Vernie Coe
Summary
Dedicated Compliance and Procurement professional with a history of meeting company goals, utilizing consistent and organized practices. Skilled in working under pressure and adapting to new situations and challenges, to best enhance the organizational brand.
Overview
27
27
years of professional experience
Work History
Owner & General Manager
CayMex Distributors
07.2023 - Current
- Managed day-to-day business operations
- Developed and maintained strong relationships with clients, resulting in repeat business and referrals
- Oversaw daily operations, ensuring all tasks were completed accurately and efficiently by team members
- Increased customer satisfaction by implementing efficient business processes and providing exceptional service
Compliance Manager
Dart Enterprises Ltd
07.2020 - 07.2023
- Manage the regulatory obligations of the Department of Commerce and Investment licensed (Designated Non-Financial Business & Professions) businesses
Compliance Manger / Money Laundering Compliance Officer
Knighthead Annuity and Life Assurance Company Limited
02.2018 - 07.2020
- Provide Compliance and Regulatory advice to the Sales and Operations Teams
- Manage the Client and Distribution Partner on-boarding approvals process
- Act as a Voting Member and Secretary of the New Business Acceptance Committee
- Ongoing monitoring of all Clients, Distribution Partners and Third Party Vendors for compliance with all relevant sanctions lists and best practice measures
- Update the AML and Risk Rating policies and procedures and conduct periodic Risk Assessment
- Provide AML training to the Sales and Operations Teams and Senior Management
- Prepare all regulatory filings to CIMA, the submission of SAR's to the FRA and AML Board Reports
- Prepare the business for on-site inspections and Internal Audit reviews
Compliance Manger / Money Laundering Compliance Officer
Royal Bank of Canada Trust Company (Cayman) Limited
01.2012 - 02.2018
- Supported the orderly wind down of the RBC Trust business from a Regulatory and client prospective
- Provide Compliance and Regulatory advice to the Mutual Funds, Private Trust, Private Banking, Captive
- Insurance and the Securities Brokerage business lines
- Oversee Client monitoring in accordance with regulatory requirements and international best practice
- Review new Client on-boards from an AML, KYC and risk rating perspective
- Provide AML training to the various business lines
- Prepare CIMA regulatory returns, and internal AML risk metric to global Compliance partners
- Prepare business lines for on-site inspections and Internal Audit reviews
Analyst, Compliance Division / Analyst, Investments and Securities Division
Cayman Islands Monetary Authority
01.1997 - 01.2000
- Perform AML, KYC due diligence on the principals of regulated entities on behalf of the Supervisory
- Divisions
- Identify breaches of local regulations
- Advise Supervisory Divisions on all Compliance related issues
- Oversee the Terminations/Problem Funds Unit
- Conduct off-site supervision and on-site inspections of the Mutual Fund, Hedge Fund and Securities
- Act as the Division liaison to the Compliance Division
- Process requests for assistance from Overseas Regulatory Authorities
Education
BSc, International Business -
University of Tampa
01.2000
Skills
- Proficient in Microsoft Office
- Customer Relations
- Regulatory Compliance
- Small Business Operations
- Network Building
- Consulting
- Fluent in Spanish
Personal Information
Immigration Status: Naturalized Caymanian
Timeline
Owner & General Manager
CayMex Distributors
07.2023 - Current
Compliance Manager
Dart Enterprises Ltd
07.2020 - 07.2023
Compliance Manger / Money Laundering Compliance Officer
Knighthead Annuity and Life Assurance Company Limited
02.2018 - 07.2020
Compliance Manger / Money Laundering Compliance Officer
Royal Bank of Canada Trust Company (Cayman) Limited
01.2012 - 02.2018
Analyst, Compliance Division / Analyst, Investments and Securities Division
Cayman Islands Monetary Authority
01.1997 - 01.2000
BSc, International Business -
University of Tampa
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