CIT Group Inc.

  • VP, Infrastructure Risk Manager

    Location US-NJ-Livingston
    Job ID
    30910
    # Positions
    1
    Job Family
    Information Technology - IT Operations
    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

    • Support the infrastructure technology management lead in key risk and control activities such as identifying, understanding and managing technology control risk through control education, review of metrics and facilitation of risk and control self- assessments
    • Work with the leadership team to identify potential control gaps and remediation plans
    • Co-coordinating and obtaining business sign off to risk and control self-assessments
    • Develop and implement an effective control framework
    • Act as central point of contact between the business and key stakeholders including regulators, internal audit, compliance, third party management and operational risk
    • Participate in corporate risk assessments including SOX, CCAR, Operational Risk control self-assessments, vendor risk assessments, compliance risk assessments, monitor results and track any issues that are opened to ensure they close on the agreed closure dates
    • Provide and co-ordinate input to key corporate and regulatory initiatives
    • Develop actionable risk management dashboards for business management. The dashboards will include key risk indicators, leverage existing and develop new reporting as required
    • Participate in select risk committees/ working groups
    • Lead adhoc risk remediation and control enhancement projects
    • Strong experience of MS tools such as excel and share-point site

     

    Qualifications

    The Technology and Operations Operational risk team is the first line of defense for the technology and operations group at CIT. This role requires an understanding of technology risks associated with but not limited to:

    • Technology platforms such as Mainframe, Unix and Windows.
    • Infrastructure areas such as Middleware, Storage, Data Centers 
    • The Manager will support the technology management lead in key risk and control activities such as identifying, understanding and managing technology control risk through control education, review of metrics and facilitation of risk and control self- assessments.
    • Previous technology experience including testing methodologies / approaches is required.
    • Risk managers will need to be fluid communicators as they will need to address personnel at all levels of hierarchical importance. They will need to adapt their way of speaking to suit the different skill sets that each department brings so as to ensure that risk policies are implemented effectively and with complete understanding by the staff.
    • 10+ years’ experience in financial services, with experience in T&O.
    • Familiarity with risk frameworks such as FFIEC, NIST, COBIT
    • Understanding of regulations that apply to the business such as FRB, OCC, CFBP regulations and
    • examination guidance.
    • Proven leadership skills.
    • Strong communicator across all levels of the organization.
    • Self-starter who has the ability to work independently.  Or on teams and cross functionally

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