CIT Group Inc.

  • Associate, FIU Investigations Analyst

    Location US-FL-Jacksonville
    Job ID
    # Positions
    Job Family
    Compliance - Fraud
  • 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


    The successful candidate will conduct investigations on potential cases of money laundering, terrorist financing, fraud and/or other related financial crimes in compliance with regulatory obligations and investigative protocols. The cases will also include alerts generated by potential sanction watch list matches and escalations from all business units. The FIU Investigations Analyst II position will perform research on potential unusual or suspicious transactions/activities conducted through CIT’s products and services. The transactions and activities are analyzed through the use of various CIT operating systems, AML databases, and unusual transaction reports generated by the businesses and support areas.

    The FIU Analyst II will be responsible for:
    • Maintaining a designated monthly queue as assigned by the FIU management
    • Ensuring all cases are fully investigated and closed within the designated procedural deadline
    • Conducting reviews and performing due diligence on alerts generated via automated monitoring systems using both internal and external resources
    • Investigating, researching, analyzing and evaluating varying complex cases of suspicious financial activity for possible anti-money laundering, terrorist financing, and fraud violations involving all lines of business including Retail and Online Bank, Direct Capital, Equipment Finance and Commercial Services
    • Reasonably establishing the nature of transactional activity, and effectively documenting the decisions to close cases and/or to file a Suspicious Activity Report (SAR)
    • Submitting SAR narratives and documentation to management while allowing sufficient time for review and subsequent submission to FinCEN and other regulatory agencies as deemed necessary
    • Assuming departmental projects and initiatives as assigned to define and solve issues of BSA, Fraud, or Sanctions regulatory compliance


    • Bachelor’s degree preferred
    • 3+ years in a compliance role or equivalent job experience in the financial services industry in a regulated financial institution related to transaction monitoring
    • 3+ years in Retail Banking and/or equivalent financial crimes related experience
    • Prior investigative experience through law enforcement, legal expertise, or other applicable channels including prior financial institution experience
    • Ability to identify various white-collar crime, fraud and money laundering schemes
    • Awareness of the workings of an AML Financial Intelligence Unit or similar investigations environment within a financial services company
    • Awareness of the workings within fraud investigations as it pertains to Identity Theft, Elder Abuse, Vendor Fraud, etc.
    • Working knowledge of AML and Sanctions regulations
    • Effective verbal and written communication skills
    • Demonstrated sense of urgency, attention to detail and organizational skills
    • Demonstrated ability to focus on details and ability to execute daily tasks independently and effectively
    • Ability to multi-task
    • Ability to work in a heavily deadline driven environment
    • Team player willing to accept challenges large and small
    • Self-motivated with the ability to work independently and as a member of a team
    • Proficiency in Windows based applications (e.g., Word, Excel and PowerPoint) skills
    • Proficiency in internet and various database resources to facilitate due diligence/ investigations process
    • Skilled in conducting research and analysis
    • Preferred experience with AML tools (e.g., AML monitoring system such as Actimize) and case management tools.


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