VP, Underwriter/Portfolio Manager - Middle Market

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Job description

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.

VP-level Underwriter/Portfolio Manager will conduct credit underwriting and portfolio management of diverse debt solutions for middle-market companies that are private or publicly owned.
Transactions include: (i) LBO Financing, (ii) Acquisition Financing, (iii) Debt Refinancing, and (iv) Recapitalizations.
Responsibilities include:
(i) Working with potential borrowers, due diligence consultants, other Lenders, and internal teams to optimally structure, approve and close new business opportunities
(ii) Analyzing detailed business and financial information of prospects and portfolio accounts
(iii) Producing and presenting transaction approval documents
(iv) Building detailed financial/cash flow projection models
(v) Performing valuation analyses, (vi) conducting independent industry research studies
(vii) Managing accounts post close
Manage, mentor, and closely supervise the work products of one or more Sr.Analyst/Associates and thoughtfully help their professional development

Bachelor's degree with relevant coursework and 7-10 years of relevant middle market through mid-corporate credit experience; formal credit training program is desired, but not required

CIT is committed to Equal Employment Opportunity. It is CIT's policy 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 status and 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. If you would like more information about your EEO rights as an applicant under the law, please click here:

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