CIT Group Inc.

AVP, Portfolio Manager

Location US-FL-Jacksonville
Job ID
# Positions
Job Family
Credit - Credit Decision


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


Daily involvement in risk management activities required to successfully manage two large portfolios of commercial lease transactions combining $5 billion in assets sourced from equipment manufacturer and value-added resellers or directly solicited from end user customers. Actively participate in portfolio management activities including vendor risk assessment, portfolio monitoring, customer reviews etc.

  • Completion of customer annual reviews or annual regrades adhering to CIT’s risk acceptance guidelines and criteria.
  • Completion of annual vendor reviews and new vendor approval adhering to CIT’s vendor adjudication and review policy.
  • Preparation and distribution of monthly risk management-reporting requirements.
  • Review and proactive monitoring of performance of vendor relationships.
  • Analysis of portfolio losses
  • Participation in external Third Party Servicing audits


  • 5+ years credit experience focusing on portfolio risk management and underwriting.
  • Vendor program and vendor/portfolio risk management experience with a finance firm is preferred.
  • Strong analytical skills, and technically sound with solid working knowledge of Word, Excel and Access SQL Microsoft products.
  • Strong written, verbal communication and interpersonal skills, with the ability to present reports and communicate key risks and mitigates on a concise manner to both small and large audiences in person and via conference.
  • College degree is preferred.


Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
Share on your newsfeed