CIT Group Inc.

  • AVP - Portfolio Management CRE

    Location US-NY-New York
    Job ID
    30669
    # Positions
    1
    Job Family
    Originations Support - Portfolio Management
    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

    • Portfolio Management: Manages all portfolio management related activities for assigned commercial real estate portfolio.
    • Asset Classifications: Ensures assigned portfolio is reviewed periodically and PD/LGD/Regulatory Ratings are appropriate and changes are timely when needed.
    • Credit Actions: Provides sound analysis and recommendations on credit actions as they arise. Liaise with various parties to ensure approved credit actions are carried out timely and appropriately.

    Qualifications

    • Bachelor's degree in Finance or equivalent, MBA preferred.
    • 3+ years work experience in managing a Commercial Real Estate loan portfolio, including risk management, valuation, audits, and credit management.
    • Ability to manage multiple projects simultaneously and implement rapid changes in project direction.
    • Ability to provide complex loan analysis and make sound recommendations.
    • Excellent interpersonal, communication, and organizational skills required.

     

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