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.
This position is part of the external reporting and accounting policy function within the controllership function of CIT, which is a Fortune 500, public bank holding company. The accounting policy function works across the business globally to ensure accounting policies are continuously updated and communicated to the members of the accounting department. This is a great opportunity to develop your technical accounting and financial reporting knowledge while gaining senior level exposure.