CIT
2.9 of 5 103 reviews
www.cit.com New York, NY 1000 to 5000 Employees

103 Employee Reviews (View Most Recent)

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Not surprising the Home Lending unit failed during sub-prime crisis!

Underwriter (Former Employee)
Saint Louis, MO

I worked at CIT

ProsThe benefits package wasn't too bad. I was able to get most days off. Some of the other supporting staff was very pleasant to work with on a daily basis.

ConsManagement at local office was more concerned about the bottom line than the underwriting the correct way at times. This was a problem throughout the whole sub-prime industry. Doing the right thing and following guidelines all of the time would get you labeled a trouble maker. When asking for days off management would sometimes ask too many questions about why you wanted to take a day off or use a personal day.

Advice to Senior ManagementBetter focus on quality control and lending within CIT guidelines.

No, I would not recommend this company to a friend

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  • Work/Life Balance
         
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Too much GE blood in this small-business-minded, Fortune 500 company.

Customer Service Representative (Current Employee)
Chicago, IL

I have been working at CIT


Pros: Majority of employees are friendly and easy to work with. Middle managment is talented and willing to work with lower employees. Plenty of… Cons: Small business sector (Rail) has limitied opportunities for advancement within the company. CIT is not very open regarding their compensation possibilities, everything regarding pay,… Advice to Senior Management: Begin investing in employee development programs. This is key to employee retention. Also, place more importance on employee ratings systems. These are… More

  • Work/Life Balance
         
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  • Disapproves of CEO

 

Don't bother, if CIT survives it may not be of any value to work there.

Vice President of Information Technology (Former Employee)
Livingston, NJ

I worked at CIT


Pros: Technology is leading edge. Some of the front line technologists left… Cons: Outsourcing culture. Senior management is very susceptible to group think. Like minded individuals with poor management,… Advice to Senior Management: You have lost the company's trust. Decisions that were made to make CIT a Fortune… No, I would not recommend this company to a friend More

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