What are the responsibilities and job description for the Collections Vendor Manager position at OneMain Financial?
The Collections Vendor Manager is responsible for selecting, managing, and evaluating vendors to ensure quality, cost-effective, and timely delivery of services. This role focuses on building strong vendor relationships, negotiating favorable contracts, managing risks, and driving continuous improvement in business performance. Ideal candidates have strong communication, negotiation, and analytical skills.
In the Role
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.
Benefits
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:
In the Role
- Identify, assess, and onboard vendors while ensuring compliance and maintaining accurate records
- Serve as the primary contact and foster productive, collaborative vendor relationships
- Monitor vendor performance using KPIs and lead audits to ensure standards are met
- Implement strategies to reduce costs and improve vendor efficiency and value
- Lead contract negotiations and oversee compliance with terms and service levels
- Identify potential risks and implement mitigation strategies, ensuring ethical and regulatory compliance
- Analyze vendor data and report performance metrics and insights to leadership
- High School Diploma or GED
- 3 years of experience in vendor management or similar roles
- Strong negotiation, communication, and relationship-building skills
- Ability to travel to vendor sites
- Familiarity with contract management and compliance practices
- Excellent problem-solving skills and attention to detail
- Ability to thrive in a fast-paced, deadline-driven environment
- Bachelor’s degree in Business, or a related field
- Proficiency with vendor management platforms or tools
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.
Benefits
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 for team members and their dependents
- Up to 4% matching 401(k)
- Employee Stock Purchase Plan (10% share discount)
- Tuition reimbursement
- Continuing education
- Bonus eligible
- Paid time off
- Paid volunteer time
- And more