CIT Group Inc.

  • Director - Underwriter

    Location US-TX-Dallas | US-NY-New York
    Job ID
    32259
    # Positions
    1
    Job Family
    Originations Support - Underwriting
    Type
    Full-Time
  • 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 cit.com/about.

    Responsibilities

    • Utilize ABL industry knowledge, CIT Northbridge risk guidelines and lending partner constraints to assist in structuring lending solutions which meet customers’ needs and mitigate credit risks to CIT Northbridge
    • Develop comprehensive analysis of prospects’ financial results, collateral, liquidity, capital structure, industry and plausibility of forecast resulting in recommendation to senior management
    • Exhibit strong, professional written and oral communication to senior management and deal team on the status of the underwriting process including timelines, changes in assumptions or new information. Externally, proactively communicate due diligence requests to prospects, lead prospect calls through analytical discussions, manage expectations of prospects and quality and timing of materials to be provided by third parties 
    • Partner with the Business Development team in structuring and managing the underwriting process through a thorough yet expeditious timeframe, positioning CIT Northbridge as a decisive, nimble lending partner with each prospect or intermediary interaction
    • Identifying opportunities to cross-sell CIT Bank products/services
    • Attend relevant and appropriate industry regional events and conferences to enhance CIT Northbridge brand recognition
    • At least 15% business travel required to establish prospect relationships

    Qualifications

    • Bachelor’s degree in Accounting, Finance, Business, or related field required
    • Minimum 10+ years’ experience in Commercial Finance, Business Banking; ABL required
    • Strong credit, collateral and cashflow analysis skills 
    • Ability to prioritize and manage multiple deal processes effectively
    • Demonstrated presentation sales, negotiation and influencing skills
    • Demonstrated success working collaboratively to achieve team goals
    • A thorough knowledge of capital structure regulatory limitations and dynamics of restructuring
    • A general knowledge of complimentary banking products
    • Proficient computer skills including Word, Excel, Power Point

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