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Working At CIT Group

Zippia Score 4.8

CIT Group overview

CIT Group Inc. is a financial holding company and bank holding company incorporated in Delaware and headquartered in New York City. CIT Bank, N.A., CIT's banking subsidiary, is headquartered in Pasadena, California. The company's name is an initialism of an early corporate name, Commercial Investment Trust.
The staff at CIT Group come from unusually diverse demographic backgrounds. The company is 44.7% female and 42.0% ethnic minorities. The diversity in CIT Group employees extends to employee political beliefs. Its employees are politically diverse and represent a balanced blend of political orientations, with 50.0% Democrats and 48.4% Republicans. Despite their political differences, employees at CIT Group seem to be happy. The company has great employee retention with staff members usually staying for 4.5 years. The average employee at CIT Group makes $98,868 per year. In comparison, some of its highest paying competitors, like BNP Paribas, Dresdner Kleinwort Wasserstein, and Neuberger Berman, pay $116,886, $107,239, and $102,730, respectively.
A large professional company with 3,678 employees and an annual revenue of $2.3B, CIT Group is headquartered in New York, New York.

Industry

Bank Holding

Revenue

$2.3B

Employees

3,678

Founded in

1908

Headquarters

New York, NY

Website

careers-cit.icims.com

Website

careers-cit.icims.com

Organization Type

Public

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The team at CIT Group

Key People
  • Lisa Polsky (Executive Officer)
  • John Ryan (Director)
  • Gerald Rosenfeld (Director)
  • Peter Tobin (Director)
  • Mehak Akmal (Assistant Vice President, Digital And Social Media Marketing)
  • Steven Mnuchin (Executive Officer, Director)
  • Margaret Tutwiler (Executive Officer)
  • Alan Frank (Director)
  • Laura Unger (Director)
  • Sheila Stamps (Executive Officer, Director)
  • Andrew Brandman (Executive Officer)
  • David Moffett (Director)
  • Ellen Alemany (ceo)
  • James Duffy (Executive Vice President And Chief Human Resources Officer)
  • James Spencer (AVP Marketing)
  • Marianne Parrs (Director)
  • John Thain (Executive Officer, Director)
  • Brad Oates (Director)
  • Gina Proia (Chief Communications And Marketing Officer)
  • William Freeman (Director)
  • Joseph Otting (Executive Officer)
  • Jeffrey Knittel (Executive Officer)
  • Michael Embler (Director)
  • Nelson Chai (Executive Officer)
  • Carol Hayles (Executive Officer)
  • Scott Parker (Executive Officer)
  • Robert Ingato (Executive Officer)
  • Seymour Sternberg (Director)
The Culture At CIT Group
Information provided by the company
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.
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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.
CIT contributes to communities where we live, work and do business through charitable donations, community investments and employee volunteerism.
Discover more at cit.
Promotes positive bank image within the community and represents Bank in local community organizations.

What do people say about CIT Group

3.0

Zippia Official LogoZippia UserMarch 2019

What Do You Like About Working There?

Great people , stable company Show More
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CIT Group Rankings

CIT Group is ranked #56 on the Best Finance Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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CIT Group Salaries

How much does CIT Group pay?
The national average salary for a CIT Group employee in the United States is $92,116 per year. Employees in the top 10 percent can make over $171,000 per year, while employees at the bottom 10 percent earn less than $49,000 per year.
9.3
Salary Score
Average Employee Earnings

CIT Group Salaries By Job Title

While the average employee salary at CIT Group is $92,116, there is a big variation in pay depending on the role. Some of the job titles with high salaries at CIT Group are Vice President Of Information Technology, Finance Vice President, Vice-President Of Quality, and Account Manager. A worker with the title Vice President Of Information Technology salary at CIT Group can earn an average yearly salary of $164,781. To get a better sense of the salaries at CIT Group, other roles such as Customer Service Representative and Internship can be considered as well. For comparison, the title Customer Service Representative at CIT Group earns $23,635 per year.

CIT Group careers

On average, employees at CIT Group stay with the company for 4.5 years. Employees most commonly join CIT Group after leaving Citi. When they leave CIT Group, they most frequently get their next job at Wells Fargo.

Average Length of Employment

CIT Group

4.5 years
Comerica4.2 years
Top Employers Before CIT Group
Citi15.6 %
AT&T6.5 %
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Top Employers After CIT Group
Citi9.4 %
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CIT Group Financial Performance

9.9
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1908

Organization type

Public

CIT Group Financing Rounds

DateAmount
Aug 14, 2015Equity
$1,456,949,403

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CIT Group Subsidiaries

Subsidiaries to CIT Group include EDUCATION LENDING GROUP. Employees at the parent company, CIT Group, earn $98,868 whereas employees at EDUCATION LENDING GROUP earn $60,279, on average.

CIT Group Competitors

Competitors of CIT Group include EDUCATION LENDING GROUP, BNP Paribas, and Dresdner Kleinwort Wasserstein. Employees at EDUCATION LENDING GROUP earn more than most of the competition, with an average yearly salary of $118,122. Employees at BNP Paribas earn an average of $110,971 per year, and the employees at Dresdner Kleinwort Wasserstein earn an average salary of $101,566 per year.

Frequently Asked Questions about CIT Group

When was CIT Group founded?

CIT Group was founded in 1908.

How many Employees does CIT Group have?

CIT Group has 3,678 employees.

How much money does CIT Group make?

CIT Group generates $2.3B in revenue.

What industry is CIT Group in?

CIT Group is in the bank holding industry.

What type of company is CIT Group?

CIT Group is a public company.

Who are CIT Group's competitors?

CIT Group competitors include Comerica, BMO Harris Bank, Bank of America, EDUCATION LENDING GROUP, People's United Financial, KeyBank, Wells Fargo, U.S. Bank, AllianceBernstein, BNP Paribas, The Bear Stearns Companies, Bankers Trust Company, Neuberger Berman, Ocwen Financial, Pershing, Commerzbank, East West Bank, Republic Bank, Jefferies, Umpqua Holdings.

Who works at CIT Group?

Lisa Polsky (Executive Officer)

John Ryan (Director)

Gerald Rosenfeld (Director)

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Where is CIT Group's headquarters?

CIT Group's headquarters is in New York, NY.

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Zippia gives an in-depth look into the details of CIT Group, including salaries, political affiliations, employee data, and more, in order to inform job seekers about CIT Group. The employee data is based on information from people who have self-reported their past or current employments at CIT Group. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of CIT Group and its employees or that of Zippia.