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 position is responsible for utilizing advanced quantitative finance and computational skills develop analysis and tools to measure, monitor and manage liquidity risk within the Treasury Group. The position will interact extensively with Treasury’s ALM team to measure and understand forecasted and actual liquidity risk inherent in the balance sheet. The position will also support analysis and management reporting for Senior Management, ALCO, as well as the Risk Management and Internal Audit groups.