CIT Reviews | Glassdoor

CIT Reviews

Updated October 23, 2018
404 reviews

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3.1
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Ellen Alemany
87 Ratings

404 Employee Reviews

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  1. Helpful (1)

    "AVP"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Disapproves of CEO

    I have been working at CIT full-time

    Pros

    Flexible work hours, great management

    Cons

    Not very much upward mobility


  2. Helpful (1)

    "Risk Management Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at CIT full-time

    Pros

    very good work life balance, little stress.

    Cons

    things tend to move very slowly. Not a lot of people passionate.

  3. "VP of Finance"

    StarStarStarStarStar
    Former Employee - Vice President, Finance in Livingston, NJ
    Former Employee - Vice President, Finance in Livingston, NJ

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

    Pros

    Work life balance and location is nice

    Cons

    Constantly shift company focus. Infrastructure is outdated.

    Advice to Management

    Be transparent. Stay on core business.


  4. "Risk Reporting"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Negative Outlook
    Disapproves of CEO

    I have been working at CIT full-time

    Pros

    Own your work, Flexible schedule

    Cons

    Not enough direction, limited visibility into management planning


  5. "Current"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Salary and Benefits are decent
    Some departments allow work/life flexibility

    Cons

    Poor morale
    Unstable environment
    Company wide communication


  6. Helpful (3)

    "Very Good Middle-Market Bank"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President in Santa Monica, CA
    Current Employee - Assistant Vice President in Santa Monica, CA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    CIT has a direct culture, where you are evaluated fairly and openly. Most manager's I have interacted with have high expectations of themselves and their employees. It is refreshing to see accountability and transparency emanate from the top of the bank. The work is challenging as an underwriter and requires long hours sometimes. Even so, employees having work/life balance is a focus of administration. Work hard, get your work done, and actually use some of your vacation. My experience has been great and feel that the company mostly executes on what it says it will do.

    Cons

    Very structured lending policies
    Finance company still transitioning to becoming a commercial bank
    Competes in an extremely competitive capital markets space

    Advice to Management

    Keep working on improving the process and culture. It is working!


  7. "Company"

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

    I worked at CIT full-time

    Pros

    The company is very flexible

    Cons

    The Company is undergoing reorganization

  8. "Indispensable"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Customer Service Representative in Austin, TX
    Former Employee - Customer Service Representative in Austin, TX
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at CIT full-time (More than a year)

    Pros

    Great teams to work with

    Cons

    Lack of management/department changes. Info comes much too late down the pipeline, and is always incorrect or confusing.

    Advice to Management

    More transparency!


  9. "Good"

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

    I have been working at CIT full-time

    Pros

    Work life balance and good benefits

    Cons

    Not much room to grow


  10. Helpful (1)

    "Worst Team Culture"

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

    I have been working at CIT part-time

    Pros

    Pay and benefits are decent

    Cons

    One of the worst jobs I have ever had in terms of culture. The actual tasks of the job are similar to other banking jobs, which are okay. Many of the employees though are rude and foster a divisive work mentality where throwing others under the bus is a norm - something more apt for a movie rather than a professional environment.

    Advice to Management

    Management needs to foster a positive culture that is inclusive and respectful to employees of all levels.


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