Full-Time

Consumer Loan Sales Specialist

Confirmed live in the last 24 hours

OneMain Financial

OneMain Financial

5,001-10,000 employees

Provides personal loans for consumers

Financial Services

Entry, Junior

Whitehall, PA, USA

On site position.

Category
Inside Sales
Sales & Account Management

You match the following OneMain Financial's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • HS Diploma/GED
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
  • Partner with local businesses to seek out and develop new customers
  • 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
Desired Qualifications
  • Sales, Collections or Customer Service experience
  • Bilingual - Spanish

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 approach helps OneMain maintain a steady flow of capital for lending. Additionally, the company offers other financial products, including insurance and credit information, to enhance its services. OneMain's goal is to provide accessible financial solutions tailored to the needs of its customers, supported by a strong branch network and online resources.

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 improve loan approval processes for nonprime borrowers.
  • Partnerships with fintechs offer opportunities to integrate advanced technologies and expand services.
  • The resurgence in securitization interest boosts OneMain's Springleaf Funding Trust platform.

What critics are saying

  • Increased competition from fintechs may erode OneMain's market share.
  • Rising interest rates could lead to higher default rates among nonprime borrowers.
  • Executive share sales and board member resignation may indicate internal instability.

What makes OneMain Financial unique

  • OneMain specializes in serving nonprime borrowers with limited access to traditional banking.
  • The company offers both secured and unsecured loans, catering to diverse financial needs.
  • OneMain's Springleaf Funding Trust platform enhances capital flow through loan securitization.

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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