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 role requires deep statistical and business knowledge and ability to build models that are both statistically sound and business intuitive. The incumbent will face new and unique business and statistical problems that require excellent problem solving skills and keen evaluative judgment. Additionally, the incumbent must ensure that all activities and duties are carried out in full compliance with regulatory requirements, enterprise risk management framework and internal policies and policy standards.