At OneMain, credit risk isn’t just about managing loss — it’s about enabling responsible growth, maintaining market confidence, and protecting our customers and investors through every economic cycle. We’re seeking a Senior Managing Director of Portfolio Credit Risk to serve as the enterprise leader for portfolio credit performance, loss forecasting, and risk governance across our full lending platform.
This is a high‑impact, highly visible leadership role at the intersection of credit analytics, finance, capital markets, and executive decision‑making. You will shape how OneMain anticipates risk, navigates economic uncertainty, and communicates portfolio strength to senior leadership, the Board of Directors, auditors, and the investment community.
Portfolio Credit Forecasting & Loss Management
Lead enterprise‑wide credit loss and delinquency forecasting across Personal Loans, Auto Finance, and Credit Cards
Own the CECL loan loss reserve framework, ensuring accuracy, transparency, and compliance with accounting and regulatory standards
Partner closely with Finance and Treasury to embed credit forecasts into capital planning, stress testing, and liquidity strategy
Deliver clear, actionable portfolio insights to senior management and the Board of Directors
Identify emerging risks, shifts in borrower behavior, and performance trends across products, channels, and customer segments
Translate complex credit and economic dynamics into concise executive narratives that drive informed decisions
Monitor macroeconomic conditions, labor markets, and consumer trends to assess portfolio impact and forward‑looking risk
Lead enterprise credit risk oversight, including decision governance, policy adherence, and portfolio monitoring
Maintain strong underwriting, decisioning, and monitoring frameworks
Provide independent challenge to credit strategies, models, and major business initiatives
Support asset‑backed securitizations, whole loan sales, and capital markets activity with rigorous credit analytics
Develop and maintain credit monitoring frameworks and loan selection criteria for securitization pools
Represent OneMain with ABS investors, high‑yield bondholders, and whole‑loan buyers, articulating portfolio performance, trends, and risk management strategy
15+ years of experience in consumer credit risk, portfolio analytics, or financial services risk leadership
Deep expertise in credit forecasting, CECL, loss modeling, and portfolio performance management
Strong understanding of consumer lending products, underwriting, and risk governance
Exceptional executive communication skills — able to translate analytics into strategic insight
Proven experience leading and developing high‑performing analytical and risk teams
Experience in a publicly traded financial institution or large consumer lender
Advanced degree in Finance, Economics, Statistics, or a related field
Background in macroeconomic modeling, scenario analysis, or stress testing
Experience engaging with auditors, regulators, and investors
Commitment to analytical rigor, transparency, and disciplined risk management
Strategic mindset with the ability to anticipate risk and guide long‑term planning
Strong executive presence and credibility with senior leaders and external stakeholders
Ability to lead through influence across highly cross‑functional teams
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, 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)
OneMain Holdings, Inc. is an Equal Employment Opportunity (EEO) employer. Qualified applicants will receive consideration for employment without regard to age, ancestry, citizenship status, color, creed, culture, disability, ethnicity, gender, gender identity or expression, genetic information or history, marital status, military status, national origin, nationality, pregnancy, race, religion, sex, sexual orientation, socioeconomic status, transgender or on any other basis protected by law.