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Assistant General Counsel-Consumer Credit Cards

Posted May 15
Full Time
HybridCharlotte, North Carolina

OneMain Financial’s growing consumer lending business and an increasingly complex legal and regulatory environment provide solid career opportunities for attorneys motivated by creative clients and a fast paced, forward-thinking culture. OneMain Financial is seeking a talented, experienced, and energetic attorney with an interest in supporting OneMain’s growing consumer credit card business.

The Assistant General Counsel will work closely with OneMain Financial cross-functional business partners as part of a dynamic legal team, in support of the Consumer Credit Card line of business. Primary responsibilities include providing advice and guidance on the laws and regulations impacting consumer card account marketing, origination, issuance, and servicing. Additional responsibilities include supporting other consumer financial product lines, reviewing internal policies and procedures, consumer disclosures, marketing materials (including rewards programs) and vendor agreements. The attorney will identify and advise of risks and provide practical solutions to address risks identified and business needs. This is an exciting opportunity that provides significant exposures to members of the senior leadership team in the company.

The ideal candidate will be able to think strategically, have strong attention to details and be able to manage multiple tasks in a deadline-driven environment. They should be able to structure and organize financial and non-financial data to build reports and analysis, which are repeatable, consistent and able to convey the business’s state of affairs with clarity succinctly.

In the Role

  • Provide and manage day-to-day counseling to Consumer Credit Card line of business and other consumer financial product lines relating to marketing, origination, issuance, and servicing, collections, and other operational matters.  
  • Serve as strategic legal advisor relating to areas of responsibility, working with the business to develop innovative and compliant solutions for a continually evolving business.
  • Establish yourself among many internal constituents across diverse functions as a trusted business advisor whose advice, counsel, and judgment can be relied upon.
  • Collaborate with corporate functions, including Compliance, Marketing, Credit, Technology, Operations, and Risk to identify and manage risk.
  • Anticipate issues and evaluate risks strategically by, among other things, identifying proactive solutions to address risk while assisting the business meet its legitimate objectives.
  • Provide thought leadership, strategic consultation, and innovative solutions regarding challenges and opportunities to influence and shape key business decisions.
  • Maintain strong understanding of current regulations and regulatory trends and provide relevant, actionable advice and guidance when needed.
  • Partner with, and effectively manage, outside counsel when appropriate.
  • Lead and deliver other projects as required and perform other duties as needed.

Qualifications

  • Minimum of 5 years’ experience advising clients in the consumer financial services industry on products and legal considerations for consumer credit card programs
  • Juris Doctorate degree
  • Admitted to a state bar
  • Knowledge of the following laws and regulations: Card Act (Reg. Z), Truth in Lending (TILA), Unfair Deceptive or Abusive Acts or Practices (UDAAP), FCRA/Reg. V, FDCPA, ECOA/Reg. B, CAN-SPAM, TCPA and state consumer lending laws.
  • In addition to credit cards experience, familiarity with legal issues arising in  the areas of  installment lending, consumer protections, and point-of-sale programs.
  • Ability to distill complex topics for discussion and counseling with client at all levels of the organization 
  • Proven track record of providing effective legal counsel and support in a dynamic corporate environment (or for dynamic corporate clients)
  • Highly motivated with sound judgment and strong interpersonal skills
  • Excellent written and verbal communication skills

Location: Wilmington, DE; Baltimore, MD; or Charlotte, NC – Flexible Hybrid Schedule

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) 

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.