Financial Operations Specialist Salary at Cit Bank BETA

How much does a Cit Bank Financial Operations Specialist make?

As of March 2025, the average annual salary for a Financial Operations Specialist at Cit Bank is $105,389, which translates to approximately $51 per hour. Salaries for Financial Operations Specialist at Cit Bank typically range from $96,034 to $115,975, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Website:
cit.com
Size:
3,000 - 7,500 Employees
Revenue:
$1B - $3B
Industry:
Financial Services

CIT Group Inc. operates as the bank holding company for CIT Bank, National Association that provides banking and related services to commercial and individual customers. The company operates through Commercial Banking, Consumer Banking, Non-Strategic Portfolios (NSP), and Corporate and Other segments. The Commercial Banking segment offers lending, leasing, and other financial and advisory services primarily to small and middle-market companies; factoring and secured financing services, as well as receivables management products to the retail supply chain; and equipment leasing and secured financing to the rail industry. The Consumer Banking segment provides mortgage loans, deposits, and private banking and fiduciary services. It accepts deposits, including checking and savings accounts, money market accounts, and certificates of deposit; and offers residential mortgage and small business administration loans, as well as reverse mortgages. The NSP segment provides equipment financing, secured lending, and leasing and advisory services to small and middle-market businesses. The Corporate and Other segment offers investments and other unallocated items, such as amortization of intangible assets. The company also offers acquisition and expansion financing, enterprise value and cash flow loans, import and export financing, and letters of credit/trade acceptances; and account receivables collection, asset management, credit protection, cash management and payment, debt restructuring, debt underwriting and syndication, financial risk management, insurance, merger and acquisition advisory, and online banking services. It offers its services through 70 branches located in southern California, as well as through other offices worldwide. CIT Group Inc. was founded in 1908 and is based in Livingston, New...

See similar companies related to Cit Bank

What Skills Does a person Need at Cit Bank?

At Cit Bank, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  2. Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
  3. Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.
  4. Financial Analysis: Financial statement analysis (or financial analysis) is the process of reviewing and analyzing a company's financial statements to make better economic decisions to earn income in future. These statements include the income statement, balance sheet, statement of cash flows, notes to accounts and a statement of changes in equity (if applicable). Financial statement analysis is a method or process involving specific techniques for evaluating risks, performance, financial health, and future prospects of an organization. It is used by a variety of stakeholders, such as credit and equity investors, the government, the public, and decision-makers within the organization. These stakeholders have different interests and apply a variety of different techniques to meet their needs. For example, equity investors are interested in the long-term earnings power of the organization and perhaps the sustainability and growth of dividend payments. Creditors want to ensure the interest and principal is paid on the organizations debt securities (e.g., bonds) when due.
  5. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

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Check more jobs information at Cit Bank

Job Title Average Cit Bank Salary Hourly Rate
2 Account Manager $107,085 $51
3 Account Support Specialist $54,338 $26
4 Accountant I $82,538 $40
5 Accounting Clerk & Specialist $74,459 $36
6 Accounts Payable Accountant $65,794 $32
7 Accounts Receivable $64,094 $31
8 Accounts Receivable Clerk $59,298 $29
9 Admin. $70,660 $34
10 Administrative Assistant, Technical $70,660 $34
11 Administrator $70,660 $34
12 AML Investigator $75,832 $36
13 Analyst & Programmer $154,504 $74

Hourly Pay at Cit Bank

The average hourly pay at Cit Bank for a Financial Operations Specialist is $51 per hour. The location, department, and job description all have an impact on the typical compensation for Cit Bank positions. The pay range and total remuneration for the job title are shown in the table below. Cit Bank may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $105,389 look to you?

FAQ about Salary and Jobs at Cit Bank

1. How much does Cit Bank pay per hour?
The average hourly pay is $51. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Cit Bank?
According to the data, the highest approximate salary is about $115,975 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Cit Bank?
According to the data, the lowest estimated salary is about $96,034 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.