Omar O. Muñoz is an associate managing director in K2 Integrity’s Financial Crimes Compliance practice, based in New York. Omar helps clients minimize risks associated with money laundering and other illicit activities and maintain anti-money laundering (AML) compliance, including compliance with Know Your Customer (KYC) and Office of Foreign Assets Control (OFAC) requirements. He conducts transaction monitoring, lookbacks, risk assessments, remediations, and gap analysis for financial institutions—including mid-tier banks, foreign banks with U.S. operations, and community banks—and helps to assess and revise the institutions’ policies and procedures and provide training. Omar also works closely with clients to advise them on leading industry practices, including how to establish “best in class” AML programs in their organizations. While at K2 Integrity, Omar has helped lead transaction monitoring lookbacks for correspondent banking and prepaid credit cards for large international banks and online retail banks. In these roles, he was responsible for implementing investigation protocols, resource recruiting and training, quality assurance reviews and project management.
Omar has more than 15 years of professional experience leading large teams in dynamic environments both in the public and private sectors. Prior to joining K2 Integrity, Omar was a vice president in JP Morgan’s Global Financial Crimes Compliance department, where he led a team of 100 investigators responsible for conducting AML retail banking investigations. In this capacity, he was responsible for building out the retail investigations team in New York, which included hiring and training all 100 investigators. He also managed a team of 12 investigators that were responsible for conducting investigations of correspondent banking transactions.
Omar also worked for Ernst & Young (EY) as a manager in its AML advisory services practice, where he led AML client engagements for large financial institutions, including matters concerning the implementations of case management tools, AML/KYC gap analysis and remediation, AML management reporting, AML/KYC look-backs, and OFAC risk assessments. He also spent time working for Goldman Sachs on the derivative operations teams supporting the institution’s foreign exchange desk with settlements of spot and swap trades to global Fortune 500 companies.
Prior to joining the private sector, Omar was a Captain in the U.S. Air Force, where he served in South Korea, Columbia, Germany, and Qatar as an intelligence officer. He earned his M.B.A. from Florida International University and his B.S. in management from New Jersey Institute of Technology. Omar is a Certified Anti-Money Laundering Specialist (CAMS). He is fluent in written and spoken Spanish.
