CIT Group Inc.

  • Back Office Operations Analyst

    Location US-NJ-Livingston
    Job ID
    # Positions
    Job Family
    Finance - Treasury - Cash Management
  • Overview

    CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals. CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of experience and operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender). The company's commercial banking segment includes commercial financing, community association banking, middle market banking, equipment and vendor financing, factoring, railcar financing, treasury and payments services, and capital markets and asset management. CIT's consumer banking segment includes a national direct bank and regional branch network. Discover more at


    • Support CIT’s Treasury Trading Desk, Consumer Capital Markets Trading Desk, and Commercial Capital Markets Trading Desk on a daily basis.
    • Perform daily reconciliations of cash and positions
    • Proactively handle and resolve any break resolution
    • Promptly answer trader, vendor and, client inquiries over the phone or email
    • Confirm all daily trading activity (including fixed income, options, FX and OTC derivatives) and non-trading activity is correctly processed and settled
    • Work closely with traders, custodians, and accounting teams
    • Manage collateral movements for derivatives position
    • Assist Middle office with new product initiatives and system enhancements. Create test scripts, document results, recommend and implement solutions.
    • Assist with month end book close. Perform wire input/approval, and confirm proper authorizations.
    • Liaise with internal and external auditors relating to SOX and Internal Audits.
    • Ensure policy and procedures are followed properly and are updated as needed.




    • Bachelor’s Degree, preferably in business or finance
    • 1-3 year middle or back office experience, preferably in banking, hedge fund, or fund administration is a plus Ability to communicate professionally and effectively;
    • Ability to work both collaboratively and independently;
    • Highly self-motivated with emphasis on organizational skills and ability to multi-task
    • The candidate must be personable and able to interact well with portfolio managers, traders, clients and service providers
    • General knowledge of and familiarity with financial instruments (i.e. equities, options, fixed income, futures, foreign exchange) within U.S. securities markets
    • Knowledge of Blackrock Aladdin, Chatham, Clearwater, Misys, Markit, Loan IQ, SharePoint, and/or Quantum a plus
    • Proficient Microsoft Project and Strong Microsoft Excel, Word, Visio, and PowerPoint skills



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