CIT Group Inc.

VP, Finance - CCAR

Job ID
# Positions
Job Family
Finance - Project Management


Founded in 1908, CIT (NYSE: CIT) is a financial holding company with more than $65 billion in assets. Its principal bank subsidiary, CIT Bank, N.A., (Member FDIC, Equal Housing Lender) has more than $30 billion of deposits and more than $40 billion of assets. It provides financing, leasing and advisory services principally to middle market companies across a wide variety of industries primarily in North America, and equipment financing and leasing solutions to the transportation sector. It also offers products and services to consumers through its Internet bank franchise and a network of retail branches in Southern California, operating as OneWest Bank, a division of CIT Bank, N.A.


The Central CCAR Office is the group that oversees the management, design, and execution of CIT’s CCAR and stress testing process and submission. The group is focused on establishing standards for best practice, accountability, and a strong capital adequacy process across the various Lines of Business (LOBs) involved. The Central CCAR Office works with a broad range of functions within CIT including key Risk and Finance teams in addition to the LOBs in order to ensure a robust process. 

  • 10+ years of experience in consulting and/or the financial services industry with 3+ years of regulatory reporting experience
  • Working knowledge of regulatory landscape (e.g. CCAR, DFAST, Basel III)
  • Ability to manage complex problems in tight timelines and to handle competing priorities
  • Excellent organizational, oral and written communication skills with the ability to effectively present to senior management and regulators preferred
  • Superior relationship management skills including ability to collaborate with multiple business partners in other functions (e.g. Finance, Risk, Data, Line of business owners)
  • Team player with ability to manage projects independently with minimal supervision and guidance and to work effectively with diverse teams




  • Primary responsibility: Production and quality assurance of Y-14A regulatory reporting and supporting documentation.  
  • Monitor end report on regulator rules concerning capital planning and stress testing.
  • Define and manage calendars for remediation and production
  • Define documentation standards and manage documentation inventory
  • Oversee documentation production and quality across capital planning processes
  • Develop presentation materials for senior management and Board of Directors
  • Coordinate education and training for all involved employees
  • Support ad hoc projects to further enhance and improve the overall CCAR program, given either internal changes related to the CCAR process and/or regulatory requirements issued by the Federal Reserve and/or OCC


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