CIT Group Inc.

VP- Senior Loan Officer

Location US-NY-New York
Job ID
33780
# Positions
1
Job Family
Originations Support - Portfolio Management
Type
Full-Time

Overview

Founded in 1908, CIT (NYSE: CIT) is a leading national bank empowering businesses and personal savers with the financial agility to navigate their goals. We believe in helping customers turn their ideas into outcomes. Whether those customers are building a business or building their savings, CIT has the experience and agility to empower them to achieve their goals. At CIT, how we do business is just as important as what we do. Our social responsibility programs focus on driving financial and personal empowerment, supporting the environment and advancing wellness. CIT contributes to communities where we live, work and do business through charitable donations, community investments and employee volunteerism.

Responsibilities

The VP, Senior Loan Officer reports to the Managing Director, Credit Risk and will manage CIT's Asset Based Lending Accounts. 

 

  • Senior Loan Officer managing 10/12 ABL accounts, principally sole lender or Agency, with limited participations.
  • Provide high quality customer service, addressing all clients' needs, within Northbridge risk parameters, insuring preservation of capital and acceptable returns.
  • Timely and accurate Risk Rating, completion of periodic reviews, analysis of collateral and financial information and loan agreement compliance.
  • Promote client retention and participate in new client underwriting as schedule permits.
  • Monitor BBC and advance requests to maintain loan within maximum availability.

Qualifications

  • 5 to 10 years ABL portfolio management and/or underwriting experience.
  • Proficiency in collateral and financial statement analysis.
  • Proficiency in Excel, Word and Powerpoint. Excellent interpersonal, verbal and written communication skills.
  • Experienced in loan documentation.
  • Loan workout experience, including bankruptcy a plus.

 

 

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