Guerrero, Esq., CAMS
Jorge Guerrero (CAMS), is an attorney licensed in the State of New York. Mr. Guerrero has worked in the Anti-Money Laundering and Bank Secrecy Act field since 1996.
In his capacity as an attorney, and as consultant on AML/BSA regulatory matters Mr. Guerrero has represented and served financial institutions and governmental agencies in the United States and abroad in developing, evaluating and implementing anti-money laundering controls.
He was a member of the founding Board of Advisors of the Association of Certified Anti-Money Laundering Specialists (ACAMS). He was the first president and co-founder of the National Association of Money Transmitters (NMTA). He is a frequent speaker at national and international conferences concerning AML/BSA, OFAC, Anti-Terrorism Financing (TF), and other regulatory issues.
Mr. Guerrero has been the lead presenter at training provided to federal regulators at the OCC and the FDIC who wished to become certified as Anti-Money Laundering Specialists through ACAMS.
Mr. Guerrero is the contents author of the leading AML/BSA automated compliance software, the AML Compass, in use by a large number of money transmitters in the US, Latin America, Canada, Europe, Middle East and Asia. The AML Compass was licensed to the Department of Justice to investigate and discover AML violations that resulted in a fine of $25 million against Sigue Corporation, which at that time was the largest such fines issued against money transmitters for AML violations.
Mr. Guerrero has led the review and/or development of compliance programs of diverse financial institutions including banks, credit unions, money transmitters, broker dealers and others in the United States and abroad.
Mr. Guerrero led a team of analysts that participated in the look back reviews of American Express Bank International, which resulted in the discovery of issues that required remediation on the part of the financial institution.
During his tenure as a member of the Compliance Committee of the bank’s Board of Directors, Mr. Guerrero assisted Nova Bank in implementing regulatory controls that allowed the institution to successfully serve Money Service Business clients.