Associate, Secondary Marketing at CIT Group LLC in Pasadena, California

Posted in Other 25 days ago.

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Job Description:

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 position of Associate - Secondary Marketing will be responsible for supporting all of CIT Bank's Secondary Marketing activity related to residential mortgage lending in a quantitative capacity.

Essential Responsibilities:

  • Ability to develop pricing/financial models or tools for Secondary Marketing/Mortgage Lending
  • Ensures the flow of accurate and timely loan data between various systems and databases
  • Enhance reporting and data analytic capabilities for the Secondary Marketing Team
  • Present and articulate large data sets and findings into actionable items
  • Maintain and develop analyses pertaining to the Bank's loan portfolio
  • Provide timely delivery of formalized reports in addition to ad-hoc reports and analysis
  • Perform duties & responsibilities specific to department functions & activities
  • Performs other duties & responsibilities as required or assigned by management


Qualifications

  • Minimum 3+years experience
  • Advanced proficiency in Excel with ability to summarize data via formulas, lookups, pivot tables, etc.
  • Strong analytical and critical thinking skills with the demonstrated ability to meet deadlines and perform in a high-stress, fast-paced environment
  • Background in banking, particularly residential mortgage lending, preferred
  • Attention to detail and accuracy
  • Ability to multi-task and work independently with minimum supervision
  • Ability to identify and define IT opportunities to automate and promote scale.
  • Work effectively across groups.
  • Interaction with all levels of management within the business, infrastructure groups, customers, document custodians and mortgage servicers
  • Experience with Encompass loan origination system
  • Experience with Optimal Blue.