CIT Group Inc.

  • AVP, Corporate Investigations & Analytics

    Location US-NJ-Livingston
    Job ID
    30988
    # Positions
    1
    Job Family
    Audit - Anti-Fraud
    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

    • A highly visible opportunity for a dynamic, result driven candidate for the role of Assistant Vice President (AVP), Corporate Investigations and Analytics in Livingston, New Jersey or New York, New York. In this important position, you will join the Internal Audit team in their fraud prevention, detection and investigation efforts. You will also support global investigative activity from case intake through planning and execution to final report and disposition. The candidate is expected to collaborate with the Data Analytics team to help identify relevant fraud risks and related analytics.
    • Lead or participate as a team member on investigations of suspected fraud and integrity issues and conduct complex special projects at company locations throughout the United States. This includes responding to matters involving employees, vendors, customers, and other third parties engaged in business with CIT Group.
    • Conduct in-depth financial and background research and analyses utilizing public and proprietary databases as a lead or team member. Maintain collaborative relationships with other departments (e.g., Law Department, Human Resources, Information Technology, and Compliance) and business units.
    • Prepare and report findings and recommending improvements in policies, programs and controls focusing on anti-fraud activities, and identifying and evaluating the organization's internal and external fraud risks.
    • Prepare correspondence, document all work performed, and maintain files containing work papers and supporting documentation in addition to preparing comprehensive investigative reports and case files, or portions thereof, from rough draft to finished product. Present investigation findings to senior management and Ethics Committee.
    • Identify and develop continuous fraud monitoring methodologies and reporting for company activities including but not limited to, customer and business unit transactions as well as general operating activities (e.g., procurement, payroll, travel and entertainment). Develop and execute fraud analytics to identify potential areas for fraud. The candidate must demonstrate a high level of trust and integrity and be able to maintain confidentiality.
    • Assist in developing and executing an enterprise fraud risk assessment.
    • Work on special Corporate Investigations and Analytics projects and initiatives. Ability to travel, with short notice.

    Qualifications

    Bachelor's degree or higher, (Accounting or Finance preferred but not required),
    Excellent analytical, verbal and written communication skills,
    Proficient skills related to investigative procedures and practices, including interviewing skills,
    5-7+ years of related experience (combined internal audit and fraud investigations),
    Previous experience interacting with law enforcement agencies and regulatory authorities is a plus,
    Professional certification (CPA, CIA, CFE) is a plus,
    Financial services or banking industry experience is preferred.

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