CIT Group Inc.

AVP, Treasury – Liquidity Analytics & Reporting

US-CA-Pasadena
Job ID
25286
# Positions
1
Job Family
Finance - Treasury
Type
Full-Time

Overview

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.

Responsibilities

CIT is seeking a strong, dynamic, technical candidate who can drive change as an integral member of the Liquidity Analytics and Reporting team within the Treasury Department. As part of a newly established SIFI with assets greater than $50 billion, this position offers excellent career growth and the potential to be a key player within the team. This candidate will report to the VP of Liquidity Reporting and will be required to manage key projects that improve cash flow forecasting, sources and uses attribution, and management dashboard reporting. This candidate will help establish a framework to streamline and automate data aggregation into the key liquidity management systems and QRM for forecast and stress testing processes in order to get real-time feedback for strategic funding and investment decisions. The candidate will also help design and develop a more robust short-term forecasting process and incorporate it into the bank’s system infrastructure. The position will also assist on strategic planning as necessary and implement best in class liquidity management analytics and reporting.

 

  • Enhance short-term forecasting methodology process and migrate forecast template from excel format to a more robust and automated system, increasing process efficiency.
  • Develop process that streamlines data aggregation of cash flows for forecasting template.
  • Develop and maintain a comprehensive framework to ensure data sources utilized for all liquidity reports are current and accurate.
  • Streamline liquidity slide production process for Monthly Reporting Package and ALCO Meeting

 

 

Qualifications

 

  • 5+ years financial services experience
  • Advanced degree in Business or Quantitative background preferred
  • Treasury experience and knowledge of liquidity management
  • Knowledge of cash flow modeling and working capital management
  • Product knowledge of bank assets and liabilities
  • Strong excel modeling skills, VBA experience
  • QRM experience a plus
  • Strong analytical and communication skills
  • Ability to multitask and meet aggressive deadlines
  • Good organizational skills and attention to detail

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