FIBA’s OFAC Course covers Economic and Trade Sanctions compliance. You will explore the laws and regulations under which sanctions programs are created to mitigate the risks of doing business with persons, entities or jurisdictions that threaten the health and stability of the financial system. The course will focus on understanding the U.S. Office of Foreign Assets Control (otherwise known as OFAC) and other sanctions regimes, as well as necessary actions that should be taken for listed persons and places.
Key Learning Objectives
- Discover the purpose of international sanctions programs and role that OFAC plays
- Learn to identify persons subject to US sanctions policy
- Explore key elements in identifying various types of OFAC lists and designations
- Apply the steps financial institutions are required to take under the economic and trade sanctions policy
- Understand the requirements of the Framework for OFAC Compliance commitments
Instructor: Isabelle Wheeler
Isabelle Wheeler, CFA, AMLCA, has more than 30 years of experience working for and with financial institutions to help them manage their clients, products and services, and the risks associated with both. Her career began in wealth management, working at some of the most well-known financial institutions, including Citibank, Chase Manhattan Bank, Banco Santander and BNP Paribas. Her career progressed from relationship manager, covering clients from virtually every region of South and Central America, to investment advisor, Director of Products and Services and Director of Marketing and Sales.
In 2014 she began consulting with those same financial institutions to help them manage risks in the areas of BSA/AML and OFAC, fiduciary risks and providing training to industry professionals. She recently joined Foodman CPAs and Advisors, a full-service accounting firm specializing in forensic accounting, financial services industry compliance and tax consulting services as Director of Anti-Money Laundering (AML) Compliance. She is a Florida International Bankers Association (FIBA) instructor for both Wealth Management and BSA/AML and OFAC Compliance.
Isabelle received a BA with Distinction from the University of Virginia, with a major concentration in Latin American Studies. She received the Chartered Financial Analyst (CFA) designation, and FIBA’s AMLCA Certification. She has been an active Member of the Board of FIBA for many years and is the current Chair of the Membership Committee. Previously, she was President and Board Member of CFA Miami. She has been recognized by the industry for her leadership skills, and is a regular panelist for industry conferences. Isabelle is fluent in English, Spanish and Portuguese.
Online OFAC Sanctions Certificate
The online courses are an interactive option design for participants interested in completing the certificate at their own pace. Participants will have 30 days to complete the course by reading all course materials, viewing the videos and completing the quizzes.
$695 FIBA Members
Certificate Completion & Continuing Education Credits
Participants will receive a certificate of course completion at the conclusion of the course, as well as 4 Continuing Education credits for AML.
FIBA Referral Program for New Participants
This is an appreciation program for professionals who want to boost their career to another level. Benefit from your registration by referring your colleagues who enroll in one of our virtual programs. For more information please send an email at email@example.com