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 Quantitative Analyst will interface with internal clients and focus on a variety of challenging analytical projects, particularly in asset/liability management (ALM), stress testing, risk measurement, and valuation. The ideal candidate will have experience modeling the cash flows and risks associated with one or more of the following balance sheet categories: consumer and commercial loans, residential mortgage, and commercial mortgages and securities, as well as prepayment and/or deposit behavior modeling.