Spencer
Smith, CAMS
Spencer V. Smith has worked in the financial services industry for more than twenty (20) years. Her career began as a Financial Consultant and Sales Representative. She joined Fidelity Bank (Bahamas) Limited in January 2006 as a Senior Client Account Representative where she led the sales team in the Eastern District of New Providence. In December 2006, she was promoted to the position of Manager, Money Transfer Services (The Bahamas). In 2010, her responsibilities were increased to include Money Transfer Services in Cayman Islands and Turks & Caicos Islands. In this expanded role, Spencer was responsible for business development, operational risk management, ensuring compliance with regulatory and operational policies and training related to the money transfer business in these three (3)territories.
In January 2014, Spencer was appointed as the Compliance Officer and MLRO at Fidelity Bank (Bahamas) Limited, and assumed responsibilities for coordinating, implementing and administering the compliance program and procedures of Fidelity Bank (Bahamas) Limited and subsidiaries domiciled in The Bahamas. In addition to having knowledge of internal and control policies and procedures, laws, regulations and trends in the financial services sector, Spencer is also responsible for establishing enhanced internal controls and ensuring compliance to mitigate risks for the Bank, administering on-site examinations by regulatory examiners, and assisting with the development and implementation of the Code of Conduct/Ethics training program.
Spencer holds a Bachelor of Science Degree in Psychology and a Master of Science Degree in Human Resource Management. She is a Certified Anti-Money Laundering Specialist (CAMS), and a member of Bahamas Association of Compliance Officers (BACO). She has attended various workshops, seminars, training sessions and conferences covering topics related to AML/ATF/PF. Spencer is also a mentor and motivational speaker, having made numerous civic presentations covering topics related to leadership, change management, financial planning and personal development.