CIT

  www.cit.com
  www.cit.com

CIT Reviews

Updated November 24, 2014
Updated November 24, 2014
138 Reviews
2.9
138 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
CIT Chairman and CEO John A. Thain
John A. Thain
65 Ratings

Review Highlights

Pros
  • Depending on which department you are in, you usually have a great work life balance (in 16 reviews)

  • Good benefits package and reasonable work/life balance depending on role (in 15 reviews)


Cons
  • Senior management is not in touch with all of the businesses (in 8 reviews)

  • this was once a good company but senior management team broke it and continue to drive this ship in the dirt with reckless abandon (in 5 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Risk Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CIT full-time (more than an year)

    Pros

    1) In Flux
    2) Work Life balance
    3) Bonuses

    Cons

    1) Bureaucratic
    2) Political
    3) Myopic
    4) Analysis Paralysis
    5) Incompetent

    Advice to ManagementAdvice

    Layoff people in overstaffed departments.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Finance Organization VERY open to changing and adapting to current environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in Livingston, NJ
    Current Employee - Analyst in Livingston, NJ

    I have been working at CIT full-time (less than an year)

    Pros

    Motivated individuals who care about each other. They are trying to get the old-school mentality out and adapt with changing ideas. With new merger with OneWest, CIT has good outlook.

    Competitive pay with industry. Actually slightly better than industry.

    When I was able to ask CEO John Thain about what type of qualities he would look for in someone he was hiring he replied by saying people who are motivated, smart, and most importantly people who you can get along with. If you

    Cons

    Not necessarily a Con but work consumes a giant portion of your life. Hard to balance everything else you want to do.

    Advice to ManagementAdvice

    Keep up the good work!

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    The company is defined by the wonderful people with whom you work

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at CIT

    Pros

    Great employees with good intent.

    Cons

    The company has no clear vision that can be articulated by the staff. Too many layoffs has depleted the enthusiasm of its wonderful employees.

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager in Livingston, NJ
    Former Employee - Manager in Livingston, NJ

    I worked at CIT full-time (more than 10 years)

    Pros

    High quality workers, very respectful

    Cons

    trend is to request a more difficult work load

    Recommends
    Negative Outlook
    No opinion of CEO
  6.  

    One of the best places to work.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous
    Current Employee - Anonymous

    I have been working at CIT full-time (more than an year)

    Pros

    The company is very diverse and the management executives are eager to see you grow within the company.

    Cons

    The amount of your workload does not always reflect in your pay.

    Advice to ManagementAdvice

    Consider the advantages of investing in your employees by paying for certain certifications that may apply to their future role within the company.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Good corporate lender, lacks the culture to be competitive in investment banking.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at CIT

    Pros

    Strong industry knowledge, good private equity relationships.

    Cons

    Timid calling officers and corporate culture.

    Disapproves of CEO
  8. 1 person found this helpful  

    Data Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Livingston, NJ
    Current Employee - Anonymous Employee in Livingston, NJ

    I have been working at CIT full-time (more than 3 years)

    Pros

    It was ok when I joined in 2011, but a new CIO turned the place upside down

    Cons

    New CIO, New CIO, New CIO

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  9. 2 people found this helpful  

    Nice place to work if you just want a job

    • Comp & Benefits
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CIT

    Pros

    Good work life balance. Hours are reasonable.

    Cons

    The company is trying to move all it's jobs to JAX Florida. So if you are working in NY or NJ chances are they will not promote you or provide you opportunity for job growth as every new position is moving down to Florida where it is cheaper.

    Advice to ManagementAdvice

    Your employees see what is happening and are moving to cruise control waiting for their packages

  10.  

    Great Company positioned for growth

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Director in Livingston, NJ
    Current Employee - Director in Livingston, NJ

    I have been working at CIT full-time (more than 10 years)

    Pros

    Great culture with smart people and excellent work life balance.

    Cons

    Red tape to get things done can be challenging.

    Advice to ManagementAdvice

    Streamline processes and invest in current technology.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Good work/life balance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in New York, NY
    Current Employee - Analyst in New York, NY

    I have been working at CIT full-time (more than 3 years)

    Pros

    There is a Good work-life balance.

    Cons

    There are Limited opportunities for advancement.

    Recommends
    Neutral Outlook
    No opinion of CEO

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