CIT Group Inc.

AVP, Portfolio Management - Commercial Real Estate Finance

Location US-CA-Santa Monica
Job ID
33475
# Positions
1
Job Family
Originations Support - Portfolio Management
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 AVP, Portfolio Manager will report to the Commercial Finance division and will manage an existing commercial real estate portfolio.

 

  • Manage portfolio management actions on ~35 REF loans
  • Mentor junior team members
  • Collaborate with RMs and UWs to ensure timely and effective management of assigned portfolio
  • Analyze and complete quarterly and annual reviews
  • Re-grade PD/LGD/Reg Rating
  • Analyze and complete modification/credit action requests
  • Handle additional advance requests
  • Ongoing performance monitoring
  • Assist with internal and external audit and credit exams

Qualifications

  • 5+ years of commercial real estate analysis background
  • 4 year degree preferred

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