CIT Group Inc.

Sr. Analyst CCAR Reporting

US-NJ-Livingston | US-NY-New York
Job ID
29922
# Positions
1
Job Family
Finance - Reporting
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 Central CCAR Office is the group that oversees the management, design, and execution of CIT’s CCAR and stress testing process and submission. The group is focused on establishing standards for best practice, accountability, and a strong capital adequacy process across the various Lines of Business (LOBs) involved. The Central CCAR Office works with a broad range of functions within CIT including key Risk and Finance teams in addition to the LOBs in order to ensure a robust process.

 

  • Primary responsibility: Production and quality assurance of FR Y-14A regulatory reporting
  • Ad-hoc project work, report reconciliation and preparation of supporting documentation.
  • Collaborate with various business teams across Finance, Technology, Risk
  • Team player with ability to manage projects independently with minimal supervision and guidance and to work effectively with diverse teams 
  • Ability to manage complex problems in tight timelines and to handle competing priorities

Qualifications

  • 3+ years of experience in financial services industry and/or consulting 
  • Financial reporting and analysis – Analyze, update, automate key reports, files and spreadsheets used in production of forecasting and analysis.
  • Experience in regulatory reporting group, a plus
  • High attention to detail
  • Strong analytical and problem-solving skills
  • Strong Excel skills 
  • Experience in process improvement assessments / implementation, a plus 
  • Bachelor’s degree

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