Andres Betancourt has more than 10 years of experience in compliance and anti-money laundering (AML) within the financial services industry including the Bank of Nova Scotia, Bank of Montreal, Royal Bank of Canada and Grant Thornton LLP. As a Certified Anti-Money Laundering Specialist and Certified Financial Crime Specialist, 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 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 and Central America).