$130 - $160Hourly

+ Bonus + Additional Compensation Program

Senior, Expert

Somerset, KY, USA + 9 more

More locations: Tempe, AZ, USA | Fort Mill, SC, USA | Charlotte, NC, USA | Fort Worth, TX, USA | Evansville, IN, USA | Wilmington, DE, USA | Irving, TX, USA | Oak Lawn, IL, USA | Mendota Heights, MN, USA

Hybrid role; occasional in-office presence required.

Category
Cybersecurity
IT & Security
Required Skills
Management
Requirements
  • Bachelor's degree and 10+ years of related work experience; or a graduate degree and approximately 7-8 years of related work experience in the fields of Computer Science, Information Systems, Engineering, Business or related major
  • A minimum of 8+ years of related work experience in developing, implementing, or architecting information security systems with a strong understanding of information security regulatory requirements and compliance issues.
  • Knowledge of general security concepts and methods such as vulnerability assessments, data classification, privacy assessments, incident response, security policy creation, enterprise security strategies, architectures, and governance.
  • Demonstrated experience in five or more of the following areas: Data leakage/content monitoring and filtering, Secure messaging/email encryption, Mobile device security, Disk, file, device and database encryption, Key management/Public Key Infrastructure (PKI), Data classification and privacy policies, Digital Rights Management (DRM), Logging, monitoring, and security event management, Secure information storage.
  • Robust understanding of regulatory requirements and compliance issues affecting clients related to privacy and data protection, such as PCI DSS, GLBA, Basel II, EU Data Protection Directive, International Cross Border, and U.S. State Data Privacy Laws.
Responsibilities
  • Effectively lead and motivate multiple concurrent teams with diverse skills and backgrounds. Provide constructive on-the-job feedback/coaching to team members.
  • Foster an innovative and inclusive team-oriented work environment. Play an active role in counseling and mentoring staff.
  • Lead large scale engagements and consistently deliver quality services and deliverables. Drive high-quality work products within expected timeframes and on budget. Monitor progress, manage risk and ensure key stakeholders are kept informed about progress and expected outcomes.
  • Demonstrate deep technical capabilities and professional knowledge.
  • Demonstrate ability to quickly assimilate to new knowledge.

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 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%
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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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