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Origination - Real Estate Finance, Director

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CIT Group

2021-12-03 23:30:07

Job location Santa Monica, California, United States

Job type: fulltime

Job industry: Real Estate & Property

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:
  • CIT is seeking a Director of Originations reporting to Real Estate Finance group head

  • The Real Estate Finance group provides bridge and construction lending to experienced and well-capitalized sponsors

  • Successful candidate will manage existing client relationships while also expanding the groups clients through direct and indirect calling efforts

  • Role is measured on new business generation loans, fees, deposits

  • Responsibilities include initial deal vetting vis-a-vis pricing and structure, credit memo review and committee presentations, and negotiation of deal terms and documentation

Qualifications:
  • 10 plus years experience in Commercial Real Estate
  • Experienced in negotiating deal terms and documentation
  • Ability to manage and maintain existing client relationships and providingREF solutions
  • Prior experience with credit memo review and committee presentations

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