VP, Quantitative Regulatory Liquidity

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 /about.Key Responsibilities:Ongoing LCR production, analysis and reporting including, LCR methodology development, and alignment with other Internal Liquidity Stress-testing activities, including preparation of executive level materialsInterpretation, communication and implementation of liquidity requirements under Reg YY, OCC bulletins and Federal Reserve SR letters (e.g., LCR, and NSFR ) for senior managementDevelopment of liquidity tools and analysis to support Treasury and other stakeholders in the strategic decision-making of capital, funding, and investment resourcesDevelopment of liquidity stress-testing methodologies using analytical tools, historical data, and other appropriate information in a manner consistent regulatory expectations, and aligned with market risk modeling for on and off-balance sheet exposures; ability to prepare related documentation and conduct appropriate controlsSupport for methodology and data design, implementation and associated controls to address increasing regulatory expectations for larger institutions (e.g., 2052A reporting)Qualifications:Comprehensive knowledge of Liquidity Regulation for financial institutions, including, Reg YY, Liquidity Coverage Ratio (LCR), Net Stable Coverage Ratio (NSFR), and FR 2052aStrong analytic skills, and rigorous and disciplined approach to development of new liquidity methodologiesAbility to interpret new Liquidity Regulation and translate into actional implementationAbility to utilize a range of liquidity, investment, ALM modelling systems. Knowledge of QRM preferred-Strong project management, presentation, and communication skills10+ years relevant experience, preferably an advanced degree in a quantitative field, such as Financial Engineering, MathematicsCIT is committed to Equal Employment Opportunity. It is CIT''s policy to provide equal employment opportunities to all qualified applicants without regard to their race or perceived race (including traits historically associated with race, such as hair texture and protective hairstyles), color, national origin, nationality, ancestry, citizenship, immigration status, age, sex (including pregnancy, lactation, childbirth or related medical conditions), actual or perceived gender, gender identity, gender expression or transgender (including transgender individuals who are transitioning, have transitioned, or are perceived to be transitioning to the gender with which they identify), religion, creed, marital status, family status, domestic partnership or civil union status, affectional or sexual orientation, atypical hereditary cellular or blood trait, genetic information or predisposition or carrier status (including testing and characteristics), status as a victim of domestic violence, actual or perceived status as a caregiver, military status and service, protected veteran status, mental or physical disability, perceived disability, record of disability, medical condition, AIDS and HIV status, or any other protected characteristic established by applicable federal, state, or local laws. If you would like more information about your EEO rights as an applicant under the law, please click here:Pay Transparency NoticeEEO Law PosterEEO Supplemental Poster

Created: 2021-11-29