CIT Interview Questions

Updated May 13, 2014
Updated May 13, 2014
30 Interview Reviews

Interview Experience

Interview Experience

56%
26%
17%

Getting an Interview

Getting an Interview

67%
14%
6%

Interview Difficulty

2.8
Average

Interview Difficulty

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Average

Easy

Candidate Interview Reviews

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  1.  

    Credit Intern Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I applied online. The process took 3 weeks - interviewed at CIT.

    Interview Details

    One on one interview with two managers and CFO. Applied online, set up interview about a week later, interviewed at SLC office, did not hear back for about a month, found out could not be offered job because family member worked there. Process was a little unorganized. Completed all interviews in one day, took about two hours.

    Interview Questions
    No Offer
    Average Interview
  2.  

    Compliance Officer Interview

    Anonymous Interview Candidate  in  New York, NY
    Anonymous Interview Candidate in New York, NY
    Application Details

    I applied online. The process took 4+ weeks - interviewed at CIT in June 2010.

    Interview Details

    Several rounds of interviews with legal and compliance staff and HR, friendly, easy to interview with.

    Interview Questions
    • Interviews were more conversational than direct questions.   Answer Question
    Negotiation Details
    It was reasonable.
    Accepted Offer
    Positive Experience
    Average Interview
  3.  

    Financial Analyst Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I applied through college or university. The process took 2 months - interviewed at CIT.

    Interview Details

    Firm recruited at my school, submitted an application, and got a first round on campus. Interviewer couldn't have been more friendly and helpful in describing the position and his own experiences at the firm. Heard back within a week that I was invited to the superday a month away. Only interviewed with one group within Corporate Finance that I had selected. Had 4 30 minute interviews with VPs and MDs in the group, all of whom were easy to talk to. They asked mostly behavioral questions and questions about former job experiences. All in all it was a great experience and enjoyed talking with everyone I met.

    Interview Questions
    • Nothing unexpected, typical technical questions on valuation and banking   Answer Question
    Negotiation Details
    No negotiation
    Accepted Offer
    Positive Experience
    Average Interview
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  5.  

    Vice President Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I applied online. The process took 2 months - interviewed at CIT.

    Interview Details

    Met with 5 people over 1.5 months.

    Interview Questions
    • No technical questions. Reviewed employment history. Employees are nice   Answer Question
    Accepted Offer
    Positive Experience
    Average Interview
  6.  

    Intern Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Interview Details

    2 interviews, one technical, one more personality based

    Interview Questions
    No Offer
  7. 1 person found this helpful  

    Financial Analyst Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I applied through college or university. The process took a day - interviewed at CIT.

    Interview Details

    First round interview consisted of both technical and fit questions. The interviewer began with typical "walk me through your resume" and then proceeded to ask in-depth questions about each work experience. For example, the interviewed asked about how comparable analysis was done and what EBITDA meant. After this, the interviewer proceeded to ask about the text-book definition of "distressed companies" and a plethora of other questions such as what are examples of net working capital for an IT staffing company. (All of the above questions relate to my own work experience.)

    Interview Questions
    • The questions themselves weren't difficult; but beware of specifics. For example, if you say that you've done market research on the number of households using fiber optics as opposed to cable, you better remember the exact number of households and how you got there as well as what it means.   Answer Question
    No Offer
  8.  

    Analyst Interview

    Anonymous Interview Candidate  in  New York, NY
    Anonymous Interview Candidate in New York, NY
    Application Details

    I applied online. The process took 2 weeks - interviewed at CIT.

    Interview Details

    Applied online view school resource center. Got an HR screen. HR screen was just to see why I applied and which Corporate Finance group I was interested in. Then had a series of phone interviews with associates, mainly fit questions with a few DCF and financial statement questions.
    After that, was flown to the office for a "super day", which was more of meeting with several MDs with very few other candidates around. Very informal but welcoming.

    Interview Questions
    • Walk me through a DCF.

      Spoke with an MD at the office for about five minutes, then the rest was up to me to keep the conversation going for an extra 20 minutes.
        Answer Question
    Accepted Offer
    Positive Experience
    Easy Interview
  9.  

    Human Resources Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I applied online - interviewed at CIT.

    Interview Details

    Standard process, nothing notable. If you're referred by a senior person, the process is almost a formality. Otherwise, the usual: recruiter contacts you, phone screen, feedback goes to hiring manager, if they're interested they'll set up a round or two of interviews. Usually pretty efficient about staying in communication with candidates. Recruitment team is capable and well-intentioned, but understaffed relative to volume of activity. They handle it pretty well, though, but generalilsts often are forced to pick up a fair amount of recruitment.

    Interview Questions
    Negotiation Details
    Quick and inflexible. Senior positions have more negotiating flexibility.
    Accepted Offer
    Neutral Experience
    Average Interview
  10. 1 person found this helpful  

    Analyst Interview

    Anonymous Interview Candidate  in  New York, NY
    Anonymous Interview Candidate in New York, NY
    Application Details

    I applied through college or university. The process took 4+ weeks - interviewed at CIT in June 2013.

    Interview Details

    Applied online through school's career portal. Phone interview 3-4 weeks later. On site interview a week after that, consisting of 1 30-minute 2-on-1 interview, 2 30-minute 1-on-1 interviews, and a 30 minute informal discussion with CIT analysts who started with the company a year prior.

    Interview questions were resume based and "fit" questions.

    Heard back a week later that I was offered the position.

    Background checks took about 2 weeks.

    Interview Questions
    • Need to be able to convey that you are very capable with excel and how it can be useful to run some financial functions, such as DCF.   View Answer
    Negotiation Details
    Gave them a salary range at some point in the application process. The offer came back above that range. Did not negotiate.
    Accepted Offer
    Positive Experience
    Average Interview
  11.  

    Assistant Vice President Interview

    Anonymous Interview Candidate  in  Livingston, NJ
    Anonymous Interview Candidate in Livingston, NJ
    Application Details

    I applied through an employee referral. The process took 2 days - interviewed at CIT in May 2009.

    Interview Details

    Direct referral through networking, 2 interviews

    Interview Questions
    Negotiation Details
    Negotiated sign-on and short list for promotion
    Accepted Offer
    Neutral Experience
    Average Interview

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