Full-Time

Loan Sales Specialist

Updated on 1/29/2025

OneMain Financial

OneMain Financial

5,001-10,000 employees

Provides personal loans for consumers

Financial Services

Entry, Junior

Livonia, MI, USA

On site position; Monday-Friday during standard business hours, with some extended hours during the week as needed which may include Saturday.

Category
Inside Sales
Sales & Account Management
Required Skills
Customer Service

You match the following OneMain Financial's candidate preferences

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

Degree
Experience
Requirements
  • High School Diploma or GED
Responsibilities
  • Effectively multitask and adapt to the dynamic demands of the role, ensuring timely and efficient service
  • Exceed customer expectations through ease, empathy and encouragement, delivering results related to individual and branch goals
  • Develop new connections and maintain ones by engaging customers throughout the loan process and life cycle, presenting tailored solutions based on customer needs
  • Manage the life cycle of loans, including collections activities while maintaining compliance with all relevant laws and regulations
  • Engage with customers and other departments through multiple technological channels, including phone, email, chat and our in-house systems
  • Exhibit passion for achievement, bringing an internal drive to succeed and goal oriented attitude
  • Clearly educate and inform customers on optional insurance products, ensuring customers have a thorough understanding of the loans, terms and their options
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 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 personalized financial solutions and maintaining a strong presence with numerous branches across the U.S. The goal of OneMain Financial is to provide accessible financial options to clients, helping them improve their financial situations.

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