Andres Betancourt (ACFCS Toronto Chapter Programming Director) has over 10 years of experience in Compliance and AML working within the financial services industry with major financial institutions and consulting firms. He worked on internal audit reviews, anti-money laundering and fraud investigations, oversight and testing, quality assurance audits, compliance effectiveness reviews, policy interpretation and regulatory reporting during several years. Andres is a Certified AML Specialist, Certified Financial Crime Specialist, Certified Blockchain Expert, Certified Cryptocurrency Investigator, member of the International Association of Financial Crimes Investigators and holds a Bachelor of Arts from York University, Liberal Arts Program from Seneca College and holds an Oxford Executive Leadership Programme from Saïd Business School, University of Oxford and Project Management certification from Cornell University.
Andres works in the Global AML Audit Centre of Excellence for Scotiabank, which assess the design and operational effectiveness of internal controls. This also includes adherence to bank policies and regulatory requirements, particularly those related to AML, anti-terrorist financing (ATF) and sanctions risk management.
Throughout his career, Andres worked with different financial institutions and advisory firms on regulatory compliance effectiveness reviews of reporting entities with operation hubs in multiple jurisdictions including Canada, the United Kingdom, U.S. and Australia. He also worked on AML and fraud investigations, FINTRAC reporting, regulatory AML remediations, quality assurance program design and testing, compliance training and strategy, Centre of Excellence processes and AML internal control audits. Recently, Andres led and participated in centralized audits for AML Program governance, regulatory reporting (LCTR/EFTR), sanctions screening for 2nd Line functions, Trade Finance Canada & Mexico, Global AML Transformation initiative and international banking regulatory audit reports (Colombia, Chile, Peru, Mexico, Caribbean, Cayman, TCI, Uruguay and Central America).