Mark Stewart

Experience

• 

  NN Financial

  Apr 1991 - May 1997

  • Investment Product Specialist

    Dec 1993 - May 1997

  • Policy Service Administrator

    Apr 1991 - Dec 1993
• 

  Spectrum Investments

  Jun 1997 - Sept 2000

  • Launched several mutual funds and portfolio solutions for Independent Advisors. • Wrote market commentaries, investment newsletters and portfolio manager summaries for sales force to assist in the selling of mutual funds to Advisors.

  • Manager, Product

    Jul 1998 - Sept 2000

  • Investment Copywriter

    Jun 1997 - Jun 1998
• 

  ING Funds

  Sept 2000 - May 2002

  Director, Product Management

  • Member of the Management Team that launched a new mutual fund company in Canada for the parent company, ING Group, including a family of 22 mutual funds and a suite of third party managed portfolios for Independent Advisors.

• 

  BMO Investments Inc.

  Sept 2002 - Dec 2012

  • Head of Product Team responsible for the development, implementation and oversight of the overall strategic product plan to drive sales and profitability over the next three to five years. • Developed new processes and templates to ensure that all investment products (mutual funds and structured notes) had proper internal risk mitigation policies and controls in place to address any potential operational risks for the firm. • Provided in-depth analysis and recommendations on the suite of products (i.e. product proposals, institutional RFPs, enhanced servicing opportunities, operational efficiency, risk mitigation) that resulted in increased sales and profitability while addressing client needs. Show less

  • Director, Product Development & Management

    Aug 2008 - Dec 2012

  • Senior Manager, Product Development & Management

    Oct 2006 - Aug 2008

  • Senior Product Manager, Product Development & Management

    Sept 2002 - Sept 2006
• 

  Scotiabank

  Jan 2013 - Apr 2016

  Director, Investment Product Development, International Asset Management

  • Head of International Product Team and subject matter expert for business units in the Caribbean and Latin America by providing advice and counsel to their business initiatives (i.e. product strategy and development, investment management, regulatory requirements). • Provided strong leadership for product oversight and governance in the development and monitoring of risk mitigation tools (policies, procedures, ongoing reporting) for potential operational risks of seven business units to adhere to regulatory standards. • Implemented significant changes to the KYC/client suitability investor profile tool across several business units to be aligned with current regulations and compliance requirements. Show less

• 

  Mark Stewart Consulting Services

  Apr 2016 - Jan 2018

  Director, Wealth Management Consulting

  • Provided subject matter expertise to a blockchain real estate company in order to obtain regulatory approval and to build a comprehensive compliance oversight program.• Industry subject matter expert for Moody’s Analytics with exam preparation for the Canadian Securities Course and Commercial Credit Exam.

• 

  Vault Circle Inc.

  Jan 2018 - Sept 2018

  Managing Director & Chief Compliance Officer

  • Registered as a Chief Compliance Officer and a member of the Board of Directors for Vault Circle Inc., a private investment firm and exempt market dealer. • Ensured that all regulatory and compliance functions were addressed and completed within the required timeframes, which included anti-money laundering (AML) monitoring/reporting, product due diligence, know-your-client assessments, and business code of conduct. • Responsible for business planning, P&L management, oversight and governance, strategy, product development and overall execution of the business, which includes compliance responsibilities in the monitoring of the distribution of the firm’s products to accredited investors. Show less

• 

  Lending Loop

  Oct 2018 - Feb 2022

  Chief Compliance Officer

  • Registered as a Chief Compliance Officer for an exempt market dealer responsible for managing relationships and correspondence with all applicable regulatory bodies, particularly the OSC. • Established and monitoring a disciplined compliance risk management framework to ensure adherence to regulatory requirements and industry best practices. • Developed a comprehensive policies and procedures manual for evaluating and reporting on potential threats and risks across all business units with periodic compliance testing, supervision, issue resolution and employee training. Show less

• 

  Yorkville Asset Management

  Mar 2022 - Oct 2024

  Chief Compliance Officer

  • Developed a comprehensive oversight and governance framework for identifying, assessing and monitoring potential compliance risks with corresponding risk control mitigation procedures.• Evaluated and reported on the current state of compliance oversight to the firm’s Board of Directors.• Continuously monitored regulatory developments and maintain a detailed Compliance Manual setting out the firm’s policies and procedures and regulatory requirements for its registration as a portfolio manager, investment fund manager and exempt market dealer.• Developed an AML/ATF risk assessment with revised policies and procedures that is aligned with regulatory requirements to determine the firm’s overall AML/ATF risk exposure.• Oversight of all third-party service providers to ensure adherence to regulatory requirements and industry best practices. Show less

• 

  Stewart Consulting SEZC Inc.

  Oct 2024 - now

  Managing Director

  • Thorough assessments of your current compliance program to identify gaps and document areas of improvement.• Conduct an independent review of your firm's AML & ATF oversight program to adhere to regulatory requirements.• Review and update customized policies and procedures tailored to your business operations to align with Canadian regulations and industry best practices.• Development of a disciplined compliance oversight framework to document your ongoing regulatory requirements based upon your firm's registration categories.• Complete comprehensive Know-Your-Product (KYP) due diligence analysis on your firm's products to adhere to regulatory requirements. • Develop training and education modules to empower your team with the knowledge they need to navigate complex regulatory environments confidently.• Provide regulatory advisory so that you can stay informed and ahead of regulatory changes with strategic guidance and advisory services. Show less