Orane Watson
Bristol
Summary
Balances regulatory compliance and risk assessment, ensuring adherence to international standards. Conducts thorough monitoring and analysis of financial institutions, delivering actionable insights that drive strategic improvements and mitigate emerging risks.
Overview
8
8
years of professional experience
Work History
Bank Examiner
Bank of Jamaica
01.2025 - 01.2026
- Monitored evolving risk profiles of assigned licensed deposit-taking institutions (DTIs) and financial holding companies, preparing timely, incisive quarterly reports to inform regulatory decision-making.
- Keeping abreast of new and emerging international standards and market developments relevant to the regulation and supervision of the banking, insurance, investment banking, pension-funds management industries to inform meaningful dialogue and enhancements to supervisory activities, policies and procedures.
- Participating in the onsite examination of assigned institutions and the completion of the assessments that underpin the determination of the risk profile of assigned licenses including the Risk Assessment Summary (RAS), Risk Assessment Templates and Risk Matrix for the assigned licensees.
- Tracked licensees’ progress on remediation of examination and supervisory findings within stipulated timelines, reporting updates to the Senior Examiner to ensure accountability.
- Reviewing the periodic prudential reports submitted by licensees in support of the corporate profile to ensure the efficacy of the information stored by the regulatory reporting system, JAMFIRM II.
- Assisting with preparing accurate and timely documentation of minutes of meetings held with representatives of the financial institutions, comprehensive working papers and documentation to support completed risk assessments.
- Conducted assessments and prepared draft correspondence in response to letters from licensees on various supervisory matters.
- Drafting correspondence to assigned licensees regarding any violations to the Banking Services Act or prudential requirements identified during ongoing monitoring and the sanctions (if any) to be applied.
- Conducted surveillance of macroeconomic and industry developments, identifying potential impacts on assigned DTIs and financial conglomerates to highlight emerging risks for supervisory attention.
Teller Supervisor
Bank of Jamaica
10.2023 - 12.2024
- Supervised and coordinated activities of Teller and Mandate Units to enhance operational efficiency.
- Oversees the compliance of front-line staff with respect to the provisions of the anti-Money Laundering and Combating the Financing of Terrorism requirements.
- Reports on AML/CFT suspicious or threshold transactions to the Compliance Officer.
- Ensure adherence to the Bank of Jamaica internal controls, policies and procedures in the sub-units.
- Adopt risk control measures to mitigate against the risk of financial loss to the Bank, collusion of staff and reputation damage from breaches of confidentiality.
- Maintained high standards of customer service by Tellers and Mandate Officer, addressing customer complaints to achieve satisfactory resolutions.
- Contributed to overall management of Department by appraising staff performance annually, setting developmental goals, recommending promotions, and establishing objectives with Assistant Head of Department.
- Performing senior custodial duties with regard to the overall control and movement of the Bank of Jamaica stock of foreign and local currency maintained in the Banking Vault and in the Telling (Cash) area.
Payment Officer
Bank of Jamaica
05.2022 - 09.2023
- Initiating the payment of foreign debt/liabilities by liaising with customers to ensure that accounts are funded and documentation properly authorized and in order.
- Sending instructions via SWIFT to Bank of Jamaica’s (the Bank) correspondent banks for the payment of GOJ, the Bank and other customers’ liabilities and staff payment requests.
- Creating messages in the Real Time Gross Settlement System (RTGS) to settle transactions on behalf of Government of Jamaica (GOJ) and other public sector entities.
- Prepared and dispatched third currency purchase requests to Reserve Management Department for funding Bank’s correspondent bank accounts, facilitating payments for GOJ, Bank, and other customers’ debt/liabilities.
- Processed foreign currency loans and interfaced with external and internal customers to settle transactions via cheques/drafts or electronic credits.
- Generated accounting entries for foreign exchange transactions by accessing Debt Payment Information System and Foreign Exchange Sale and Purchase System in Signature.
- Uploading Reuters' rates into the Foreign Exchange Web Application for further processing of the Daily Foreign Exchange Counter, Indicative Rates by MOAD and the Bi-Lateral Rates.
- Preparing bi-weekly Book Rates for the revaluation of the Bank’s assets.
- Advised CARICOM Central Banks daily via SWIFT of the bi-lateral rates.
Teller
Bank of Jamaica
01.2020 - 04.2022
- Processing and balancing all transactions in an accurate and efficient manner in accordance with the Bank’s Cheque Cashing Procedure and mandate.
- Delivered courteous service to customers while ensuring confidentiality and compliance with bank regulations, and reported any suspicious activities to the Supervisor.
- Assisted in creating files for efficient transfer of customer funds through ACH system.
- Supported accounting activities by updating transaction reports to ensure accuracy and compliance.
- Executed purchases and sales of foreign currencies while completing necessary documentation to support transactions.
- Provide relief support to The Reconciliation Unit whereby I reconcile financial discrepancies. International Relief Unit and the Clearing unit. Where I assist with generating local payments, preparing monthly Foreign Clearing House Reports, examine and scan day’s credits, debits and vouchers processed internally.
Junior Accountant
Caribbean & Latin Travel Consultant Ltd.
09.2017 - 07.2018
- Prepared balance sheet analysis and cash flow assessments for management to support informed decision-making.
- Reconciling bank statements and developing financial reports.
- Managed accounting records through creation, review, and maintenance to ensure accuracy and compliance.
- Executed bank deposits and transfers, monitoring cash flow to maintain financial accuracy.
- Maintained organized records of business transactions to ensure compliance and accuracy.
Education
Bachelor of Science (B.Sc.) - Management Studies and Accounting Specialization
University of The West Indies, Mona
Kingston, JASix (6) CAPE - Caribbean Studies, Communication Studies, Sociology (Unit 1&2), Management of Business (Unit 1&2)
Wolmer’s High School For Boys
Kingston, JANine (9) CSEC - Mathematic, English Language, Spanish, Additional Mathematics, Principles of Accounts, Principle of Business, Social Studies, Information Technology, Economics
Wolmer’s High School For Boys
Kingston, JASkills
- Regulatory compliance
- Risk management
- AML compliance
- Audit evaluation
- Transaction processing
- Financial auditing
- Onsite inspections
- Report writing
- Team supervision
- Stakeholder engagement
- Problem solving
- Office software proficiency
- Communication skills
Activities
Member of the Bank of Jamaica’s Basketball and Football Team.
Member of the Toast Master Club
Languages
English
Full Professional
Spanish
Limited
Timeline
Bank Examiner
Bank of Jamaica
01.2025 - 01.2026
Teller Supervisor
Bank of Jamaica
10.2023 - 12.2024
Payment Officer
Bank of Jamaica
05.2022 - 09.2023
Teller
Bank of Jamaica
01.2020 - 04.2022
Junior Accountant
Caribbean & Latin Travel Consultant Ltd.
09.2017 - 07.2018
Bachelor of Science (B.Sc.) - Management Studies and Accounting Specialization
University of The West Indies, Mona
Six (6) CAPE - Caribbean Studies, Communication Studies, Sociology (Unit 1&2), Management of Business (Unit 1&2)
Wolmer’s High School For Boys
Nine (9) CSEC - Mathematic, English Language, Spanish, Additional Mathematics, Principles of Accounts, Principle of Business, Social Studies, Information Technology, Economics
Wolmer’s High School For Boys