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 VP Market Risk Analyst provides independent oversight of Treasury and analyzes and reports on the balance sheet’s interest rate risk, FX risk, and trading activities. As a member of the Risk Management Group, the role supports the development and continuous improvement of CIT’s risk identification and management, modeling practices and participates in stress testing and other ad-hoc analyses. Role will collaborate with various subject matter experts across operational, vendor, information and regulatory risk, as well as risk appetite and compliance.
At the direction of the Head of Market Risk Management and Capital Risk Management the sucessful incumbent will:
o ALM positions,
o Investment Portfolio
o Derivative activities