Full-Time

VP/Director

Originations Strategy and Analytics

Confirmed live in the last 24 hours

OneMain Financial

OneMain Financial

5,001-10,000 employees

Provides personal loans for consumers

Fintech
Financial Services

Senior, Expert

Wilmington, DE, USA

Hybrid position requiring in-office presence.

Category
Business Research
Project Management
Strategy Development
Business & Strategy
Required Skills
Python
Data Science
R
SQL
Data Analysis
Requirements
  • Bachelor’s Degree in a quantitative discipline (Engineering, Statistics, Economics, Business Management or Computer Science); Advanced degree preferred
  • 8+ years of experience in finance (preferably in consumer lending) driving informative risk decisions through analyses; Master’s or PHD degrees may offset experience
  • 4+ years of leadership experience, building and prioritizing teams and objectives based on company strategy
  • Advanced analytical and quantitative skillset using tools such as SAS, SQL, R, Python. Python preferred
  • Innovative and capable of developing creative solutions to complex, data-driven problems
Responsibilities
  • Own Engagement analytics (Web, email, SMS, phone, etc.) and partner with the Marketing team and Product team to develop omni-channel strategies to increase applicant engagement and progression.
  • Own and develop all aspects of Originations Engagement reporting. Present insights on trends to various stakeholders, up to C-level
  • Develop through analysis and strategic thinking key areas of opportunity across digital and phone engagement strategies. Translate opportunities into business cases for new innovation/capabilities and obtain senior level buy-in.
  • Develop analytical tools and frameworks to drive test design and post-test analytics, supported by statistical significance calculations, KPI dashboards and data visualization tools.
  • Partner with Product and Marketing teams to optimize conversion and response of new UX and communications via A/B testing and other digital analytics techniques.
  • Partner with Data Science to optimize/develop models in support of your business strategies.
  • Manage a team of analysts across this scope, providing leadership, development, and guidance to the team.

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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