CIT Group Inc.

VP, Enterprise Project Management Governance & Business Management Lead

Location US-NJ-Livingston | US-FL-Jacksonville
Job ID
# Positions
Job Family
Information Technology - IT Portfolio/Project Mngnt


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 ePMO Governance Office is the single team/function charged with overseeing the full project portfolio across CIT, for the full project management lifecycle, from project business case through funding, approval, launch, and project oversight, to post-implementation reviews for cost effectiveness and benefit realization, internal and external reporting.


Job description includes (but not limited to) advisory, thought leadership and implementing best practices across the following functions:

Financial Management
• Fiscal Year planning
• Financial planning and forecasting
• Variance analysis, efficiencies, cost reductions, benefits tracking
• Planning Operational impacts, oversight for Build/Run ratio
• Financial management advice and guidance, reporting and “early warning” of spend against target
• Maintaining agility to free up budget to fund other initiatives.
• Developing a basis of IT cost model

Portfolio Management
• Demand management oversight, pipeline and capacity planning
• Business Cases management oversight
• Management, coordination, preparation and facilitation of MBRs and Toll Gates
• PPM tool upkeep
• Portfolio Optimization and Balancing
• Reporting on Initiatives and enabling prioritization based on value, risk and overall alignment with Strategy
• Transition from bottom-up Investment planning to Product development planning

Execution, Performance and Productivity management
• Implementation of consistent and predictable product and service delivery practices
• Continuously Improving oversight processes
• Evaluating project, product, service performance
• Leveraging the work of leading departments to promote improvements
• Developing consistent metrics and report on KPIs thru Balanced Score card
• Manage Planned and Earned value, ensuring we deliver on time and deliver value for the investment
• Maintain quarterly delivery highlights with outcomes and benefits impact

Strategic Workforce Planning and Asset Optimization
• Demand/Supply analysis, quantification and projections
• Measuring Resource utilization
• Strategic Vendor Service Integration, Supplier Quarterly Business Reviews
• T&O career framework management
• Software rationalization - monitoring of implementation roadmap and tracking savings
• Monitoring levels of T&O engagements on Strategic priorities


The role requires:


Soft skills
• Advanced interpersonal skills to engage strategically with peers and senior executive and to build a solid network for collaboration and knowledge sharing. The candidate uses these skills to challenge insightfully
• Adopts communication style to the style of others, develops rapport and remains calm under pressure
• Strong analytical acumen and a high strategic solution orientation to influence and guide discussions as a key stakeholder and promoter of critical capability and process improvements, to conduct effective questioning to break down complex issues and opportunities into core elements.
• The role possesses critical thinking skills to understand current Governance and process gaps, recommend and implement solutions that will properly provide or modify a service as well as minimize risk and exposure for Investment management function.

• Advanced consultative skills to develop consistency and standards to govern project execution and reporting, formulate new standards and best practices to advance cooperative engagement by all levels of the organization including senior and executive management
• Proactively maintains a comprehensive knowledge of Portfolio Management best practices
• Advance knowledge of IT Financial Taxonomy, Fiscal planning, Financial management and Total Cost of Ownership
• Experience in Asset and Cost Optimization – road-mapping and efficiencies tracking
• Experience in Business Case and Long Term Value planning and management
• Experience in developing Balanced scorecards and measuring Earned Value
• Experience in developing and implementing project KPIs and automated status reporting
• Experience implementing PPM tools, Advanced knowledge of data analysis and visualization tools
• Experience in forming Program/Project charters, stakeholder management practices, planning program increments, sprints, demos, delivery monitoring and reporting

• 10+ years in a Corporate environment working with multiple Portfolio Management disciplines to deliver transformational changes in line with customer and stakeholder needs
• 10+ years in Global delivery or transformation
• Other relevant experience in one or more of the following technical fields (Product development, infrastructure, deployment)


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