Over 25 years of professional experience providing assurance and advisory services, primarily in the financial services industry and other sectors.
Experienced financial services professional with a proven track record of working in the accounting and consulting industry. Trained in Enterprise Risk Management (ERM), Financial Risk Modeling (IFRS 9, BASILEA), Corporate Governance Framework improvements, as well as Finance and Treasury Transformation, as well as second and third line of defense units. He also has strong capabilities in the fields of Regulation and Compliance within the Financial Services Industry. He is a recognized speaker at conferences and academic activities throughout Latin America and collaborates with Boards of Directors, the IIA, FELABAN, and other associations and institutes related to the field of financial services risk management.
Bismark has been involved in projects related to Internal Audit Transformation, QAR Assessment and Certifications, Internal Audit CoSourcing and Outsourcing, Implementation of ERM frameworks, Process Improvement and IT Control, Fraud Risk Assessment, Anti-Fraud and Anti-Corruption Remediation, Regulatory Reporting, SOX 404, Fraud and Financial Risk, COSO internal control implementations, among others. In recent years, he has been working on several projects for the implementation of risk monitoring system through indicators, credit rating systems (implementation, design, validation and calibration), Implementation of Basel II and III rules and other regulatory capital adequacy requirements in banks in the region.
He has led teams and projects in the design and transformation of Operations, Treasury, Risk and Credit areas in financial institutions. Likewise, he has led processes of transformation of Compliance Units, corporate governance structures, processes and related controls. In addition, he has led relevant investigations and implemented operational models for retrospective procedures, KYC, due diligence, risk profiling and transactional AML monitoring. He has developed practices for benchmarking corporate governance, risk management and compliance activities in the financial sector and advises Boards of Directors as an external member of the Corporate Governance, Risk Management and Audit Committees of some banks and a stock exchange. In addition, he provides input to some regulators in the drafting of rules and standards.
Bismark was a member of the International Internal Auditing Standards Board (IIASB) of the Institute of Internal Auditors (The IIA Global) between 2012 and 2016. The IIASB is the standard-setting body for internal auditing worldwide. From 2016 to 2019 he was a member of the Research and Education Advisory Committee (CREA) of The IIA Global.