CIT Group Inc.

  • AVP - Business Unit Audit

    Location US-NJ-Livingston
    Job ID
    # Positions
    Job Family
    Audit - Business Unit Audit
  • 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


    AVP role within the CIT headquarters in Livingston, New Jersey.  The role will be responsible for performing internal audit engagements covering business unit audits (commercial banking and related operations, etc.).  The individual would have a highly visible role in performing engagements including evaluating internal controls, performing and documenting audit test work, communicating audit issues to management and identifying and recommending emerging areas of risk or opportunities for more effective and efficient audit processes.  

    Principal Duties & Responsibilities:

    • Audit planning and testing, including process and controls review, documentation of workflow, controls testing and observations/issues
    • Participate in other audit activities such as annual risk assessments, audit planning, control evaluation, reporting, documentation and verification of issue closure as needed
    • Build productive relationships with internal audit team members and stakeholders
    • Perform quality audit work ensuring that all work complies with Departmental standards and policies
    • Perform continuous monitoring to recognize patterns and trends with risk and controls implications; and to identify emerging risks and develop test procedures to cover these risks
    • Keep updated on evolving regulatory requirements impacting areas covered and
    • Keep up with professional development through continuing education


    • Ability to clearly articulate both in written and verbal form and demonstrate appropriate and effective business writing, e.g. e-mail, work papers
    • Understands basic business processes and related control environment
    • Can demonstrate skepticism in all situations
    • Displays effective listening skills and organizes and expresses thoughts clearly and concisely
    • Good interpersonal skills; approaches people with tact and respect
    • Strong analytical, project management and organizational skills
    • Ability to multitask, prioritize and operate effectively in a changing environment
    • Self-starter, someone who shows initiative and looks for ways to improve or enhance existing processes

    Education & Experience:

    • Undergraduate Degree Accounting, Finance or Risk Management or related discipline
    • 4-10 years of relevant internal audit or risk management experience
    • Experience in Internal or External Auditing;
    • Professional certification or advanced degree preferable but not required (CIA, CPA, MBA, CFSA, etc.)
    • Ability to travel periodically locally and out of state as needed (approx. 5-10%)



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