CIT Group Inc.

  • Associate, Procurement Specialist

    Location US-FL-Jacksonville
    Job ID
    # Positions
    Job Family
    Corporate Services - Sourcing & Procurement
  • 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


    Procures goods and services of a complex nature requiring substantial experience in purchasing, contracting, order entry, purchasing policy and procedure. Negotiates for the purchase of supplies, equipment and services for all of the CIT locations; performs administrative activities in support of the purchasing function; and completes related work as required.


    • Receives and reviews requisitions for accuracy; confers with departmental representatives to determine specific needs, taking into account budget allocations, market alternatives and availability
    • Researches sources of supply by online searches
    • Issues purchase orders insuring completeness and accuracy of orders
    • Provides technical support and conducts training for requestors in the purchasing process
    • Educates others on purchasing related Policies and Procedures, as well as regulations governing purchasing activities and the awarding of contracts
    • Updates a contracts database and image repository
    • Performs other administrative tasks as required including the processing of requisitions, purchase orders and change orders within the PeopleSoft system



    • Five years of responsible experience in procuring a wide variety of goods and services for a large organization
    • Bachelors Degree preferred
    • PeopleSoft Purchasing or Accounts Payable experience a must
    • Outstanding communication skills
    • Accounting and budgetary controls; office procedures; use of office automation to assist in the purchasing function; general computer applications used in business, such as spreadsheet, data base, word processing software (PeopleSoft Purchasing Module, Microsoft Sharepoint and Microsoft Excel)
    • Conduct studies, evaluate data, and make recommendations and decisions; prepare and present written or oral reports; perform math calculations; use common units of measure; calculate interest, discounts, and shipping charges; provide user with training in the use of computer applications for purchasing; recognize responsibility and limits of assigned authority; maintain an effective liaison with vendors, management personnel, and co-workers


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