CIT

  www.cit.com
  www.cit.com

CIT Reviews

Updated 15 December 2014
Updated 15 December 2014
140 Reviews
3.0
140 Reviews
Rating Trends

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Approve of CEO
CIT Chairman and CEO John A. Thain
John A. Thain
66 Ratings

Review Highlights

Pros
  • Depending on which department you are in, you usually have a great work life balance (in 16 reviews)

  • Good benefits package and reasonable work/life balance depending on role (in 15 reviews)


Cons
  • Senior management is not in touch with all of the businesses (in 8 reviews)

  • this was once a good company but senior management team broke it and continue to drive this ship in the dirt with reckless abandon (in 5 reviews)

More Highlights

16 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Great place to work.

    • 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

    Pros

    I would definately recommend a job at CIT. Sometimes there is paralysis by analysis, but what company doesn't? The work/life balance is great. The company is very socailly conscious and does many things in the community. Teams from multiple departments work well together. I've seen many positive changes here in the time I've been with the company.

    Cons

    Learning and following the processes, but this is much improved.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    great atmosphere

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

    I have been working at CIT

    Pros

    great group of people, opportunities to advance, good benefits, work/life balance

    Cons

    HR can be slow and sometimes difficult to work with.

    Recommends
    Positive Outlook
  3.  

    Finance Organization VERY open to changing and adapting to current environment

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

    I have been working at CIT full-time (less than an year)

    Pros

    Motivated individuals who care about each other. They are trying to get the old-school mentality out and adapt with changing ideas. With new merger with OneWest, CIT has good outlook.

    Competitive pay with industry. Actually slightly better than industry.

    When I was able to ask CEO John Thain about what type of qualities he would look for in someone he was hiring he replied by saying people who are motivated, smart, and most importantly people who you can get along with. If you

    Cons

    Not necessarily a Con but work consumes a giant portion of your life. Hard to balance everything else you want to do.

    Advice to ManagementAdvice

    Keep up the good work!

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    One of the best places to work.

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

    I have been working at CIT full-time (more than an year)

    Pros

    The company is very diverse and the management executives are eager to see you grow within the company.

    Cons

    The amount of your workload does not always reflect in your pay.

    Advice to ManagementAdvice

    Consider the advantages of investing in your employees by paying for certain certifications that may apply to their future role within the company.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Great Company positioned for growth

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

    I have been working at CIT full-time (more than 10 years)

    Pros

    Great culture with smart people and excellent work life balance.

    Cons

    Red tape to get things done can be challenging.

    Advice to ManagementAdvice

    Streamline processes and invest in current technology.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    good experience, nice people, overall very good firm

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern in Livingston, NJ (US)
    Former Employee - Intern in Livingston, NJ (US)

    I worked at CIT as an intern (less than an year)

    Pros

    good training, strong leadership, excellent people

    Cons

    work can get monotonous at times

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Good place to work

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

    I worked at CIT full-time (more than 5 years)

    Pros

    Energetic, smart, upward, profitable, moving forward

    Cons

    Training, was bankrupt in 2009, emerged from bankruptcy the same year

    Advice to ManagementAdvice

    Value

    Recommends
    Positive Outlook
  9.  

    Amazing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Project Coordinator in Burlington, ON (Canada)
    Former Employee - Project Coordinator in Burlington, ON (Canada)

    I worked at CIT full-time (more than an year)

    Pros

    CIT is a great a place to work ... the management is really supportive for wanting to learn more, supportive of ideas to make things better and overall great place to be.

    Cons

    CIT deals with a lot of boring content, contracts, processing contract and the such, a lot of the roles in Burlington at least are very mundane, nothing too exciting. and the air in the building is so dry it feels like its sucking the life out of you.

    Advice to ManagementAdvice

    make it more interesting to work there

    Recommends
    Positive Outlook
    Approves of CEO
  10. 2 people found this helpful  

    Fresh Blood Driving Top-Down IT Transformation

    • 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

    Pros

    What a difference a year or two makes! I have been with CIT for over 10 years and perpetually frustrated at some poor business and technology decisions that drove us into bankruptcy and created a stagnant culture... until now.

    Fast forward to 2012 with a new CEO and CIO who both systematically replaced almost their entire management teams and drove a top down change in culture. IT's relationship with the business has been especially impacted with IT going from being glorified order takers to valued partners at the table helping drive business decisions.

    Stacey Goodman is known for her eye for talent and that clearly shows. She has given fresh opportunities to leaders that have been here a while, sent a clear message to those who have underperformed or not lived up to the new values, and focused a lot of energy on infusing fresh blood into many leadership roles.

    CIT has become a fun and exciting place to work again - especially IT. The company is investing in technology, putting video cameras and giant TVs in conference rooms, focusing investment in projects that will drive company wide transformation and help clean up the legacy mess that has accumulated over years of decreasing investment.

    The technology leadership team is a great bunch who are all masters of their domain. Frank Nazzaro has evolved the infrastructure team from bare metal provisioners to a great group of techies who are trying to modernize our foundation and leverage technologies like cloud computing. Stacey has done a good job of leveraging the best leaders she inherited and supplementing with fresh blood.

    Sure there are folks from the old guard who complain no matter who's holding the wheel or where we are going. Our leadership has made a point of engaging with these naysayers and challenging them to cheer up and help move us forward or step aside and make room. I respect that greatly. Set the target, clarify everyone's role and purpose, then let's rally together and get some stuff done.

    I am excited about working at CIT for the first time in a friggin decade. We are debt free, profitable, led by true visionaries, undergoing massive transformation and investing in technology to drive business growth. Couldn't be a better time for you to come on board.

    Cons

    HQ is in Livingston, NJ
    Building came via time portal straight from the 70's
    Lots of legacy process (though they are attacking this methodically)
    Information security (but they stink wherever you go)
    Parking lot has flooded a few times since I've been here
    Compliance group just gets bigger every year, what's up with that?
    Lots of legacy systems, one mainframe that may never go away (but it works and everyone has warts)
    The lady who makes my sandwiches in the cafeteria is sometimes grumpy

    Recommends
    Positive Outlook
    Approves of CEO
  11. 1 person found this helpful  

    Great Company

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

    I worked at CIT as an intern (less than an year)

    Pros

    Well-paid for an intern, great experience, very good management.

    Cons

    Some of the people are difficult to work around.

    Advice to ManagementAdvice

    Bring in more effective employees for operations. Difficult to work while so many employees are so negative toward/about one another

    Recommends
    Positive Outlook
    Approves of CEO

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