CIT

www.cit.com

CIT Reviews

Updated 19 January 2015
Updated 19 January 2015
145 Reviews
3.1
145 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
CIT Chairman and CEO John A. Thain
John A. Thain
68 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

Employee Reviews

Sort: Popular Rating Date
  1.  

    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

    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.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    Risk Analyst

    • 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 full-time (more than an year)

    Pros

    1) In Flux
    2) Work Life balance
    3) Bonuses

    Cons

    1) Bureaucratic
    2) Political
    3) Myopic
    4) Analysis Paralysis
    5) Incompetent

    Advice to ManagementAdvice

    Layoff people in overstaffed departments.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    The company is defined by the wonderful people with whom you work

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at CIT

    Pros

    Great employees with good intent.

    Cons

    The company has no clear vision that can be articulated by the staff. Too many layoffs has depleted the enthusiasm of its wonderful employees.

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  5. 2 people found this helpful  

    Data Analyst

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

    I have been working at CIT full-time (more than 3 years)

    Pros

    It was ok when I joined in 2011, but a new CIO turned the place upside down

    Cons

    New CIO, New CIO, New CIO

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  6.  

    manager

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

    I worked at CIT full-time (more than 10 years)

    Pros

    High quality workers, very respectful

    Cons

    trend is to request a more difficult work load

    Recommends
    Negative Outlook
    No opinion of CEO
  7.  

    Good corporate lender, lacks the culture to be competitive in investment banking.

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

    I worked at CIT

    Pros

    Strong industry knowledge, good private equity relationships.

    Cons

    Timid calling officers and corporate culture.

    Disapproves of CEO
  8.  

    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
  9.  

    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)

    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 ManagementAdvice

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

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

    Nice place to work if you just want a job

    • Comp & Benefits
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CIT

    Pros

    Good work life balance. Hours are reasonable.

    Cons

    The company is trying to move all it's jobs to JAX Florida. So if you are working in NY or NJ chances are they will not promote you or provide you opportunity for job growth as every new position is moving down to Florida where it is cheaper.

    Advice to ManagementAdvice

    Your employees see what is happening and are moving to cruise control waiting for their packages

  11.  

    Good work/life balance

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

    I have been working at CIT full-time (more than 3 years)

    Pros

    There is a Good work-life balance.

    Cons

    There are Limited opportunities for advancement.

    Recommends
    Neutral Outlook
    No opinion of CEO

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