CIT Group Inc.

VP, Underwriting and Portfolio Manager (C&I)

Location US-TX-Dallas
Job ID
32726
# 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

The VP, Underwriting and Portfolio Manager will work closely with the Director, Commercial Underwriting and with Relationship Managers, Credit and Legal team to underwrite Commercial Loans (C&I) in the middle market for CIT.

 

  • Monitor/analyze existing clients
  • Promptly Risk Rate credits upon receipt of financials
  • Working with RMs, manage collection of financials and other monitoring documents
  • Test covenants and manage  borrowing bases
  • Underwrite new money opportunities ensuring that policies are followed
  • Coordinate closing activities with loan closers
  • Work closely with RMs, Credit and legal to ensure timely client response while maintaining sound credit standards
  • Work with more junior team members to coach and mentor them.

 

Qualifications

  • Bachelor's Degree
  • 5-7 years of underwriting and managing middle market C&I loan porftolios

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