FREDERIC LUCIEN DAVID OMBRASINE
Associate Director - Risk and Compliance
MICA, ACG
Summary
Highly organized and self-motivated compliance professional experienced in regulatory risk and compliance, aml/cft, sanction management, project management, team development and process improvement. Skilled in developing and implementing strategies to increase efficiency and performance.
Overview
13
13
years of professional experience
Work History
Associate Director - Risk and Compliance (Compliance Officer/MLRO)
JTC Fiduciary Services (Mauritius) Limited
2022.01 - Current
- Set up and oversee the Centralised Compliance Monitoring Assurance Team to test compliance of JTC offices with governance policies, procedures, and principles.
- Act as main point of contact for risk and compliance matters for the Mauritius office as Compliance Officer and MLRO.
- Oversee the AMEA region risk and compliance.
- Led teams of up to 4 local and regional staff, supervising daily performance as well as training and improvement plans.
- Fostered a culture of continuous improvement by encouraging staff to share innovative ideas and providing resources for professional development.
- Established strong relationships with key industry partners, including regulators, creating mutually beneficial opportunities for growth and collaboration.
- Assisted and supported the business and clients by embracing and helping in exploring new ventures by bringing in expert risk and compliance advice.
- Act as MLRO and Compliance Officer for various client companies including entities regulated in Qatar.
- Assisted in internal and external aml audits.
Part Time CGI Tutor
Belstar Training Centre
2018.08 - 2022.12
- Supported students with helpful study habits and exam strategies.
- Increased student comprehension by utilizing personalized teaching methods and adapting to individual learning styles.
- Enhanced students'' understanding of subject matter by incorporating real-world examples into lessons.
- Ensured that students were equipped to tackle real life professional situations by applying study principles.
Senior Manager - Risk and Compliance (Compliance Officer/MLRO)
JTC Fiduciary Services Mauritius) Limited
2019.02 - 2021.12
- Act as main point of contact for risk and compliance matters for the Mauritius and UAE office.
- Act as Compliance Officer and MLRO of the Mauritius office.
- Act as Data Protection Officer of the Mauritius office.
- Manage the team responsible for risk and compliance for the UAE office.
- Established strong relationships with clients and stakeholders, ensuring long-term partnerships and repeat business.
- Mentored junior staff members for skill development and career progression within the organization.
- Implemented and developed operational standards, policies and procedures.
- Balanced competing priorities efficiently while maintaining focus on critical tasks requiring immediate attention.
Compliance Officer and Deputy MLRO
JTC Fiduciary Services (Mauritius) Limited
2018.08 - 2019.02
- Manage the Mauritius office Risk and Compliance department.
- Increased the Risk and Compliance team capacity by recruiting and training new staff to become compliance professionals.
- Expanded the services offered by the Risk and Compliance team by offering services to Group offices and taking on additional responsibilities.
- Act as deputy MLRO for JTC Mauritius and for different entities under its administration such as Funds, Funds Mangers, Insurance Brokers and Investment Advisers.
- Act as Data Protection Officer for JTC Mauritius.
Compliance Officer
JTC Fiduciary Services (Mauritius) Limited
2017.07 - 2018.08
- Conduct world checks daily and on request for Mauritius and UAE offices.
- Provided expert guidance on complex regulatory matters, enabling informed decision-making within the organization.
- Identified gaps in existing compliance processes and recommended updates.
- Maintained up-to-date knowledge of applicable laws and regulations.
- Created and maintained compliant work environment.
- Mitigated legal risks by proactively identifying gaps in existing policies and recommending improvements.
- Creating a risk awareness culture throughout the company.
- Conducted thorough risk assessments for identifying potential compliance vulnerabilities and formulated mitigation strategies.
- Developed comprehensive training programs to increase employee awareness of compliance requirements and expectations.
- Drafting and reviewing legal documents
- Improved stakeholder confidence by presenting clear and concise compliance reports at board meetings.
- Advise clients on regulatory and legal matters.
- Spearheaded the FATCA and CRS implementation project and responsible for classification and reporting.
- Designated to implement the GDPR project for the Mauritius office.
- Designated to implement the Data Protection Act 2017 provisions.
- Reduced the risk of financial penalties by conducting thorough internal audits on a regular basis.
- Assisted with internal to confirm compliance with applicable laws and regulations.
- Managed relationships with regulators, maintaining open lines of communication to ensure transparent operations.
Legal and Compliance Assistant
JTC Fiduciary Services (Mauritius) Limited
2015.05 - 2017.07
- Conduct world checks on a daily basis and on request for Mauritius and UAE offices.
- Conduct file reviews on an ongoing basis and upon request from clients and management.
- Drive the FATCA project and responsible for the reporting.
- Managed recordkeeping systems related to compliance activities ensuring easy access when needed.
- Participated in risk assessments, aiding the identification and mitigation of potential compliance issues.
- Conducted periodic reviews of company practices, ensuring continued alignment with evolving regulatory expectations.
- Assisted in the development of compliance policies for better adherence to regulatory requirements.
Business Development Officer
Glenara Management Services Ltd
2014.09 - 2015.02
- Liaise with potential clients and existing clients.
- Promote Glenara and Global Business in general through social media.
- Implementing and carrying out Compliance duties and conducting KYC checks.
- Assist corporate team for the incorporation and administration of GBC 1 and GBC 2 companies and the setting up and administration of Trusts and Funds.
- Identified potential partnership opportunities, leading to strategic alliances that drove business growth.
- Strengthened relationships with key clients by providing exceptional support and maintaining regular communication.
- Built relationships with colleagues to facilitate teamwork, cooperation and success.
- Boosted client satisfaction by identifying and addressing their specific needs through tailored business solutions.
Manager of Pre-litigation Department
Techmode Computer Solutions (Ex Parfip BPO)
2013.04 - 2014.09
- Supervise the Pre-litigation department and the various production lines within
- Oversee the work done by the 'payment order' production line when validating cases before applying for Court Payment Orders or before going to Court against a customer.
- Manage the team dealing with French customers in liquidation or administration, customers who are exceedingly indebted, under the responsibility of legal guardians and cases where our materials were damaged in an accident and insurance gets involved.
- Communicate with liquidators, administrators and solicitors of our British and Irish debtors so as to mediate and to oversee the dividend distribution.
- Analyse UK and Ireland cases involving solicitors and legal representatives and communicate with them before taking appropriate actions.
- Responsible for the launching, supervision and monitoring of the EOP (European Order for Payment) service on UK and Ireland.
- Manages the team responsible for opposing the sale of the businesses of our debtors through sequestration of funds until a solution is found to recover our investment.
- Fostered efficiency and streamlined processes which helped improve task treatment rate by approximately 300%.
- Helped putting the team in the spotlight which contributed to allocation of additional resources, increase in salary, implementation of staff benefits and creation of sub teams.
Team Leader
POD good food
2012.06 - 2012.12
- Promoted synergy, teamwork and encouraged team to perform efficiently.
- Responsible for stock control and waste optimisation.
- Implementation of health and safety regulations within the workspace.
- Set performance expectations for the team, monitoring progress towards goals and providing constructive feedback as needed.
- Increased customer satisfaction ratings by closely monitoring service quality standards and addressing any issues promptly.
- Coordinated resources effectively to meet project deadlines and achieve desired results.
- Oversaw quality control measures, maintaining high standards for all products.
- Motivated team members to surpass their targets, recognizing and rewarding their achievements.
- Empowered team members by delegating responsibilities according to individual strengths and areas of expertise.
Team Member
POD good food
2011.09 - 2012.05
- Kept work areas clean, organized, and safe to promote efficiency and team safety.
- Learned all required tasks quickly to maximize performance.
- Contributed to team success by completing jobs quickly and accurately.
- Worked different stations to provide optimal coverage and meet production goals.
- Increased customer satisfaction with prompt and accurate responses to inquiries, addressing concerns, and resolving issues.
- Assisted with inventory counts and stocking of merchandise.
- Ensured smooth operations during peak periods via effective time management techniques such as delegation and task prioritization.
- Supported new staff through comprehensive onboarding process, ensuring smooth transition into their roles.
Education
International Diploma in Governance, Risk and Compliance -
International Compliance Association
11.2021
Chartered Secretary Qualifying Scheme -
Chartered Governance Institute
12.2017
LLM in International Commercial Law -
London Metropolitan University
London, United Kingdom09.2011
BA in Law And Management (with Hons) -
University of Mauritius
Mauritius10.2010
Cambridge Higher School Certificate -
Royal College of Curepipe
Mauritius11.2006
Cambridge School Certificate -
Royal College of Curepipe
Mauritius11.2004
Skills
- Risk Management
- AML/CFT controls implementation and monitoring
- Regulatory Compliance
- Corporate Governance
- Team Leadership
- Key relationship development
- Project Management
- Strategic leadership
- Analytical Thinking
- Coaching and Mentoring
- Professional Networking
- Work Planning and Prioritization
Brief
Financial Services professional specialised in regulatory compliance and AML/CFT. I have been involved in different projects such as implementation of FATCA/CRS, Data protection, drafting and review and legal documents, design and implementation of internal policies and procedures and Compliance Monitoring Programme and Business Growth Strategic plans. Experienced in dealing with regulators locally and internationally on adhoc basis and during regulatory inspections in Mauritius and the UAE. I have been acting as MLRO, Compliance Officer and MLCO for financial institutions based in Mauritius, Cayman, Qatar and BVI and providing compliance services to Singapore VCC funds. Perform well under pressure and able to meet tight deadlines and targets while maintaining high quality of output. I have had the opportunity to be on several discussion panels during seminars and to deliver technical aml/cft trainings to local and international industry players. Always seeking new challenging opportunities to grow professionally and personally.
Extracurricular Activities
- Assistant Treasurer, CGI - Mauritius Branch executive committee, 01/2022 - 12/2023
- PRO, UOM Law Society, 09/2009 - 08/2010
- UOM Health and Safety Committee Board, 01/2009 - 08/2009
- Head Boy, Royal College of Curepipe, 01/2006 - 11/2006
Languages
English
Bilingual or Proficient (C2)
French
Bilingual or Proficient (C2)
Certification
- Company Secretarial Qualification Scheme - Chartered Governance Institute
- Professional Postgraduate Diploma (GRC) - International Compliance Association
Affiliations
- Chartered Governance Institute
- International Compliance Association
Interests
Cooking
Travelling
Politics
Social Projects
Timeline
Associate Director - Risk and Compliance (Compliance Officer/MLRO)
JTC Fiduciary Services (Mauritius) Limited
2022.01 - Current
Senior Manager - Risk and Compliance (Compliance Officer/MLRO)
JTC Fiduciary Services Mauritius) Limited
2019.02 - 2021.12
Part Time CGI Tutor
Belstar Training Centre
2018.08 - 2022.12
Compliance Officer and Deputy MLRO
JTC Fiduciary Services (Mauritius) Limited
2018.08 - 2019.02
Compliance Officer
JTC Fiduciary Services (Mauritius) Limited
2017.07 - 2018.08
Legal and Compliance Assistant
JTC Fiduciary Services (Mauritius) Limited
2015.05 - 2017.07
Business Development Officer
Glenara Management Services Ltd
2014.09 - 2015.02
Manager of Pre-litigation Department
Techmode Computer Solutions (Ex Parfip BPO)
2013.04 - 2014.09
Team Leader
POD good food
2012.06 - 2012.12
Team Member
POD good food
2011.09 - 2012.05
International Diploma in Governance, Risk and Compliance -
International Compliance Association
Chartered Secretary Qualifying Scheme -
Chartered Governance Institute
LLM in International Commercial Law -
London Metropolitan University
BA in Law And Management (with Hons) -
University of Mauritius
Cambridge Higher School Certificate -
Royal College of Curepipe
Cambridge School Certificate -
Royal College of Curepipe
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