Founded in 1908, CIT (NYSE: CIT) is a leading national bank empowering businesses and personal savers with the financial agility to navigate their goals. We believe in helping customers turn their ideas into outcomes. Whether those customers are building a business or building their savings, CIT has the experience and agility to empower them to achieve their goals. At CIT, how we do business is just as important as what we do. Our social responsibility programs focus on driving financial and personal empowerment, supporting the environment and advancing wellness. CIT contributes to communities where we live, work and do business through charitable donations, community investments and employee volunteerism.
The Quantitative Strategies group partners with all business areas and corporate functions within the organization for model development, quantitative research, business analytics, risk management and process enhancement. All members of the team work in close collaboration across multiple areas as business priorities dictate.
The role will primarily focus on computer programming in python, but will require the use of data science and statistical thinking.
The Quantitative Strategies team (QS) delivers model development, research and analysis to support CIT in 3 objectives:
* Building and supporting models for credit grading for Commercial Banking. * Building and supporting models for regulatory requirements. * Build tools & process enhancements to increase bandwidth for (1) & (2) above * Ad-hoc help for other areas
* Bachelor's degree or higher in computer science, engineering, physics, applied mathematics, or other scientific degree where focus was on software engineering. MSc preferred * 3+ programming experience Python, C/C++, .NET, and SQL required * 4-8 years' experience and evidence with real world data wrangling (querying, storing, cleaning, aggregating & summarizing data) * Articulate communicator (can summarize complicated ideas succinctly for non-technical audiences)
CIT provides banking and related services to commercial and individual customers.