CIT Group Livingston , NJ 07039
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.
Provide thought leadership in the design and implementation of strategies for management and measurement of liquidity risk
Maintain thorough understanding of the regulatory requirements regarding liquidity risk; drive appropriate plans and actions to ensure any gaps are addressed on a timely basis
Monitor and report on liquidity metrics including cash position and forecast, LCR, NSFR, Internal Liquidity stress testing, etc
Work directly with Business and Corporate leadership teams to ensure a sound understanding of liquidity risks, providing an independent view and value-adding contribution to enhance proactive risk management and establish an effective relationship as a trusted business partner
Pro-actively and continuously reassess CIT's liquidity risk environment and adjust measurement and controls as necessary to ensure a strong framework.
Assist in preparation of monthly ALCO materials and development of key communications to committee members
Contribute to production of key stress test reporting and methodology enhancements
Develop key controls for management reporting and ensure accuracy of data generated
Minimum of 3 years of experience in Bank Treasury quantitative role with significant project management expertise and strong communication skills
Demonstrable knowledge and understanding of relevant regulations for a SIFI institution (e.g. Enhanced Prudential Standards) and experience managing regulatory relationships and issues.
Has appropriate business liquidity risk experience, including risk measurement, stress testing and reporting
Degree in a quantitative discipline such as Finance, Applied Mathematics, etc. or equivalent professional qualifications in risk
Excellent written / oral communication skills in particular, an ability to communicate complex technical ideas to a diverse audience and relate to less market and liquidity risk aware businesses
Strong excel modeling skills, VBA experience a plus
Ability to multitask and meet aggressive deadlines
Excellent organizational skills and attention to detail