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CIT GROUP INC.

VP - Banking Operations, Accounting

CIT GROUP INC. - Santa Monica, CA

Overview
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.
Responsibilities

Manage daily activities to ensure operational integrity and established service levels are maintained.
Ability to drive process improvement opportunities across all areas managed.
Manage Day 2 operations, including check adjustments, balancing of branch cash on hand and the resolution of teller variances.
Working knowledge of an image capture environment including but not limited to transit processing and exception processing, deposit adjustments etc.
Knowledge of accounting principles, including the ability to reconcile and clear outstanding entries.
Act as the primary liaison between the Operations Department and the General Accounting Office and SOX teams.
Preparation of monthly general ledger reconcilements in accordance with established procedures.
Responsible for maintaining up-to date knowledge of the systems used within the Bank and state and federal regulations related to assigned functions.
Manage internal and external inquires related to audits, adjustments, processing protocols, teller variances, general ledger entries and reconciliations etc.
Develop and coach team members to meet established performance goals and objectives.

Qualifications

Education: Bachelor\u2019s Degree preferred but not required.
Experience: 7-10 years of previous experience with increasing responsibility in back office operations. 5 years supervisory experience.
Strong analytical and change management skills
Extensive knowledge of operations functions within the Bank.
Knowledge of federal and state regulations pertaining to areas of responsibility.
Ability to prioritize and accomplish multiple tasks simultaneously within stringent time frames.
Must possess excellent written and verbal communication skills including the ability to answer questions quickly and accurately.

24 days 2 hours ago

CIT GROUP INC.

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VP - Banking Operations, Accounting CIT GROUP INC. - Santa Monica, CA, United States

   

Location: Santa Monica, CA

Company Profile:
CIT Group Inc. operates as the holding company for CIT bank that provides commercial financing and leasing products; and a suite of savings options in the United States. The company operates in five segments: Corporate Finance, Transportation Finance, Trade Finance, Vendor Finance, and Consumer. The Corporate Finance segment offers lending, leasing, and other financial and advisory services to small and middle-market companies in various industries, such as commercial and industrial, communications, media and entertainment, healthcare, and energy. The Transportation Finance segment provides aircraft and railcar, leasing and financing solutions to operators and suppliers in the aviation and railcar industries. This segment also offers lending and other financial products and services to companies in the transportation sector, such as business aircraft, maritime, and aerospace and defense industries. The Trade Finance segment provides a range of domestic and international customized credit protection, lending, and outsourcing services that include working capital and term loans, factoring, receivables management products, bulk purchases of accounts receivable, import and export financing, and letter of credit programs to retail supply chain companies. The Vendor Finance segment partners with manufacturers, distributors, dealers, and product resellers to deliver financing and leasing solutions to end-user customers for the acquisition of equipment. The Consumer segment offers government-guaranteed student loan portfolios, which are in run-off. The company also provides account receivables collection, acquisition and expansion financing, asset management and servicing, credit protection, financial risk management, import and export financing, insurance, letters of credit, and mergers and acquisition advisory services, as well as debt restructuring, underwriting, and syndication services. CIT Group Inc. was founded in 1908 and is headquartered in Livingston, New Jersey.