Lending Manager-Loans

OneMain Financial • Tempe, AZ

13d • Onsite

About The Position

The Lending Manager will be responsible for leading a team of underwriters to grow OneMain Financials’ lending business. Ensuring the team’s underwriting quality; service levels; productivity and quality of loan origination meet or exceed standards.
The ideal candidate needs to have a strong understanding of underwriting and the ability to effectively lead a team of underwriters. Effective communication and collaboration are required to ensure team’s underwriting and customer service levels are met; monitor credit quality and ensure team’s compliance with appropriate policies and regulations.

Requirements

• HS Diploma/GED required with equivalent work experience in related field
• Minimum of 5 years’ experience in a fast-paced sales environment, preferably in the auto dealer and finance industry underwriting.
• Analytical and problem-solving skills to underwrite loans weighing risk for reward

Responsibilities

• Accountable for underwriters maintaining high service levels and turn times.
• Provide excellent customer service to loan originating sources by understanding their service needs and finding opportunities to continuously improve turnaround times.
• In control of production, efficiency, quality, and receivables booked by their team of underwriters.
• Review exceptions and complex applications outside underwriters’ authority.
• Ensure underwriters are producing high quality loans at the right price.
• Ensure underwriters’ quality of bookings and risk versus reward are aligned with OneMain’s risk appetite.
• Responsible for translating and driving a strategy for a team of underwriters to meet production and customer service expectations. Volume of credit applications will be measured on an on-going basis.
• Conduct regular reviews of applications to ensure the underwriters are approving the right business and not missing potential business.
• Lead reviews to ensure alignment in team’s judgment with OneMain’s risk appetite and monitor credit quality.
• Maintain thorough knowledge and understanding of OneMain’s policies and procedures, as well as state and federal laws.
• Coach, develop and train team members; communicate performance level expectations, provide constructive feedback, and establish an accountability rhythm to ensure goals of individual team members and the team meet or exceed expectations.

Benefits

• 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, prorated based on start date)
• Paid sick leave as determined by state or local ordinance (prorated based on start date)
• 11 Paid holidays (4 floating holidays, prorated based on start date)
• Paid volunteer time (3 days per year, prorated based on start date)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED