CIT Reviews

Updated 24 April 2015
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4.0
36 Reviews
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CIT Chairman and CEO John A. Thain
John A. Thain
19 Ratings

36 Employee Reviews

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  1. Sr Accountant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Accountant in Jacksonville, FL (US)
    Former Employee - Senior Accountant in Jacksonville, FL (US)

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

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Unbelievable PTO days. All the days are combined. This company offers Personal Days, Sick Days, Vacation Days. Plus rollover 1 week.
    11 Holidays
    Great 401K match
    Jeans worn during the whole and during the last two weeks of the years.
    Best tuition reimbursement payout.
    Hours 8:30 to 5

    Cons

    Merit increases are low percentage.
    Limited growth depending on your department
    Doesn't off offsite training.

    Advice to Management

    None

  2. Vice President

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President in New York, NY (US)
    Current Employee - Vice President in New York, NY (US)

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

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

    Pros

    Collegiate and collaborative atmosphere...at CIT, even when in a control or risk function people are polite and ready to work toward solutions. It is a refreshing and energizing place to work. Work-life balance is also excellent.

    Cons

    As it continues its transition from finance company to bank, there are some adjustment pains. The different functions don't always know their boundaries, and new policies and procedures need some weathering.

    Advice to Management

    Keep up good work toward bank organization and controls, but don't forget our origins in middle market and equipment financing.

  3. Operations Clerk

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at CIT

    Pros

    Very Good working environment

    Cons

    Basic Salary is not high

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  5. Helpful (1)

    AVP

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Vice President in Livingston, NJ (US)
    Current Employee - Assistant Vice President in Livingston, NJ (US)

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

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Location is very convenient if you live in NJ.

    Cons

    Offer better pay and career advancement.

    Advice to Management

    Offer competitive compensation.

  6. Helpful (1)

    Good place to start out as an analyst - ability to learn and speak with upper level management.

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

    I have been working at CIT

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

    Pros

    Good Work/Life balance, Decent Pay, Flat organizational structure. Laid back culture.

    Cons

    ability to move within the company is very hard. Lack of deal flow.

  7. My life as a CIT Aerospace Commercial Airlines Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Intern - Commercial Airlines Research in Plantation, FL (US)
    Current Intern - Commercial Airlines Research in Plantation, FL (US)

    I have been working at CIT as an intern

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Nice people, approachable leadership, best compensation as an intern, hands on work, autonomy, good networking experience, reasonable to heavy work load.

    Cons

    Must learn effective work-life balance. No established training program.

  8. Helpful (1)

    Positive experience

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at CIT

    Pros

    Good people. Training program. Good benefits.

    Cons

    None that I can think of

  9. I have been working at CIT Group

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Contractor - Operations Administrator DACH in Dublin, Dublin (Ireland)
    Current Contractor - Operations Administrator DACH in Dublin, Dublin (Ireland)

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

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Great place to work. You learn a lot about business in a small amount of time, good atmosphere, competent people, great work life balance.

    Cons

    Upper management has no clear vision of future, limited personal growth

  10. Supportive and motivating with adequate level of responsibility.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Marketing Analyst in Dublin, Dublin (Ireland)
    Former Employee - Marketing Analyst in Dublin, Dublin (Ireland)

    I worked at CIT

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Motivating environment with new deals happening frequently enough to keep things interesting.

    Cons

    Some departmental glass ceilings imposed by colleagues who want to keep you down so they can take credit and flourish before you.

  11. Excellent place to work and develop

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Director in New York, NY (US)
    Former Employee - Director in New York, NY (US)

    I worked at CIT full-time (More than 8 years)

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

    Pros

    Fair compensation, opportunity to grow and develop your skills and learn new ones. Professional atmoshphere

    Cons

    some middle managers tend to treat their departments as though they are their personal fiefs.

    Advice to Management

    Invest in the best and brightest people and you will reap substantial dividends.

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