CIT

  www.cit.com
  www.cit.com

CIT Reviews

Updated December 15, 2014
Updated December 15, 2014
140 Reviews
3.0
140 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
CIT Chairman and CEO John A. Thain
John A. Thain
66 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  

    Great team environment

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

    I worked at CIT full-time

    Pros

    Great culture
    Ability to work for and with highly skilled individuals
    Merit driven appreciation, not political
    Employees treated with respect, equitable
    High growth potential
    Overall great place to work and grow professionally

    Cons

    Operations could be more efficient, updated
    Funding resources

    Advice to ManagementAdvice

    Help streamline process and execution. You have outstanding employees. If you can give them the tools to drive faster execution, sky's the limit for CIT.

    Recommends
    No opinion of CEO
  2.  

    CIT Rail rewards results, takes risks promoting internal candidates to new opportunities.

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

    I have been working at CIT full-time

    Pros

    With an established practice of hiring internally to fill top positions and filling lower positions externally, CIT Rail is an excellent place to grow and have a career.

    CIT Rail is very difficult to get into, the compay hires only the very best and brightest people it can find so you're always working with people you can respect and that respect you. Fit (group dynamic) is just as important as formal qualifications in the interview process so it's actually a fun environment to work in.

    CIT Rail managment respects work life balance, I work very reasonable hours and as long as my work gets done very well, my manager allows me a lot of freedom with my time.

    Cons

    The onboarding process at CIT can be a bit slow, but it's definitely worth the wait.

    When everyone on your team is smart, hard working, and looking to impress it can be difficult to stand out. Managment is cognisant of the fact that its working with the cream of the crop, expectations are very high but accomplishments are definitely rewarded.

    CIT has become a bank holding company. For those of us who were here before, the environment feels more tightly controlled, less free, more guarded. I've heard from others who worked at other banks before or who have since moved to other banks, CIT Rail feels more laid back and relaxed than other banks though it is adequately controlled.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Financial Systems avp

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

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

    Pros

    great people, great opportunities, awesome

    Cons

    overall none. a great place

    Advice to ManagementAdvice

    keep up the great work

    Recommends
    Positive Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    My experience at CIT has been satisfactory

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

    I have been working at CIT

    Pros

    Good benefits and flexible scheduling

    Cons

    Communication from Senior mgmt could be better

    Recommends
    Approves of CEO
  6.  

    joined in an acquisition and was given every opportunity by CIT management.

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

    I worked at CIT

    Pros

    leader in the industry, excellent compensation and incentive, retired in 2009

    Cons

    prior management torpedoed the company, company has been crippled by regulators and losses

    No opinion of CEO
  7.  

    Great Place to Work

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

    I worked at CIT

    Pros

    Wish they were still open. Excellent place to work. Very supportive from upper to mid management.

    Cons

    too bad they closed
    technology was poor but they were making improvements

    Advice to ManagementAdvice

    no advice

    Recommends
    No opinion of CEO
  8.  

    Supportive and motivating with adequate level of responsibility.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Marketing Analyst in Dublin, Dublin (Ireland)
    Former Employee - Marketing Analyst in Dublin, Dublin (Ireland)

    I worked at CIT

    Pros

    Motivating environment with new deals happening frequently enough to keep things interesting.

    Cons

    Some departmental glass ceilings imposed by colleagues who want to keep you down so they can take credit and flourish before you.

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    Excellent place to work and develop

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

    I worked at CIT full-time (more than 8 years)

    Pros

    Fair compensation, opportunity to grow and develop your skills and learn new ones. Professional atmoshphere

    Cons

    some middle managers tend to treat their departments as though they are their personal fiefs.

    Advice to ManagementAdvice

    Invest in the best and brightest people and you will reap substantial dividends.

    Recommends
    Positive Outlook
    Approves of CEO
  10. 1 person found this helpful  

    Great company, just be careful who you work for...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Staff Accountant in Jacksonville, FL
    Former Employee - Staff Accountant in Jacksonville, FL

    I worked at CIT full-time (less than an year)

    Pros

    Great company, good benefits, nice atmosphere. Most employees are friendly and willing to help you succeed.

    Cons

    I was hired while still in school and expected to know as much as others who have been working in accounting for 5+ years. Training was minimal/unorganized. No on-boarding or introduction to company. Interns got more training and learned more about the company than new hires. Depending on your department, you may be expected to work some insane hours. My manager always pointed out the negative, never said anything good, and definitely played favorites with employees.

    Advice to ManagementAdvice

    Look at departments with high turnover and ask what's going on that people aren't staying.

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Solid experience at CIT -

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

    I worked at CIT as an intern (less than an year)

    Pros

    Smart nice people, certain divisions growing really fast. The CEO has done a good job of growing the company. The corporate culture is hard working but definitely not crazy.

    Cons

    In certain division, disorganized but people have good spirits about it. Certain divisions don't seem too busy but some are overworked.

    Advice to ManagementAdvice

    Get some wins and hire more -

    Recommends
    Positive Outlook
    Approves of CEO

CIT Photos

CIT Aerospace
Company Flag

+ Add Photo

Work at CIT? Share Your Experiences

CIT

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.