CIT Group Inc.

  • AVP, Compensation

    Location US-FL-Jacksonville
    Job ID
    30768
    # Positions
    1
    Job Family
    Human Resources - Compensation
    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

    • Collaborate with HR Business Partners and Recruiters to provide input and guidance on new hires, promotions, and other compensation matters.
    • Support reporting and analysis, including data integrity and quality for annual compensation tracking and accrual processes.
    • Assist with planning, support and communication for the year-end compensation process (incentive and salary recommendations), including summary reporting to Senior Management. 
    • Assist with survey participation and the preparation of market competitiveness analyses. Support development of salary and total compensation ranges and guidance.
    • Collaborate with other corporate functions (e.g., Legal, Accounting, Tax) to support compensation practices and activities.
    • Lead or support other compensation projects as required.

    Qualifications

    This position will be responsible for the execution of various activities supporting CIT’s Compensation department, including base salary, and short-term and long-term incentives planning and execution. He/she will act as a consultant to the HR Business Partners on compensation matters, support the year-end compensation process, and assist with internal controls.

    • Minimum of BS/BA degree and five years of Compensation experience. Financial services industry experience preferred. 
    • Strong attention to detail and advanced knowledge of Microsoft Excel.
    • Exceptional analytical, data and project management skills. 
    • Familiarity with PeopleSoft a plus.
    • Demonstrated ability to work successfully both independently and as part of a team.
    • Able to establish strong working relationships with colleagues and clients, and manage multiple priorities in a fast-paced environment. 
    • Excellent oral and written communication skills.
    • Client-focused, proactive and results-oriented.

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