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.
The Associate, Treasury will form part of the team working on quantitative liquidity risk management. The liquidity risk role is a first line Treasury function responsible for identifying, quantifying, and managing the liquidity risk of the firm. The Associate will work closely with Corporate Treasury teams, Controllers, Operations, and the broader risk organization to ensure accurate assessment of the firm’s liquidity risk taking. The position will also work closely with the Asset Liability Management Group within Treasury to provide rigorous analytic support for strategic balance sheet management activities.
Key focus of the position will include: