CIT Group Inc. AVP - Business Operations Analyst in Jacksonville, Florida
Founded in 1908, CIT (NYSE: CIT) is a financial holding company with more than $65 billion in assets. Its principal bank subsidiary, CIT Bank, N.A., (Member FDIC, Equal Housing Lender) has more than $30 billion of deposits and more than $40 billion of assets. It provides financing, leasing and advisory services principally to middle market companies across a wide variety of industries primarily in North America, and equipment financing and leasing solutions to the transportation sector. 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.
General Job Summary This role will primarily support the LF team as a Business Operations Analyst in gathering data and developing efficient and effective solutions to meet the needs of the business unit. Reporting to the Director, LF Operations, the individual will work closely with the Business Development, Originations and Servicing teams to enhance end to end operations and ensure smooth execution of all transactions. The analyst will track and analyze business unit trends and make appropriate recommendations that will positively impact the unit. The ideal candidate will have a good understanding of systems and existing processes through the lifecycle of deals. Principal Duties & Responsibilities: 1. Workflow Analysis & Documentation - includes undertaking critical analysis of current processes; identifying areas for process improvements and automation;, determining optimal solutions resulting from sound analysis of business process and workflows (current state/future state); create project plans and implement 2. New Business Initiatives (new products, market segments, complex one-off transactions, etc.) - work with Business Development, Credit, Asset Management and Finance teams to gain understanding of structure and deal parameters; utilizing knowledge and expertise of existing systems and processes, identify and propose strategies/solutions; documentation of workflows as needed; work with all internal teams to ensure smooth integration and coverage of all risk & compliance controls; 3. Reporting & Data Analysis • Develop LF reporting package; determine and evaluate metrics required to meet business needs; prepare reports by collecting, analyzing and summarizing information. • Prepare Collect, analyze and summarize information • Streamline all existing reporting including monthly Perfect Pay Reporting and other specialized reporting being completed for various partners • Develop dashboard to provide status of new business, KPI’s, projects • Review exception reporting on transactions and identify process/system changes as required 4. Special Projects – Plan and support various projects and initiatives including Term Loan conversion, Process Automation initiatives, Tax projects. 5. Risk & Controls -Ensure that all controls relating to Compliance Risk and Operational Risk are effective and operational at all times; point of contact for LF related audits; provide representation for LF on RCSA process and Operational Risk Management. 6. Systems Related • Gain detailed understanding of all system capabilities (Infolease, CCEx, various databases) • As required, design and document system enhancement requirements, prioritize, work with IT team to develop, UAT testing, training and implementation, • Participate in Technology Stakeholder Meetings as needed
• BA, BS or equivalent • 5+ years of business experience; Financial Service Industry experience preferred • Strong Computer Skills • Advanced Microsoft Office skills including Outlook, Word, Excel, Access, PowerPoint and Visio • Strong Project Management skills • Detail oriented with strong problem resolution skills • Highly organized • Ability to work and effectively interact and contribute in a fast-paced team environment • Ability to identify and lead change
External Company Name: CIT Group LLC
External Company URL: https://www.cit.com/