THE TEAM

Rafael D. Mejia

Senior Adviser

About

Rafael D. Mejia brings over 30 years of comprehensive experience in regulatory compliance, risk management, and OFAC with a special focus on Latin America & the Caribbean. As a Certified Anti-Money Laundering Specialist (CAMS), Mr. Mejia plays a pivotal role in assisting numerous financial institutions in the region. His expertise spans issues related to customer due diligence, evaluations of foreign correspondent banking relationships, and testing of anti-money laundering (AML) controls.

Mr. Mejia is a seasoned professional with a solid, in-depth understanding and knowledge of BSA/AML/OFAC/CTF laws and regulations. His extensive work experience includes designing and updating AML/OFAC/CTF and Fraud Risk Management Programs to reflect changes in customer base, existing products, geographies, and regulatory requirements. He has successfully managed the quality control process of major corrective action plans to address matters related to consent orders issued to local U.S. Banks for deficiencies and weaknesses in their AML/CTF/OFAC Programs.

In his previous roles, Mr. Mejia served as the BSA/AML/OFAC/CTF Officer and Compliance Manager at the Agency of Banco Internacional de Costa Rica, The International Bank of Miami, and Hemisphere National Bank, all located in Miami, Florida.

Mr. Mejia began his banking career in the Operations Area of Republic National Bank of New York, New York, followed by a 4-year transfer to their affiliated bank (Trade Development Bank Overseas) in Panama City, Republic of Panama, where he served as the Vice President of Operations and Administration. Upon his return to the United States, he continued serving as Vice President of Operations at Banco de Chile, New York, and ultimately Barclays Bank PLC., in Miami, Florida. His extensive bank operations experience provides an accurate and refined understanding of the AML/CTF/OFAC correlation to the business and operational needs of financial institutions.

Mr. Mejia was a former President and Director of the International Banking Operations Association (IBOA) and Financial Institutions Risk Management Association (FIRMA) from 1991 to 2007, both previously located in Miami, Florida.

The Team