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 .
ResponsibilitiesThe principal focus of this role is to support the CIT sales force and our vendor partners in achieving volume and sales goals through the origination of lease and loan transactions. The Account Manager maintains and manages the daily relationship with CIT’s vendor partners while working collaboratively with all internal functional areas (Credit, Legal, Pricing, Asset Valuations, Operations, Customer Service, Cash Operations, Financial Adjustments, Asset Management, etc.) The Account Manager owns all new finance transactions from initiation through booking. This includes obtaining comprehensive credit information on applications, interfacing with all CIT departments through final adjudication and communicating regularly with the originating business partner, vendors, dealers and end-user customers. The AM evaluates all potential finance transactions to ensure all documentary and non-documentary criteria is met prior to booking. In addition, should any customer service issues be escalated, the AM works directly with the various CIT departments to troubleshoot and resolve the issue. The AM has a deep understanding of the vendor partners and customer needs in the Industrial marketplace, the necessary legal documentation, pricing, asset management, titling and end of lease/loan knowledge.
Qualifications• 3-5 years of business experience; financial Service Industry experience preferred
• College degree preferred, or similar equivalent experience
• Originations experience in equipment loan and/or leasing preferred
• Experience in an industry dependent on positive customer interaction
• Ability to maintain and/or build relationships
• Computer literate; proficient in Microsoft Office with intermediate level skills in Excel
• Strong interpersonal and communication skills
• Detail oriented with problem-solving skills
• Financial literacy, able to perform lease/finance calculations needed to structure transactions appropriately
• Effectively organizes oral and written communications to address problems and clearly identifies actions for resolutions
• Able to adjust to changing conditions and priorities and contribute in a fast-paced team environment