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
• Conduct credit due diligence and underwriting for new lease and loan transactions within existing credit policies, risk appetite, and service level expectations • Primarily responsible for larger, Enterprise level transactions with ability to assess and analyze complex structures • Make credit decisions within assigned credit limit authority and clearly communicate recommendations on transactions above existing authority • Assist sales representatives with prescreening and structuring transactions for prospective lessees and obligors • Hold due diligence meetings / conference calls with customer CFOs or other financial management as required • Assist in the negotiation of lease and third-party assignment documentation
Qualifications
• Minimum 5+ years' experience in credit underwriting with a bank or commercial finance company • Experience in credit underwriting of Technology and Industrial assets is preferred • Ability to analyze financial statements and other pertinent credit information and make credit decisions or recommendations • Strong writing and verbal skills required • Experience with spreading financial statements • Ability to calculate and interpret financial ratios • Ability to engage across functions and clearly communicate reasons why decisions were made • Ability to work independently in a fast paced environment with multiple talks and deadlines • BS degree required, preferably with a major in Finance or Accounting. Master's Degree preferred • Technical skills in financial statement analysis, risk analysis and legal contract requirements. • Strong communication skills and ability to interface with executive management, customers, attorneys and peers
