Founded in 1908, CIT (NYSE: CIT) is a financial holding company with approximately $50 billion in assets as of Dec. 31, 2017. Its principal bank subsidiary, CIT Bank, N.A., (Member FDIC, Equal Housing Lender) has approximately $30 billion of deposits and more than $40 billion of assets. CIT provides financing, leasing, and advisory services principally to middle-market companies and small businesses across a wide variety of industries. 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. For more information, visit cit.com.
The VP, ALM Quantitative Modeling will be responsible for the Bank’s FTP modeling for all banking products. This position will take the lead role in the ongoing development and enhancement of methodologies as well as monthly updates and support for key assumptions and/or input parameters (including the development and maintenance of supporting documentation). This position will lead the FTP system upgrade and roll out of new methodologies with all business lines and internal clients.