CIT Reviews | Glassdoor

CIT Reviews

Updated June 20, 2017
318 reviews

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318 Employee Reviews

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Pros
Cons
  • No real management direction, no accountability from senior management (in 16 reviews)

  • While I was there, there was no commitment to work/life balance (in 7 reviews)

More Pros and Cons

  1. "Assistant VP, Leveraged Finance, NYC"

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

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

    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. "Very rewarding"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Very knowledgible employees
    Good atmosphere
    great first level management
    on site caf.
    great sdlc procedures
    current applications
    management keeps employees informed

    Cons

    not enough offices some mangers are in cubicles
    bad meeting rooms some enclosed by glass only
    Livingston building needs to be modernized

  3. Helpful (1)

    "Good Company"

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

    Pros

    Management listened to workers ideas

    Cons

    Inter office politics can be a problem


  4. "Company on the move"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Analyst in Livingston, NJ
    Former Employee - Business Analyst in Livingston, NJ
    Recommends
    Approves of CEO

    I worked at CIT full-time (More than 3 years)

    Pros

    Good company to work for, good culture, nice people

    Cons

    Good company, can't think of any

    Advice to Management

    Keep doing what you're doing


  5. "Financial Industry Makes a Difference!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Livingston, NJ
    Current Employee - Vice President in Livingston, NJ
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Talented group of individuals who jointly collaborate to meet company goals.
    Challenging, fast paced and a terrific place to grow, exceed and be recognized.
    Excellent compensation package.

    Cons

    Regulation requirements sometimes hinder overall success.
    Leadership IT team is slightly top-heavy.
    Advancement can be challenging.

    Advice to Management

    Consider conducting an internal assessment of human resources before going out into the marketplace to seek skills that might already exist in-house.


  6. "VP"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in Chicago, IL
    Former Employee - Vice President in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at CIT full-time (More than 3 years)

    Pros

    Very fast pace, Intelligent people, good compensation

    Cons

    They have some risky ventures, makes more but job security changes

    Advice to Management

    none


  7. Helpful (1)

    "Great experience, but limited mobility"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Charlotte, NC
    Current Employee - Vice President in Charlotte, NC
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at CIT full-time (More than 8 years)

    Pros

    Great work life balance. Great learning experience provides strong foundation.

    Cons

    Limited mobility, both upward and lateral.

    Advice to Management

    Support cross functional development of employees and open avenues for advancement.

  8. Helpful (1)

    "Good Team"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Analyst in New York, NY
    Current Employee - Financial Analyst in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at CIT full-time (More than a year)

    Pros

    Great people, reasonable hours (not IB hours)

    Cons

    CIT has terrible IT systems

    Advice to Management

    None


  9. "Great place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at CIT full-time

    Pros

    CIT Group is a great Company to work for. Management is very dedicated to training younger employees. They go over and beyond to help new analyst. Depending on which department you are in, you usually have a great work life balance.

    Cons

    Company is in a transition right now, limited growth.

    Advice to Management

    Keep up the training, it shows you are dedicated toward your employees.


  10. Helpful (3)

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

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Staff Accountant in Jacksonville, FL
    Former Employee - Staff Accountant in Jacksonville, FL
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at CIT full-time (Less than a 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 Management

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


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