General Manager at Earnest

Houston, Texas, United States

Earnest Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
PackagingIndustries

Requirements

A Bachelor's degree and at least five years of experience in a General Manager or Director-level position are required, with an advanced degree being a plus. The ideal candidate will possess demonstrated leadership abilities, a proven track record of achieving results through others, and the capacity to build strong relationships across organizational boundaries. Strong skills in managing multiple priorities, interpreting complex documents, writing procedures, and delivering persuasive presentations are also necessary.

Responsibilities

The General Manager will oversee all daily operations of the division, manage the P&L, and develop yearly business plans to improve profitability. Responsibilities include maximizing division profitability through optimized service and inventory management, staying updated on market conditions and supplier changes, developing cost-saving measures, controlling and monitoring inventory levels, negotiating freight costs, and ensuring timely delivery commitments. The role involves working with vendor representatives, resolving customer product issues, ensuring adherence to company policies, supporting marketing activities, and managing employee performance, including training, hiring, and development.

Skills

P&L management
Leadership
Operations management
Sales leadership
Inventory management
Vendor relations
Cost reduction
Freight negotiation
Budgeting
Forecasting

Earnest

Provides low-interest student and personal loans

About Earnest

Earnest provides financial services focused on student loan refinancing, private student loans, and personal loans. The company uses advanced data analysis and underwriting software to assess each client's financial situation, allowing them to offer low-interest rates tailored to individual needs. Clients can select flexible repayment plans that suit their financial circumstances, making it easier to manage their debt. Unlike many competitors, Earnest continuously adjusts its rates based on market conditions to remain competitive. The goal of Earnest is to help financially responsible individuals effectively manage their educational and personal debt.

San Francisco, CaliforniaHeadquarters
2013Year Founded
$123.5MTotal Funding
ACQUISITIONCompany Stage
Fintech, Financial ServicesIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Home Office Stipend
Phone/Internet Stipend
Tuition Reimbursement
Paid Vacation
Parental Leave
Company Equity

Risks

Increased competition from fintech startups could erode market share.
Rising interest rates may decrease demand for refinancing options.
Potential regulatory changes could increase operational costs.

Differentiation

Earnest uses data-driven underwriting beyond traditional credit scores.
Offers flexible repayment plans tailored to individual financial situations.
Maintains a digital-first approach for loan applications and management.

Upsides

Increased demand for digital financial services boosts Earnest's online platform.
Alternative credit scoring models support Earnest's data-driven approach.
Growing trend of student loan refinancing aligns with Earnest's core offerings.

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