Derran Ebanks

Derran Ebanks is a compliance professional with over 15 years’ experience in the banking and financial industry. Throughout his career, Derran has gained extensive knowledge of the Cayman Islands financial legislative requirements.

At FundBank, Derran is responsible for ensuring that the organization adheres to Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations during the onboarding of new clients. Derran leads the compliance strategy for onboarding and oversight of risk assessments, and he works collaboratively with internal teams to monitor compliance controls, ensuring adherence to policies, procedures, standards, and regulations, including co-ordinating internal & external audits and reviews where necessary. In addition, Derran oversees and implements robust processes for client due diligence and enhanced due diligence (EDD), including ongoing monitoring.

Derran joined FundBank from Trident Trust (Cayman) where he held the role of Senior Compliance Analyst. Within this role, Derran reviewed all high‐risk client onboarding applications, submitting compliance recommendations to the Client Acceptance Committee for onboarding approval/denial. Derran also provided internal AML training to new joiners and refresher training to staff on regulatory updates and changes in policies and procedures.

Derran is a Certified Anti‐Money Laundering Specialist and holds a Master’s degree in Banking and Management from the London Institute of Banking and Finance. He also holds a Bachelors Degree in Business Management and Economics from the University of North Carolina.