Founded in 1908, CIT (NYSE: CIT) is a financial holding company with approximately $50 billion in assets as of Dec. 31, 2017. Its principal bank subsidiary, CIT Bank, N.A., (Member FDIC, Equal Housing Lender) has approximately $30 billion of deposits and more than $40 billion of assets. CIT provides financing, leasing, and advisory services principally to middle-market companies and small businesses across a wide variety of industries. It also offers products and services to consumers through its Internet bank franchise and a network of retail branches in Southern California, operating as OneWest Bank, a division of CIT Bank, N.A. For more information, visit cit.com.
The Credit Associate will be responsible for reviewing and analyzing client financial data to determine creditworthiness
Responsibilities will include the review of both commercial and personal owner data in order to make sound credit decisions
In addition the Credit Associate will need to be able to review company bank statements and be able to analyze Tax Returns at a high level to identify known risks
The Credit Associate will be responsible for managing daily queue activity to ensure that service level agreements are met
Daily responsibilities will also include assisting the funding/operations team on back end risk items as well as acting as a general resource for Sales, Funding, and Credit departments
Bachelor's degree in Business, Finance, Economics or other related field is strongly preferred
Minimum of 2 years of work experience as a credit underwriter in the equipment leasing industry or in a credit related role in the finance/banking industry
Experience evaluating consumer and commercial credit bureau reports
Demonstrated success in college, if applicable. Demonstrates initiative/confidence and is decisive
Ability to make effective, timely and sound recommendations and decisions on credit requests
Ability to analyze data and complete a trend analysis
Ability to work effectively in a self-directed, team-based environment.
The ability to develop a good working relationship with sales/marketing personnel and customers
Exceptional analytical and financial analysis skills and the capacity to quickly learn and apply credit assessment policies and procedures
Demonstrates excellent verbal/written skills, interpersonal skills, analytical and problem solving skills