Elias Vargas is the Assistant Superintendent of Market Conduct and Interest Rates at the Superintendence of Banking, Insurance, and Private Pension Funds of Peru (SBS) and was previously the Head of Market Conduct Supervision. As part of this role, he participates in the market conduct regulatory design and the oversight of its compliance by supervised entities, seeking to ensure that users receive relevant and comprehensive information, as well as fair treatment throughout the life cycle of their acquired products and that providers address user complaints in a clear, timely, and complete manner.
Before his role in market conduct, Elias held positions as Head of Operational Risk Supervision at SBS, and he worked at top-level private entities in Peru and Spain, including Santander Bank, BBVA Research, and Scotiabank, in functions related to risk management, regulatory compliance, and process and information technology management. Also, he has been a consultant on operational risk management to the International Monetary Fund (IMF) for the Regional Technical Assistance Center for Central America (CAPTAC-DR) and a professor in finance and risk management courses.
Elías has an MBA from IE Business School (Spain), a Master's degree in Finance from ICADE (Spain), and a degree in Systems Engineering from the National University of Engineering (Peru)