BSA Specialist

Montecito Bank & Trust•Goleta, CA

7d•$28 - $35•Hybrid

About The Position

Montecito Bank & Trust is seeking a temporary, full-time BSA Specialist to join the team in our Risk and Compliance department. As a BSA Specialist, you will deliver a World Class Experience by monitoring and reporting on day-to-day compliance issues with the federal Bank Secrecy Act laws and regulations, FDIC directives, and adhering to established internal policies and procedures for Anti-Money Laundering and BSA compliance. Secondary duties include reviewing fraud reports. You will be located in Goleta, CA with the opportunity for a hybrid work schedule and work an estimated 20 weeks.

Requirements

A college degree or comparable bank work experience required.
Minimum of 1 year up to 3 years of banking experience with knowledge of bank operations required.
Strong analytical skills.
Must be proactive and solution oriented.

Nice To Haves

1 year of BSA experience preferred.

Responsibilities

Monitor internal reports to identify suspicious financial activity, investigate as appropriate, and handle inquiries and information from front-line associates about possible suspicious activity.
Review internal reports of cash activity, collect currency transaction reports prepared by branch associates, review for accuracy and completeness, and transmit CTRs to the Treasury Department.
Download wire reports, including reconciling wires in the Bank’s AML software, and prepare International ACH log daily.
Regularly interact with bank associates to obtain necessary information for reporting, including the Customer Identification Program and Customer Due Diligence Program.
Research and timely respond to various requests from the Treasury Department, Financial Crimes Enforcement Network, and FDIC and DFI examiners.
Daily transaction validation in Verafin for ACH, ATM, Wires and Teller transactions.
Maintain current knowledge of the Bank Secrecy Act, the USA Patriot Act and its implementing regulations, FDIC directives, examination procedures, and related bank supervisory guidance.