CIT Group Inc.

Portfolio Management Coordinator

Location US-CA-San Diego
Job ID
32605
# Positions
1
Job Family
Administrative - Administrative Support
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

The Portfolio Management Coordinator will provide administrative support to the Credit Analyst and Portfolio Manager within SBA Portfolio Management including:

 

  • Reviewing requests for Late Charge waivers.
  • Assisting Collateral Services in resolving late Ins./tax payments and other servicing actions.
  • Following up on delinquent financial information, managing ticklers, preparing and sending default/reservation of rights letters, managing site inspections, managing documentation for SBA reimbursements, and ordering appraisals.
  • Assisting in preparation of SBA repurchase packages.

Qualifications

  • Prior loan processing, servicing or closing experience desirable.
  • Understanding of the different types of business entities, their organization and the corresponding financial statements/tax returns they file.
  • Working proficiency in Excel to include creating, editing, formatting and filtering spreadsheets.
  • Clear and effective written and verbal communication skills to include contacting borrowers by phone and email.
  • Experience with Outlook and Sharepoint (or other data sharing system) helpful.
  • High School Diploma required.

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