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AVP, Underwriter - Energy

Company: CIT
Location: Santa Monica
Posted on: September 13, 2020

Job Description:

CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals. CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of experience and operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender). The company's commercial banking segment includes commercial financing, community association banking, middle market banking, equipment and vendor financing, factoring, railcar financing, treasury and payments services, and capital markets and asset management. CIT's consumer banking segment includes a national direct bank and regional branch network. Discover more at cit.com/about. AVP, Underwriter - Energy

Location US-CA-Santa Monica

Job ID

32633

# Positions

1

Job Family

Originations Support - Underwriting

Type

Full-Time

Overview

CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals. CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of experience and operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender). The company's commercial banking segment includes commercial financing, community association banking, middle market banking, equipment and vendor financing, factoring, railcar financing, treasury and payments services, and capital markets and asset management. CIT's consumer banking segment includes a national direct bank and regional branch network. Discover more at cit.com/about.

Responsibilities

Support senior underwriting staff and originations teams in deal execution. Specific tasks include:

Prepare and Review and update financial models to determine debt payback period and project valuation. Sensitize and test assumptions

Co-lead underwriting team in legal and technical due diligence

Review and update internal presentations and credit memoranda for deal approval

Review marketing documents including pitches, lenders presentations and confidential information memoranda

Review and prepare certain internal reports and assist with ad-hoc tasks

Qualifications

* 5+ years credit underwriting and portfolio experience in Project Finance

* Bachelor's degree in Finance, Engineering, Accounting, Economics, or related field highly preferred

* Highly proficient in MS Excel (including financial modeling), Word, and PowerPoint

* Confident and effective communicator (both verbal and written)

* Ability to lead and train junior staff

* Ability to meet deadlines, strong multi-tasking and organizational skills

* Completion of a formal credit training program a plus * 5+ years credit underwriting and portfolio experience in Project Finance * Bachelor's degree in Finance, Engineering, Accounting, Economics, or related field highly preferred * Highly proficient in MS Excel (including financial modeling), Word, and PowerPoint * Confident and effective communicator (both verbal and written) * Ability to lead and train junior staff * Ability to meet deadlines, strong multi-tasking and organizational skills * Completion of a formal credit training program a plus

Keywords: CIT, Santa Monica , AVP, Underwriter - Energy, Other , Santa Monica, California

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