CIT Group Inc.

  • Analyst, CRA Community Investments

    Location US-CA-Pasadena
    Job ID
    30954
    # Positions
    1
    Job Family
    Originations Support - Underwriting
    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

    • Assist with due diligence of Affordable Housing/Community Facility underwriting processes including working with CIT internal units in the review, approval and processing of third party due diligence.
    • Run KYCs and OFACs
    • Assist with Investment and loan closings and disbursements.
    • This position will be the main liaison with CIT's servicing unit. Portfolio manager of Federal Home Loan Bank programs (AHP and AHEAD)

    Qualifications

    • Bachelor degree required
    • 2+ years banking compliance and/or loan closing experience with a Bank or Community Development Financial Institution
    • Proficient in Microsoft Office, advanced knowledge of Microsoft Excel and Powerpoint
    • Project management experience a plus with either a finance, accounting, underwriting or CRA related unit
    • Financial Analysis/underwriting experience preferred

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