Omar Magana, CAMS serves as the Vice President of the Federal Compliance team at Chartwell Compliance and is a subject matter expert in anti-money laundering, OFAC, money transmission, and prepaid access as well as other regulatory requirements specific to financial services. Omar offers clients the benefit of a veteran compliance officer with over 15 years of experience in domestic and foreign regulatory environments. Additionally, Omar has worked in the Money Services Business industry for over 10 years.
Omar has experience building and executing international as well as domestic AML and due diligence programs as well as leading anti-bribery and corruption programs. Prior to joining Chartwell, Omar worked for one of the largest money transmitters in the country, Sigue Corp, where he held various positions in its compliance department. He played a key role in enhancing and building the backend process of the AML systems designed to assist in the monitoring and reporting functions; and in the development of the government sanctions program. Prior to Sigue, he worked seven years at Citigroup in private banking handling KYC and risk assessments of products and business lines for foreign account relationships. Omar also has participated in various task forces geared toward the development of policies and procedures, operational improvements, and assessing compliance implications for new products and services.
Omar has a BA in Marketing from California State University of Northridge. He is fluent in Spanish and is CAMS certified. Omar grew up in Mexico City until the age of 15 when he moved to California. He resides in Los Angeles with his wife, daughter, and son. He enjoys learning about pre-Columbian history and traveling to archeological sites. Omar likes ‘adrenaline-driven’ outdoor activities such as scuba-diving, sky-diving, and mountain biking.