NESBITT BURNS INC
NESBITT BURNS CORP
BURNS FRY LIMITED

Assistant Vice-President, Retail Compliance / Senior Compliance Officer / Compliance Officer - September
1993 to August 1997

  • Responsible for all technology issues pertaining to Retail Compliance. Projects included: developing a Retail
    Compliance System, contributing as a member of the Equity Order Entry Steering Committee, developing Risk
    Management Reports, automating the Daily Review through Lotus Spreadsheets, upgrading and standardizing
    the hardware for all of Compliance.

  • Researched and responded to client complaints.

  • Represented Compliance on Managed Account Review Committee.

  • Led sessions in both the Branch Manager and Investment Advisor training programs.

  • Approved all option accounts as Alternate Registered Options Principal.

  • Approved all marketing in conjunction with the Marketing department.

  • Performed branch audits: reviewing accounts, procedures, controls and supervision.

  • Was backup on futures and commodities: risk assessment and approvals, monitor trading and settlement, credit
    functions, capital reporting.

Institutional Credit Coordinator - April 1993 to September 1993

  • Interacted directly with clients, traders and equity lending in order to administer client's hedge portfolios through
    the use of an inhouse dBase program: setting up accounts, knowledge of hedge products, contracting trades,
    assisting in the settlement of trades, margining accounts and sending margin calls to clients, movement of funds
    and securities, foreign exchange, monitoring account activity.

  • Reported as per regulatory requirements: Capital, Top50, Greater than 500.

  • Performed credit control for all COD, foreign and institutional accounts: reconciling account balances,
    margining, reducing capital requirements by interacting with branches and settlements, reporting.


Foreign Operations Coordinator - October 1990 to April 1993

  • Interacted directly with clients, traders and equity lending in order to administer client's hedge portfolios through
    the use of an inhouse dBase program: setting up accounts, knowledge of hedge products, contracting trades,
    assisting in the settlement of trades, margining accounts and sending margin calls to clients, movement of funds
    and securities, foreign exchange, monitoring account activity.

  • Reported as per regulatory requirements: Capital, Top50, Greater than 500.

  • Performed credit control for all COD, foreign and institutional accounts: reconciling account balances,
    margining, reducing capital requirements by interacting with branches and settlements, reporting.

  • Settled trades in various overseas settlement systems and serviced all foreign accounts.