CIT Group Inc.

Associate, Underwriting - Energy

Location US-CA-Santa Monica
Job ID
33341
# 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

Energy provides value-added financing products and financial structuring advice to higher growth, entrepreneurial companies throughout the energy and power sector.

Specific tasks include:

Support senior underwriting staff and originations teams in deal execution.
Prepare financial models to determine debt payback period and project valuation. Sensitize and test assumptions
Support underwriting team in legal and technical due diligence
Prepare internal presentations and credit memoranda for deal approval
Prepare marketing documents including pitches, lenders presentations and confidential information memoranda
Review and prepare certain internal reports and assist with ad-hoc tasks

Qualifications

  • Bachelor’s degree required, with a major/concentration in finance, accounting, or economics preferred
  • Project Finance experience
  • Formal Credit training is a plus

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