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Financial Reporting Specialist

Job in Wayne, Passaic County, New Jersey, 07474, USA
Listing for: CareerArc
Full Time position
Listed on 2026-08-08
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Financial Compliance
Salary/Wage Range or Industry Benchmark: 70000 - 110000 USD Yearly USD 70000.00 110000.00 YEAR
Job Description & How to Apply Below
  • Prepare, review, and maintain commercial lending, portfolio monitoring, and regulatory reports, including Call Report schedules, past due reporting, Shared National Credit reporting, Regulation O reporting, and other Credit Risk management reporting requirements.
  • Administer loan system maintenance and servicing activities, including charge-offs, loss mitigation, legal workout and REO transactions, risk rating updates, commitment maintenance, billing changes, and related recordkeeping.
  • Monitor portfolio credit quality metrics, including non-accrual loans, impaired loans, delinquencies, maturities, unused commitments, and pledged loan collateral, ensuring compliance with internal policies and regulatory reporting requirements.
  • Perform general ledger reconciliations, data validation, and financial reporting support by researching discrepancies, completing certifications, and ensuring the accuracy and integrity of loan and accounting records.
  • Coordinate regulatory compliance and reporting activities, including CRA, HMDA, Federal Reserve Borrower in Custody, records retention reviews, and related examinations or reporting submissions.
  • Support audits, cross-functional research, process improvement initiatives, and departmental projects by providing documentation, resolving data issues, maintaining procedures, and collaborating with lending, compliance, legal workout, and risk management teams.
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