CIT Group Inc.

  • VP, Loan Closing Manager

    Location US-NJ-Livingston
    Job ID
    32055
    # Positions
    1
    Job Family
    Originations Support - Contracts Administration
    Type
    Full-Time
  • Overview

    Founded in 1908, CIT (NYSE: CIT) is a leading national bank empowering businesses and personal savers with the financial agility to navigate their goals. We believe in helping customers turn their ideas into outcomes. Whether those customers are building a business or building their savings, CIT has the experience and agility to empower them to achieve their goals. At CIT, how we do business is just as important as what we do. Our social responsibility programs focus on driving financial and personal empowerment, supporting the environment and advancing wellness. CIT contributes to communities where we live, work and do business through charitable donations, community investments and employee volunteerism.

    Responsibilities

    • Coordinating loan closings with Business Unit personnel, Finance and Treasury Operations.
    • Client onboarding to the loan receivables platform, along with reviewing other Team Member's work is required.
    • Candidate will work closely with various Commercial Finance Business Units to insure successful on-boarding, closing and funding of deals, insuring all data for financial, accounting and Regulatory Reporting is accurate.

    #LI-DV1

     

    Qualifications

    • Bachelors Degree in business related area.
    • 10+ years Commercial Loan Operations, with emphasis on closing Middle Market direct, club and syndicated loan transactions.
    • Knowledge of Finastra Loan IQ preferred.
    • Candidate with some accounting background and good knowledge of Microsoft Excel to prepare spreadsheets for reconciliation purposes is a plus.
    • Superior communications and multitasking skills, with the ability to interact with multiple individuals and departments in both the US and overseas.

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