Full-Time

VP/Director

Collections

Confirmed live in the last 24 hours

OneMain Financial

OneMain Financial

5,001-10,000 employees

Provides personal loans for consumers

Financial Services

Compensation Overview

$140k - $190kAnnually

+ Competitive Compensation Program

Expert

Charlotte, NC, USA + 1 more

More locations: Wilmington, DE, USA

Hybrid position requiring in-office presence in Charlotte, NC.

Category
Financial Planning and Analysis (FP&A)
Risk Management
Finance & Banking
Required Skills
Data Analysis
Requirements
  • Bachelor’s Degree (required) or Advanced Degree (preferred) and 10+ years’ experience in analytics leadership roles with significant exposure to credit cards and fintechs
  • Deep knowledge and expertise of using analytical tools and techniques to drive business outcomes (preferred experience with credit cards and fintechs)
  • Knowledge of consumer-lending best practices, including the use of advanced statistical techniques and data sources
  • Experience in digital strategy across financial products and services
  • Strong communication, interpersonal and negotiation skills to gain trust and achieve business objectives
  • Ability to work in fast-paced ever-changing environment and the ability to juggle an array of tasks and individuals on tight timelines
  • Innovative and capable of developing a highly analytical approach to solving problems
Responsibilities
  • Grow the card business by having a significant responsibility within Cards Portfolio Management team
  • Develop the analytics team for the newly launched credit card business in partnership with the cards leadership team
  • Develop and manage all aspects of card collection strategies including designing borrower assistance programs and communication strategies
  • Develop through analysis and strategic thinking key areas of opportunities across digital and phone engagement strategies and translate them into new capabilities
  • Partner with Product teams to optimize conversion and response to digital collection channels
  • Develop statistically sound test designs and dashboards to drive continuous improvement
  • Partner with Operations team to optimize capacity planning and increase the efficiency of operations
  • Develop and manage all aspects of card recovery strategies including debt sales
Desired Qualifications
  • Advanced Degree (preferred)
  • Preferred experience with credit cards and fintechs

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 capital flow 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

1912

Simplify Jobs

Simplify's Take

What believers are saying

  • Digital lending platforms expand OneMain's reach and streamline operations.
  • Alternative data for credit scoring can expand OneMain's nonprime customer base.
  • Partnerships with fintechs offer innovation opportunities for OneMain's service offerings.

What critics are saying

  • Increased competition from fintechs may erode OneMain's market share.
  • Rising interest rates could reduce demand for OneMain's loans.
  • Executive share sales may indicate concerns about OneMain's future performance.

What makes OneMain Financial unique

  • OneMain specializes in personal loans for nonprime consumers, a niche market segment.
  • The company offers both secured and unsecured loans, providing flexible financial solutions.
  • 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