Syndicated Loan Group Underwriting, Director

CIT

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.

Responsibilities

Responsible for leading underwriting of investments in broadly syndicated, non-investment grade cash flow loans and related portfolio management.

Responsibilities include:

  • Review new transactions and identify opportunities for primary / secondary market investment
  • Preparation / oversight of new transaction requests
  • Management of assigned portfolio accounts, including ongoing account monitoring and investment recommendations
  • Adhere to and ensure compliance with internal credit policies and regulatory requirements
  • Coach / mentor junior team members.

Qualifications

15 years+ in portfolio management / underwriting of leveraged loans.

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CIT is committed to Equal Employment Opportunity. It is the policy of CIT to provide equal employment opportunities to all qualified applicants without regard to their race or perceived race (including traits historically associated with race, such as hair texture and protective hairstyles), color, national origin, nationality, ancestry, citizenship, immigration status, age), sex (including pregnancy, lactation, childbirth or related medical conditions), actual or perceived gender, gender identity, gender expression or transgender (including transgender individuals who are transitioning, have transitioned, or are perceived to be transitioning to the gender with which they identify), religion, creed, marital status, family status, domestic partnership or civil union status, affectional or sexual orientation, atypical hereditary cellular or blood trait, genetic information or predisposition or carrier status (including testing and characteristics), status as a victim of domestic violence, actual or perceived status as a caregiver,military service protected veteran status, mental or physical disability, perceived disability, record of disability, medical condition, AIDS and HIV status, or any other protected characteristic established by applicable federal, state, or local laws.

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LocationUS-NY-New York

Job ID32706

Positions1

Job FamilyOriginations Support - Underwriting

TypeFull-Time

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