CIT Group Inc.

Financial Solutions Specialist

Job ID
# Positions
Job Family
Originations Support - Sales Support


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.


Financial Solutions Specialist (FSS) manage the daily relationship with vendors and customers.  This role supports the CIT sales force and vendors in achieving volume and sales goals through leased transactions. 


Principal Duties & Responsibilities:

  • Processes new transactions from initiation through booking, which includes obtaining credit information on applications, interfacing with all CIT departments through final adjudication, and communicating regularly with the originating vendor and end user
  • Tasked with meeting monthly budgeted volume goals and service level agreements (SLA),while remaining within CIT risk management guidelines
  • Responsible for transactional side of relationships and is main point of contact with vendors and CIT sales representatives
  • Manages the credit application process and works with all CIT functional areas (Credit, Operations, Pricing, Legal, etc.) as advocate for vendor
  • Creates accurate and complete documentation packages, while ensuring all transactions meet minimum CIT yield requirements
  • Processes through resolution escalated service issues identified by CIT Sales and vendors
  • Educates vendor partners and customers on CIT processes
  • Verifies data is complete and accurate and meets all quality and compliance checks; reviews, approves, and release purchase order to vendor
  • Contacts potential customers to perform verbal audit prior to lease commencement
  • Performs regulatory audit checks and identifies any regulatory red flags
  • Provides final approval of all transactions prior to payment and booking (under their authority limit)
  • Coordinates contract adjustments where errors have been identified and confirmed
  • Assembles final document package and forwards for imaging and storage


  • Computer literate; proficient in Microsoft Office
  • Effectively organizes oral and written communications to address problems and clearly identifies actions for resolutions
  • Able to perform lease/finance calculations needed to structure transactions appropriately.
  • Able to adjust to changing conditions and priorities
  • Ability to maintains and/or builds relationships
  • Three to five years of financial services experience
  • Three to five years experience in sales/customer services roles
  • College degree preferred or similar equivalent experience
  • Basic knowledge of CIT’s credit, regulatory, documentation and non-documentary requirements


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