CIT Group Inc.

VP, Data Control Testing Lead

US-NJ-Livingston
Job ID
29709
# Positions
1
Job Family
Information Technology - IT Operations
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

The Technology and Operations - Operational Risk team is the first line of defense for both the IT and Operations departments at CIT.  This role will be part of a CCAR Data Controls testing team that will focus on designing and executing effective tests to assess the quality, completeness and accuracy of the data related to CCAR.

 

  • Design effective CCAR data control tests
  • Execute control testing across various control areas, including IT General Controls and Application Controls
  • Perform data analysis such as data reconciliations and completeness assessments
  • Produce management reporting based on test results
  • Assess existing quality control processes and identify additional first line of defense monitoring or testing that would improve or enhance governance and oversight
  • Support and collaborate with various teams across Technology, Operations and other risk areas, including Finance, Compliance, Information Risk, and Audit Department
  • Management of operational risks, upstream and downstream effects of identified gaps

Qualifications

  • 8+ years experience in financial assurance in banks or capital markets services, including analysis on accounting and regulatory policies applied in financial statements and regulatory reporting
  • Experience developing and maintaining a risk management control framework and/or performing internal control reviews, experiences with data and application testing for SOX, CCAR, etc
  • Knowledge of trade life cycle, key controls and reconciliations, starting from transaction capture to aggregation/consolidation to financial and regulatory reporting
  • Knowledge of a range of financial products (loans, leases, equities, other fixed income, etc.)
  • Bachelor's degree in engineering, computer science, information systems, business and/or other related major
  • Consulting experience with a Big 4 firm or large global financial institution
  • Constantly seek and adapt to new challenges
  • Strong attention to detail and organizational skills
  • Excellent written and verbal communication skills with a track record in relating technical issues to both technical and non-technical audiences
  • Ability to work well with all levels of management, including the ability to present information and respond to questions
  • High-level facilitations skills and credibility with C-Suite Teams
  • Extensive experience attracting, managing, coaching, and retaining high-performing teams
  • A desire to learn and the motivation to seek answers and provide solutions
  • Strong computer skills, MS Office (including Excel, Visio, and PowerPoint), presentations, spreadsheets

 

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