VP/MD - Personal Loan Credit

OneMain Financial • Baltimore, MD

7d • $200,000 - $250,000

About The Position

OneMain Financial is seeking a strategic credit leader to develop and manage integrated underwriting strategies for its personal loan product. The role is pivotal in driving resilient, risk-adjusted growth through data-driven decision-making, innovative frameworks, and cross-functional collaboration. The successful candidate will bring deep expertise in consumer lending, pricing optimization, communication, and credit risk management, with a record of building high-performing teams and delivering strategic impact across the full credit lifecycle.

The position leads underwriting strategy and execution to balance risk, margin, and volume across products and customer segments; designs scalable credit infrastructure; and advances strategic initiatives aligned with enterprise goals. It includes building and coaching a team, applying statistical analysis and modeling to understand customer behavior and forecast outcomes, developing profit-driven decision frameworks, and overseeing reporting, performance monitoring, and strategy validation. The role partners with product, finance, risk, and operations teams and communicates strategy, performance, and recommendations to senior stakeholders.

The role is located in Baltimore, Maryland, or New York, New York. The target base salary range is $200,000–$250,000, with eligibility for additional compensation based on individual and company performance. OneMain Financial describes itself as a provider of responsible access to credit for nonprime customers, offering personal loans, credit cards, and other products. The company highlights an inclusive culture, career development, community impact, and flexible work arrangements.

Requirements

• Bachelor’s degree in a quantitative discipline such as Engineering, Statistics, Economics, Business Management, or Computer Science.
• 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.

Nice To Haves

• Master’s or PhD degree preferred.

Responsibilities

• Lead development and execution of underwriting strategies that balance risk, margin, and volume across products and customer segments.
• Design and scale credit infrastructure to support operational efficiency, automated risk management, and valuations.
• Create and drive strategic credit initiatives aligned with enterprise goals and resilient business growth.
• Build, lead, and coach a high-performing team of credit analysts and managers.
• Foster a culture of excellence, accountability, and continuous development.
• Conduct advanced statistical analysis and modeling, including regression and machine learning, to understand customer behavior and forecast outcomes.
• Develop profit-driven decision frameworks and risk strategies within risk appetite, using a full credit-cycle view.
• Oversee reporting, performance monitoring, and strategy validation to support continuous improvement.
• Partner with product, finance, risk, and operations teams to improve credit performance across the organization.
• Serve as a strategic leader and internal customer to support alignment and execution of business priorities.
• Translate complex data into actionable insights for executive leadership.
• Communicate strategy progress, performance, and recommendations to senior stakeholders.

Benefits

• Medical, prescription, dental, vision, hearing, accident, hospital indemnity, and life insurance options.
• 401(k) matching up to 4%.
• Employee Stock Purchase Plan with a 10% share discount.
• Tuition reimbursement.
• Paid time off: 15 vacation days 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.
• Seven paid holidays per year, based on start date.
• Three days of paid volunteer time per year, prorated based on start date.
• Competitive additional compensation program based on individual and company performance.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive