There are newer employer reviews for CIT
There are newer employer reviews for CIT

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Helpful (1)

A wonderful onsite experience. A lot learned in a while.

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

I have been working at CIT as a contractor (Less than a year)

Recommends
Positive Outlook
Approves of CEO
Recommends
Positive Outlook
Approves of CEO

Pros

Its a going concern. Very good and knowledgeable senior management, always engaged in new business plans for the growth. Good work culture. Everyone comes up to table with innovative ideas participating in healthy brainstorming sessions.

Cons

IT infrastructure is not bad but can be better with a little improvement.
More integration needed between the departments.

Advice to Management

start looking for employees on full time basis. As by the time contractors get equipped by the work , their contracts expires.
Look for more in-house application / software to reduce the licensing fee.

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  1. Assistant VP, Leveraged Finance, NYC

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

    I worked at CIT full-time (More than 5 years)

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Decent people; collegial atmosphere. Reasonable if not very competitive salary.

    Cons

    Poor morale, continues stream of layoffs. Horrible systems and work flows - not staffed or built to be a regulated bank. Little career advancement. Substandard pay vs. competition. Severe lack of leadership at many levels.


  2. Extremely knowledgeable senior management, help you learn the mechanics

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Corporate Finance Intern in Livingston, NJ
    Former Employee - Corporate Finance Intern in Livingston, NJ

    I worked at CIT

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Nice people, eager to help you learn the various aspects of financial reporting (Sarbanes- Oxley), TIC Reports, etc. Brief you on the weekly asset sales and help you prepare for the professional world.

    Cons

    The company went bankrupt recently and is under heavy surveillance from the regulators, so the bonus and salaries are below the industry average.


There are newer employer reviews for CIT
There are newer employer reviews for CIT

See Most Recent

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