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Vice President, Aviation Underwriter in New York, NY

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compensation:

$250K - $500K*

specialty:

Banking, Loans & Insurance, Corporate Finance

experience:

8 - 10 years

Job Description

Responsibilities

Reporting to the Lead Aviation Underwriter, individual will be responsible for underwriting as well as portfolio management of aircraft secured loan transactions and assisting with the preparation of presentations and reports for regulatory and internal informational purposes.


Essential Duties:

• New business – evaluate new transactions, including the analysis of financial statements, capital structures, and the business/industry/competitor landscape to identify transaction risks and mitigants and recommend transaction structures appropriate to the opportunity; pre-screen transactions, conduct due diligence, prepare credit approval memos on transactions that are green-lighted in the pre-screen process and present transactions to credit committee in order to obtain credit approval.

• Manage assigned portfolio accounts – monitor performance and covenant compliance, prepare trend cards and periodic/annual reviews, process amendmen

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Valid through: 2020-5-13

About CIT Group

CIT Group Inc. is an American financial holding company founded in 1908 with more than $65 billion in finance and leasing assets. The companys name is an abbreviation of an early corporate name, Commercial Investment Trust. It provides financing and leasing capital to its middle market clients and their customers across more than 30 industries. CIT maintains leadership positions in middle market lending, factoring, retail finance, aerospace, equipment and rail leasing, and global vendor finance. CIT also operates CIT Bank and BankOnCIT.com, its primary bank subsidiary.
Total Jobs:
35
Total Experts:
18
Average Pay:
$159,925
Total value of jobs:
$10,715,000
% Masters:
32%
Learn More About CIT Group
* Ladders Estimates

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