CIT Group Inc.

  • Managing Director, Real Estate Finance

    Location US-NY-New York
    Job ID
    30286
    # Positions
    1
    Job Family
    Originations - Business Development
    Type
    Full-Time
  • Overview

    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.

    Responsibilities

    CIT Real Estate Finance is currently seeking a Managing Director - Originations who will:

    – Focus on origination of new business.
    – Manage team to underwrite and close commercial real estate loans including transitional and construction for multi-family, office, retail, industrial, and hotel properties.
    – Oversee the completion of credit approval memos.
    – Present transactions at credit committee.
    – Oversee transaction closing process including negotiation of legal documentation.

    Qualifications

    – Bachelor’s degree required
    – Proven ability to source new business
    – Experience in loan origination, underwriting, and structuring
    – Must posses strong written and verbal communication skills including the ability to present risks & mitigants of a transaction
    – Must be an experienced professional with approximately 10+ years of experience in commercial real estate finance

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