Category Manager

Posted Yesterday
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Irving, TX, USA
In-Office
Senior level
Fintech
The Role
Lead end-to-end category sourcing to drive cost savings, supplier performance, and quality. Develop category strategies, run RFPs, negotiate contracts, manage supplier relationships, collaborate with stakeholders, monitor performance, and lead cross-functional sourcing initiatives.
Summary Generated by Built In

Category Manager
The Category Manager at OneMain is responsible for overseeing the end-to-end sourcing process within their assigned Procurement category This includes developing and executing category strategies that optimize cost, quality, and supplier performance while ensuring alignment with the company's overall business objectives. The Category Manager will lead supplier management relationships, negotiate favorable terms, and collaborate closely with internal stakeholders and external suppliers to drive category performance improvements. The ideal candidate will possess strong negotiation skills, strategic sourcing expertise, and the ability to manage complex Procurement activities from start to finish.

In the Role:
•    Develop and implement category strategies that drive value, cost savings, and quality improvements for the assigned category.
•    Conduct thorough market analysis to understand industry trends, supplier capabilities and competitive landscape within the category.
•    Identify and evaluate potential suppliers, negotiate contracts, and manage supplier relationships to ensure alignment with category strategy.
•    Collaborate with internal stakeholders, including operations, finance, and legal teams, to understand business needs and ensure category strategies support those needs.
•    Lead the end to-end sourcing process for the category, including the preparation and management of RFPs, supplier selection, and contract negotiations.
•    Monitor and manage supplier performance, ensuring that suppliers meet quality, cost, and delivery requirements.
•    Develop and maintain strong relationships with key suppliers to ensure long term partnership and continuous improvement.

Requirements:
•    Bachelor’s degree in supply chain management, Business Administration, or a related field
•    5+ years of experience in Procurement, category management, or strategic sourcing, with a proven track record of success.
•    Strong understanding of category management principles Procurement processes, and best practices, including experience in RFP drafting
•    Strong analytical skills with the ability to analyze complex data and develop actionable insights.
•    Proven negotiation skills with experience in managing high value contracts and supplier relationships.
•    Excellent communication and interpersonal skills, with the ability to influence and collaborate with stakeholders at all levels.
•    Experience in managing cross-functional teams and leading strategic sourcing initiatives.
•    Strong project management skills, with the ability to manage multiple priorities and meet deadlines in a fast-paced environment.
•    Proficiency in Procurement software and tools.
•    High level of integrity and professionalism, with a commitment to ethical procurement practices.

Preferred:

•    Master's degree in related field

•    Experience with S2P Platforms such as Coupa

Location: Irving, TX – Hybrid schedule (Tues-Thurs in office)

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 4 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.

Skills Required

  • Bachelor's degree in Supply Chain Management, Business Administration, or related field
  • 5+ years of experience in Procurement, category management, or strategic sourcing
  • Strong understanding of category management principles and procurement processes, including RFP drafting
  • Proven negotiation skills and experience managing high-value contracts
  • Strong analytical skills to analyze complex data and derive actionable insights
  • Excellent communication and interpersonal skills with stakeholder influencing ability
  • Experience managing cross-functional teams and leading strategic sourcing initiatives
  • Strong project management skills and ability to manage multiple priorities
  • Proficiency in procurement software and tools
  • High level of integrity and commitment to ethical procurement practices
  • Master's degree in related field
  • Experience with S2P platforms such as Coupa

OneMain Financial Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about OneMain Financial and has not been reviewed or approved by OneMain Financial.

  • Retirement Support Retirement benefits include a 401(k) with a dollar-for-dollar match up to 4% after six months, supporting long-term savings. An employee stock purchase plan with a 10% discount adds another ownership-oriented reward element.
  • Leave & Time Off Breadth Time-off offerings include vacation that can grow to five weeks, paid holidays, personal days, sick time, and three paid volunteer days. Paid parental leave is offered at 100% pay for six weeks, adding to the overall leave mix.
  • Flexible Benefits A broad menu of benefits spans HSAs/FSAs, disability coverage, life and long-term care solutions, tuition reimbursement, and voluntary options like pet insurance and legal assistance. Backup child/elder care and adoption assistance further widen the set of selectable supports.

OneMain Financial Insights

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The Company
HQ: Baltimore, Maryland
5,386 Employees
Year Founded: 1912

What We Do

OneMain provides personal loans with one on one, local service at branches nationwide. Our personalized loan solutions offer customers a simple and straightforward loan application, fixed rates, fixed payments, clear terms and multiple payment options.

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