VP, Loan Closing Manager

CIT Group Livingston , NJ 07039

Posted 3 months ago

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

  • Coordinating loan closings with Business Unit personnel, Finance and Treasury Operations.

  • Client onboarding to the loan receivables platform, along with reviewing other Team Member's work is required.

  • Candidate will work closely with various Commercial Finance Business Units to insure successful on-boarding, closing and funding of deals, insuring all data for financial, accounting and Regulatory Reporting is accurate.

#LI-DV1

Qualifications

  • Bachelors Degree in business related area.

  • 10+ years Commercial Loan Operations, with emphasis on closing Middle Market direct, club and syndicated loan transactions.

  • Knowledge of Finastra Loan IQ preferred.

  • Candidate with some accounting background and good knowledge of Microsoft Excel to prepare spreadsheets for reconciliation purposes is a plus.

  • Superior communications and multitasking skills, with the ability to interact with multiple individuals and departments in both the US and overseas.

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VP, Loan Closing Manager

CIT Group