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.
Incumbent will prepare reports and statistical analysis on the Consumer Lending Portfolio. Responsibilities include: data procurement, reporting, and analytics to manage the credit quality and performance of the Mortgage portfolio. This work encompasses data mining, statistical analysis, forecasting, and predictive analytics. The ideal candidate should be able to proactively assess credit risks and prepare recommendations to senior management team through ongoing monitoring of current and legacy portfolios. The role will partner with Risk Management, Capital Markets, Finance, and Operations and leverage SAS, Excel and PowerPoint to prepare presentations for senior management. Create ad-hoc reporting packages and analytic projects. Provide monthly oversight reporting, analytics, and ad hoc projects. Support ALLL calculation including qualitative adjustments.
|•College degree (Master’s preferred) with background in Statistics, Quantitative Methods, Economics, or Accounting/Finance preferred|
•3+ years experience, preferably in Consumer Lending, Consumer Credit Policy, ALLL, Default Operations, and/or Consumer Operational Risk.
•Proficient utilizing SAS/SQL
•Experience working with SQL Server.
•Strong proficiency in Excel.
•Intermediate/advanced experience using PowerPoint, Tableau, or Enterprise Miner preferred.
•Analytic programming and forecasting experience desired.
•Proven ability to perform and deliver under very demanding situations. Attention to detail and a sense of ownership for deliverables.
•Strong verbal and written communication skills.
•Moderate reporting, automation, analytical experience, preferably in a bank.