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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:
Working in an organization that is technologically advanced, creative, and innovative is critical in your assessment of hiring companies. Less important to you are stability of the organization, the length of time an organization has been in business, and the business' plans for the future. You prefer a fast-moving company that will take risks to achieve its goals and objectives. The length of time the company has been in business is irrelevant. Maintaining status quo is unnecessary. You thrive on change, uncertainty and the upside of potential business risks, especially those associated with innovation. Stability for the long haul is not nearly as important as is working in an atmosphere that is charged with a sense of urgency and constant change.
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 |
