Kavira Pargass
Summary
Financial Sector Supervision professional with 10 years’ experience in regulatory oversight, risk-based supervision, on-site examinations and stakeholder engagement. Proficient in research and policy development to enhance regulatory frameworks and promote compliance.
Overview
11
11
years of professional experience
Work History
Examiner II, Intermediaries Unit
Central Bank of Trinidad and Tobago
08.2020 - Current
- Developing the risk-based Brokerage Supervision Framework and supporting procedures
- Developed the brokerage risk assessment and supervisory intervention frameworks with supporting risk-rating tool
- Led the brokerage industry survey and prepared the industry report
- Supported an on-site examination of a brokerage within a group structure
- Identified and investigated potential breaches of the Insurance Act, 2018 to ensure compliance with regulatory requirements
- Assess brokerage and broker registration applications, including complex fit and proper reviews
- Review Approved Educational Institution applications and make recommendations to the Minister of Finance
- Serve as the primary point of contact for stakeholders by coordinating and supporting meetings, as well as responding to queries
- Provide training and technical guidance to colleagues and new staff
Examiner I, Anti-Money Laundering Unit
Central Bank of Trinidad and Tobago
07.2016 - 07.2020
- Researched supervisory and legislative developments to support the drafting of AML/CFT guidelines, policies and procedures
- Reviewed AML/CFT audit reports across multiple sectors and reported on sectoral vulnerabilities
- Led and participated in AML/CFT on-site examinations of Bureaux de Change
- Conducted off-site reviews and licensing of Bureaux de Change
- Performed in-depth due diligence on individuals and entities for fit and proper assessments and to address supervisory concerns
- Supported the $100 cotton note demonetization exercise by verifying source of funds for high-value exchanges
Examiner I, Market Conduct Unit
Central Bank of Trinidad and Tobago
07.2015 - 07.2016
- Processed applications for registration of insurance intermediaries
- Handled and resolved complaints from the public regarding insurance claims and practices
- Drafted on-site examination plans, section notes and examination reports for the Bureaux de Change
Associate Professional
Ministry of Public Administration
07.2014 - 07.2015
- Assigned to the Market Conduct Unit, Central Bank of Trinidad and Tobago
- Processed applications for registration of insurance intermediaries
- Logged and assisted in resolving complaints from the public
- Supported drafting of on-site examination plans and section notes for the Bureaux de Change
Education
Bachelor of Science - Economics, Environmental Economics
University of the West Indies
2013
High School -
St. Augustine Girls’ High School
2009
Skills
- Microsoft Office Suite
- Data Analysis
- Business Writing
- Supervisory Support
Accomplishments
- National Scholarship Awardee
Training
- Risk Based Supervision for Examiners Caribbean Regional Technical Assistance Centre 2024
- Conducting an On-Site Examination Financial Institutions Supervision Department Central Bank of Trinidad and Tobago 2024
- Credit Training – Rollout of the Credit Examination Manual Financial Institutions Supervision Department Central Bank of Trinidad and Tobago 2022
- Understanding and Analysis of Financial Statements Financial Institutions Supervision Department Central Bank of Trinidad and Tobago 2020
- Meeting Global AML/CFT Standards & Mitigating Emerging Financial Crime Threats Association of Certified Anti-Money Laundering Specialists 2019
- Financial Action Task Force Standards Training Caribbean Financial Action Task Force 2017
- Credit Risk Analysis The Association of Supervisors of Banks of the Americas 2017
Timeline
Examiner II, Intermediaries Unit
Central Bank of Trinidad and Tobago
08.2020 - Current
Examiner I, Anti-Money Laundering Unit
Central Bank of Trinidad and Tobago
07.2016 - 07.2020
Examiner I, Market Conduct Unit
Central Bank of Trinidad and Tobago
07.2015 - 07.2016
Associate Professional
Ministry of Public Administration
07.2014 - 07.2015
Bachelor of Science - Economics, Environmental Economics
University of the West Indies
High School -
St. Augustine Girls’ High School