Full-Time

Call Escalation Specialist

Confirmed live in the last 24 hours

OneMain Financial

OneMain Financial

5,001-10,000 employees

Provides personal loans for consumers

Fintech
Financial Services

Entry

Evansville, IN, USA

Category
Customer Success Management
Sales & Account Management
Required Skills
Customer Service
Requirements
  • High School Diploma or GED
  • Strong phone, communication and negotiation skills
  • Ability to work well under pressure and meet goals in a fast-paced environment
  • Quick thinker with creative research skills
  • Proficiency with Internet and basic MS Office applications
  • Ability to maintain confidentiality with sensitive information
Responsibilities
  • Taking inbound calls from customers and authorized third parties regarding the status of an active or inactive account.
  • Responding to inbound caller inquiries around debt settlement options and status requests, with focus on quality and first call solution.
  • Providing an explanation of programs and benefits available to customers.
  • Negotiate with authorized customers via telephone regarding past due accounts.
  • Investigating, researching & tracking consumer information.
  • Negotiate payments & settlements on customer accounts.
  • Qualifying consumers for payment plans by gathering full and complete information.
  • Ability to quickly determine customer needs, and overcome objections.
  • Educate customers on what impacts working with a DSA can have on their credit and overall expense.
  • Educate customers on difference between DSA and Consolidation loans.
  • Provide customers with necessary information to educate customer on NFCC relationship.
  • Maintaining compliance with FDCPA and state regulations.
  • Implement key strategies to negate losses as well as demonstrating exemplary customer service standards.
  • Monitor delinquent accounts for status updates and follow up with consumers and authorized third parties if needed.
  • Using online tools to research information on accounts.
  • Maintaining account documentation and follow up as necessary.
  • Provide outstanding customer service to customers, 3rd parties, and OneMain employees.
  • Prioritizing assigned work to align with business and company needs.

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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