CIT Group Inc.

AVP - Underwriter - Tech, Media & Telecomm

Location US-NY-New York
Job ID
32670
# 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

  • Support the TMT Underwriting and Portfolio Management team in analyzing and underwriting new and existing TMT transactions
  • Attend bank and industry group meeting with senior bankers
  • Evaluate financial statements, historical trends, projections, industry performance, management experience, capital structure, collateral and loan documentation
  • Participate in the internal credit approval process with the preparation and presentation of credit approval materials
  • Support loan closing and deal execution processes
  • Monitor portfolio accounts, including tracking reporting requirements, testing financial covenants, and preparing quarterly and annual portfolio review memos
  • Perform special projects as requested by senior management

Qualifications

  • 3+ years in Leveraged Finance, Investment/Corporate/Commercial Banking, or similar role
  • Bachelor’s degree in Finance, Accounting, Economics, or related field preferred
  • Highly proficient in MS Excel (including financial modeling), Word, and PowerPoint
  • Ability to work both individually and within a team environment
  • Confident and effective communicator (both verbal and written)
  • Ability to meet deadlines, strong multi-tasking and organizational skills
  • Strong attention to detail
  • Completion of a formal credit training program a plus

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