CIT Group Review Data

29 total review submissions

YearPositionLocationGroup/DivisionOverall
20201st Year AnalystNew YorkCommercial BankingGood work/life balance.
Good culture and access to…
Small firm so limited room for deals.
Not the best…
20202nd Year AnalystNew YorkCommercial Bankinggood people to work with, nice location in the city, not…overall pay seems a bit below industry average and…
2020Vice PresidentDallasPortfolio ManagementFlat organization. Great pay. Manager is willing to get you…None that come to mind. I’ve on been here for a matter of…
20192nd Year AssociateChicagoGeneralistGood amount of responsibility. Great way to get involved in…Upper management is stale within misaligned incentives. IT…
20201st Year AnalystNew YorkLeveraged FinanceCurrently dealing with COVID issues very smoothly (…None other than your typical LevFin cons... hours, being on…
20191st Year AnalystNew YorkCommercial BankingHas small company feel. Place where you can direct own…As usual with banking it can be quite bureaucratic and slow…
2017Vice PresidentNew York, NY, USAHealthcareGreat support team and analyst pool. The Healthcare group…Lots of paper work. The credit memos can be very repetitive…
20182nd Year AnalystLos AngelesReal EstateAlthough CIT is relatively small compared to other banks,…The technology aspect of the work could be improved (i.e.…
2019Vice PresidentNew YorkCorporate BankingVery nice / friendly culture, work-life balance is very…below-market pay, lacking in back-office / middle-office…
20181st Year AnalystNew YorkLeveraged FinanceOvertime pay for stub period $55/hour for anything over 40…Limited upward mobility-- outside hires rather than…
2018InternMexico CityGeneralistThe company has good offers to grow, the enviroment was…The compensation was low because the company was in Mexico…
2018Assistant Vice PresidentIrvineReal EstateWork Life Balance
Schedule Flexibility
Great…
Inconsistent workload
Repetition of similar tasks…
20181st Year AnalystNew YorkPowerVery happy. Great culture. Great deal flow. The company…Still building reputation as leading project finance group…
2018InternNew YorkTreasuryLearned a lot about Treasury as an intern. I gained more…Did not get offer because they got rid of internship…
20152nd Year AssociateNew YorkDebt Capital MarketsI enjoyed my time. The hours were pretty good for banking.…Compensation is not inline with market. Deal flow is not…
20183rd+ Year AnalystNew YorkTreasuryGreat work life balance. Very small organization most…The culture is depressing. It seems like a everyone here…
20183rd+ Year AnalystNew YorkCorporate BankingGood work life balance and deal flow for certain groups.…It is a senior lending focused shop so you will not get…
20182nd Year AnalystNew YorkTechnology, Media and Telecom (TMT)Great opportunity to take control of a deal and learn all…Company can be disorganized at times. Also struggling with…
20171st Year AssociateNew YorkLeveraged FinanceGenerally lower hours than other Lev Fin seats. Chunky but…Crappy exit ops - no one goes to PE, the best bet is going…
20172nd Year AnalystNew YorkLeveraged FinanceLean Deal Teams, Lots of Responsibilities and learning opps…Can be disorganized, high turnover, perks are below…
20162nd Year AnalystNew YorkDebt Capital MarketsLower hours than other MM banks, depending on the group…Not competitive in the higher MM - BB deal space, so you…
2015InternChicagoRiskGreat employees, everyone is there to help.
Under…
Older workforce.
Still shows signs of recovery from…
2015InternNew YorkFinancial SponsorsGood work life balance even at analyst level
Not an IB and doesnt intend to be one.
Lack of…
20132nd Year AnalystNew YorkMergers and Acquisitions-Great culture
-Great work/life balance
-Good…
-Not investment banking - money is good but not fantastic…

Overview

OVERALL, how satisfied are you with this company as a place to work? (74%)

Overall Ranking is a score from 1 star (very bad) to 5 stars (excellent) generated based on the Company Reviews of current and former employees at this company, taking everything into account.

The number you see in the middle of the donut pie chart is the simple average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

The Overall Ranking is generated based on the Company Reviews.

3.6
  • 1 Star
  • 2 Stars
  • 3 Stars
  • 4 Stars
  • 5 Stars

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