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The Cit Group Work Values
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Daily Duties at The Cit Group:
Junior Underwriter November 2001 to May 2007 Fast track promotion from Collateral Analyst, to Assistant Relationship Manager, to Credit Officer, to Audit Examiner, to Underwriter. Worked in cooperation with Regional Vice President and other senior management to analyze and underwrite debt financings for the Southeast region. • Underwrote and closed five transactions for $58 million in single customer accounts receivable purchase agreements over a four month period of time. Underwrote and closed $250 million in asset based lending transactions over a twelve month period of time. • Assisted in the development of operating, administrative, and back office procedures for an exclusive factoring arrangement with a logistics company and other furniture/accessory manufacturers to provide accounts receivable financing. Successfully closed seventeen transactions under this arrangement over a nine month period of time. Audit Examination April 2001 to November 2001 • Identified fraudulent activity by reviewing collateral and accounting records to determine the validity, quality and quantity of collateral supporting the revolving line of credit. Composed borrowing base outlining the transaction sources and uses based upon standard eligibility criteria. • 75% travel time. Credit Officer January 2001 to April 2001 Assistant Relationship Manager May 2000 to January 2001 Collateral Analyst October 1999 to May 2000
What they like about The Cit Group:
You give high priority to hiring firms with prestige. Market reputation and prestige of a firm may be determined through on-line research, and conversations with individuals working in your target industry. Note that firms "in the public eye" receive a great deal more critical publicity and attention than those operating with more anonymity. So as you assess your employment opportunities, be sure to seek out the positive aspects of the firm's reputation in addition to noting negative publicity the company may have received.
Skills
Information about The Cit Group
Company Rank: Not Available
Average length of employment : 8 years
Average salary of employees:
These are some of the questions we asked our climbers about their experiences with The Cit Group:
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| Were your performance expectations clearly communicated? | 0.0 |
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| Were you recognized for meeting or exceeding expectations? | 0.0 |
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| Did you feel like your personal contribution was important? | 0.0 |
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| Was your career path clearly outlined and discussed? | 0.0 |
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| I would recommend this as a place of employment. | 0.0 | |
| I believe in the purpose of this organization. | 0.0 | |
| I would work for this organization again. | 0.0 | |
| I feel employees are fairly compensated. | 0.0 |
