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 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.