INVESTEC Specialist Bank compliance officer, Theresa Coombs, has gained a distinction for the International Compliance Association diploma in anti money laundering.
The nine-month course is designed to help individuals develop best practice initiatives and prepare them for present and future challenges in the area of compliance, therefore reducing overall business risk.
Ms Coombs joined Investec Specialist Bank in Jersey in September 2010 and after completing the international diploma in compliance in January 2011 with merit, chose to do the anti money laundering diploma to further her development.
‘Anti money laundering is an interesting and evolving subject. The diploma assists in providing tools for money laundering and terrorist financing horizon spotting and therefore putting appropriate anti money laundering and combating terrorist financing skills and controls in place. I have a great sense of achievement having obtained the diploma,’ said Ms Coombs.
Ms Coombs has also taken on the role as mentor to student Aleksandra Lukowska who began her first placement with Investec Specialist Bank in Jersey at the beginning of January.
Miss Lukowska is undertaking a foundation degree in financial services over the next two years, which includes five work placements with the bank. Each work placement is for seven to eight weeks at a time.
Head of Investec Bank in Jersey, Kevin Allen, said Ms Coombs was a great asset to the team.
‘Her willingness and enthusiasm to increase her knowledge has continued to engender a compliance culture within the branch through the implementation of effective training programmes,’ said Mr Allen.
The anti money laundering diploma requires students to complete two assignments and a three-hour exam.
Category: Finance & Business