VP/MD - Personal Loan Credit

OneMain Financial; Baltimore (MD); On-site; USD 200,000 - 250,000; Full time

Benefits offered by this job

Health benefits

401(k) match

Employee stock purchase plan

Tuition reimbursement

Paid time off

Paid holidays

Volunteer time

Job summary

OneMain Financial is seeking a dynamic credit leader to develop and manage integrated underwriting strategies for its personal loan portfolio. The role focuses on risk-adjusted growth through data-driven decisions, pricing optimization, and cross-functional collaboration.

The candidate will lead a high-performing team, design scalable credit infrastructure, and partner with product, finance, and risk to improve credit performance while communicating strategy to senior leaders.

Qualifications

• Bachelor’s degree in a quantitative discipline; Master’s or PhD preferred.
• 10+ years of experience in consumer lending with pricing, credit strategy, and risk analytics.
• 5+ years of leadership, including team development and strategic planning.
• Proven ability to develop innovative, data-driven solutions to complex business problems.
• Strong knowledge of pricing optimization tools, credit decisioning frameworks, and customer segmentation.
• Exceptional communication and stakeholder management skills.

Responsibilities

• Lead the development and execution of underwriting strategies balancing risk, margin, and volume.
• Design and scale credit infrastructure to support automated risk management and valuations.
• Create and drive strategic credit initiatives aligned with enterprise goals.
• Build, lead, and coach a high-performing team of credit analysts and managers.
• Foster a culture of excellence, accountability, and continuous development.
• Translate complex data into actionable insights for executive leadership.
• Partner with product, finance, risk, and operations teams to drive improved credit performance.
• Communicate strategy progress, performance, and recommendations to senior stakeholders.

Skills

Credit risk management

Pricing optimization

Data-driven decisions

Leadership

Stakeholder management

Communication

Cross-functional collaboration

Statistical analysis

Machine learning

Regression analysis

Education

Bachelor’s degree in quantitative discipline

Master’s or PhD preferred

Job description

We are seeking a dynamic and strategic credit leader to develop and manage an integrated set of credit underwriting strategies for our personal loan product. This role is pivotal in driving resilient, risk-adjusted growth through data-driven decision-making, innovative frameworks, and cross-functional collaboration.

The ideal candidate will bring deep expertise in consumer lending, pricing optimization, effective communication, and credit risk management, along with a proven track record of building high-performing teams and delivering strategic impact across the full credit lifecycle.

In the Role

Strategic Leadership

• Lead the development and execution of underwriting strategies that balance risk, margin, and volume across products and customer segments.
• Design and scale best-in-class credit infrastructure to support operational efficiency, automated risk management, and valuations.
• Create and drive strategic credit initiatives that align with enterprise goals and unlock resilient business growth.

Team & Talent Development

• Build, lead, and coach a high-performing team of credit analysts and managers.
• Foster a culture of excellence, accountability, and continuous development.

Analytical & Technical Execution

• Conduct advanced statistical analysis and modeling using regression and machine learning to understand customer behavior and forecast outcomes.
• Develop profit-driven decision frameworks and risk strategies within risk appetite, with a full credit-cycle view.
• Oversee reporting, performance monitoring, and strategy validation to ensure continuous improvement.

Cross-Functional Collaboration

• Partner with product, finance, risk, and operations teams to drive improved credit performance across the organization.
• Act as both a strategic leader and internal customer to ensure alignment and execution of business priorities.

Communication & Influence

• Translate complex data into actionable insights for executive leadership.
• Communicate strategy progress, performance, and recommendations to senior stakeholders.

Requirements

• Bachelor’s degree in a quantitative discipline (e.g., Engineering, Statistics, Economics, Business Management, Computer Science); Master’s or PhD preferred
• 10+ years of experience in consumer lending, with deep expertise in pricing, credit strategy, and risk analytics
• 5+ years of leadership experience, including team development and strategic planning
• Proven ability to develop innovative, data-driven solutions to complex business problems
• Strong knowledge of pricing optimization tools, credit decisioning frameworks, and customer segmentation techniques
• Exceptional communication and stakeholder management skills

Location:

Baltimore, MD or New York, NY

Who we Are

OneMain Financial (NYSE: OMF) is the leader in offering nonprime customers responsible access to credit and is dedicated to improving the financial well-being of hardworking Americans. Since 1912, we’ve looked beyond credit scores to help people get the money they need today and reach their goals for tomorrow. Our growing suite of personal loans, credit cards and other products help people borrow better and work toward a brighter future.

Driven collaborators and innovators, our team thrives on transformative digital thinking, customer-first energy and flexible work arrangements that grow lives, careers and our company. At every level, we’re committed to an inclusive culture, career development and impacting the communities where we live and work. Getting people to a better place has made us a better company for over a century. There’s never been a better time to shine with OneMain.

Because team members at their best means OneMain at our best, we provide opportunities and benefits that make their health and careers a priority. That’s why we’ve packed our comprehensive benefits package for full- and some part-timers with:

• Health and wellbeing options including medical, prescription, dental, vision, hearing, accident, hospital indemnity, and life insurances
• Up to 4% matching 401(k)
• Employee Stock Purchase Plan (10% share discount)
• Tuition reimbursement
• Paid time off (15 days’ vacation per year, plus 2 personal days, prorated based on start date)
• Paid sick leave as determined by state or local ordinance, prorated based on start date
• Paid holidays (7 days per year, based on start date)
• Paid volunteer time (3 days per year, prorated based on start date)

Target base salary range is $200K - $250K, which is based on various factors including skills and work experience. In addition to base salary, this role is eligible for a competitive compensation program that is based on individual and company performance