CIT Group Inc.

SVP-Anti-Fraud Audit

Location US-NJ-Livingston
Job ID
# Positions
Job Family


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


A highly visible opportunity for a dynamic, result driven candidate for the role of Senior Vice President – Antifraud Group. Reporting to the Chief Audit Executive, you will assist in shaping the Bank’s efforts in preventing, detecting and responding to employee misconduct and complex frauds. Manage highly sensitive and confidential situations with the potential to influence others and business decisions
Maintain the independence and objectivity of the Antifraud Group Develop investigative plans based on partial or vague information
Manage, direct or participate in investigations of suspected fraud or integrity issues and conduct complex special projects at any of the Bank’s locations. This includes responding to matters involving employees, vendors, customers, and other third parties engaged in business with the Bank
Apply lessons learned from investigations across the control environment and continuous monitoring
Present investigation findings to senior leadership and Board committees
Identify and design continuous monitoring methodologies and reporting for company activities including but not limited to, customer and business unit transactions as well as general operating activities (e.g., procurement, payroll, travel and entertainment)
Work collaboratively on fraud and misconduct reporting and mitigation efforts with other groups within the Bank (e.g., Compliance, Human Resources, Information Technology, Law Department)
Work on special Antifraud projects and initiatives Ability to travel with limited notice
Availability outside normal business hours to receive new allegations and provide updates to senior leadership


Leadership Competencies:
Strategy – create vision, provide clarity and think strategically
People – develop self and direct reports, create and maintain relationships, build and maintain an effective and responsive Antifraud team
Performance – drive results, establish and maintain standards, demonstrate judgment
Minimum Required Skills Experience:
• Bachelor's degree, (Accounting or Finance preferred but not required),
• Excellent analytical, verbal and written communication skills
• Proficient skills related to investigative procedures and practices, including interviewing skills
• 15+ years of related experience (combined internal audit and fraud investigations)
• Proficient skills in developing, monitoring and testing internal controls
• Previous experience in designing continuous monitoring tools
• Previous experience interacting with external counsel, law enforcement agencies and regulatory authorities
• Professional certification (CPA, CIA, CFE) is a plus
• Banking or financial services industry experience is preferred


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