CIT Group Inc.

  • VP, Consuming Banking FP&A

    Location US-CA-Pasadena
    Job ID
    32119
    # Positions
    1
    Job Family
    Finance - Fin Planning and Analysis
    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

    The VP, Consumer Banking FP&A will provide financial planning and analytics support for our Consumer Banking Segment. The role centers on the creation of business volume driven financial forecasts and budgets. Additionally, the candidate will work closely with business unit leaders to help them understand monthly results, explain changes in trends and variances to business plans, and partner to prepare analytics that will drive business strategy and outcomes. Strong problem solving and communication skills are a must.

     

    Responsibilities:

    • Provide written analysis and interpretation of results
    • Work with business areas to resolve needs and builds/maintain the budget from the ground up
    • Prepare forecasting and explanations of variance to budget to management/FP&A
    • Explain financial practices and accounting treatments to internal/external auditors
    • Recommend changes to the budget based on management strategies, business activities and for future needs
    • Build and prepare monthly financial reports for Executives and managers

    Qualifications

    Requirements:

    • Bachelor’s or master’s degree in Finance, Accounting or Economics
    • 5+ years of work experience in financial planning and analytics, or in finance within a banking organization
    • Expertise in MS Excel (creating spreadsheets and using advanced formulas)
    • Familiarity with finance databases
    • Ability to present financial data using detailed reports and charts
    • Demonstrable strategic thinking skills
    • Confidentiality in handling sensitive financial information
    • Previous experience working large data sets is required
    • Experience forecasting or accounting for loans or deposits is a plus
    • Skillful Excel user, with Hyperion, Essbase, or SmartView experience is a plus
    • Strong problem solving and communication skills are a must

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