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.
Incumbents are the primary contact and responsible for the overall relationship with CIT’s clients.
Primarily responsible for managing, maintaining, & controlling a portfolio of larger, more complex client relationships.
Analyze & monitor Clients’ financial & collateral performance by implementing & maintaining a system of controls and checks & balances.
Maintain knowledge of clients’ financial condition, collateral evaluation, management’s ability & industry trends.
Ensure client is compliant with CIT Policies and Procedures including Client Credit Authorities, Product Guidelines, Industry White Papers and RACs &TMD’s.
Familiarity with and ability to apply and understand CIT’s Compliance procedures to meet government and company regulations and risk profiles.
Coordinate with area operations & audit staff to ensure that clients’ information is accurate, current, complete & presented on a timely basis.
Senior level is an experienced portfolio manager with at least seven years of related experience/A four-year college degree, business or finance required. MBA a plus.