Mark Saracino
About Mark Saracino
Mark Saracino serves as the Senior Manager of Compliance for Quebec and Atlantic Canada at IG Wealth Management, where he oversees compliance functions and manages a team of 13 Compliance Managers. He has extensive experience in compliance roles, having previously worked at National Bank of Canada and 3Macs, and holds multiple qualifications from the Canadian Securities Institute.
Work at IG Wealth Management
Mark Saracino has been serving as the Senior Manager of Compliance for Quebec and Atlantic Canada at IG Wealth Management since 2018. In this role, he is responsible for compliance oversight on both the Investment Industry Regulatory Organization of Canada (IIROC) and the Mutual Fund Dealers Association (MFDA) platforms. He manages a team of 13 Compliance Managers, ensuring adherence to regulatory standards within branches across Eastern Canada. Additionally, he is a member of the Product Approval Committee, where he reviews and supervises advertising, sales literature, and correspondence.
Previous Experience in Compliance
Before joining IG Wealth Management, Mark Saracino worked at National Bank of Canada as an Advisor in Corporate Compliance from 2016 to 2018. His earlier experience includes a six-year tenure at 3Macs, where he held various positions including Compliance Officer, Senior Compliance Officer, and Senior Compliance Manager from 2002 to 2015. During his time at 3Macs, he was involved in compliance oversight and management, contributing to the establishment of compliance frameworks.
Education and Expertise
Mark Saracino has a strong educational background in finance and compliance. He studied at Concordia University, where he earned a Bachelor of Commerce (B.Com.) degree in Finance. He has also completed multiple courses at the Canadian Securities Institute, including the Derivatives Fundamentals Course (DFC), Chief Compliance Officers Qualifying Exam (CCO), and Canadian Securities Course (CSC). His expertise is further supported by certifications in Investment Management Techniques (IMT), Conduct and Practice Handbook (CPH), and several other compliance-related courses.
Compliance Reporting and Oversight
In his current role, Mark Saracino is responsible for writing and preparing reports for the Chief Compliance Officer and the Board of Directors, which include audit results reports. He serves as an intermediary and facilitator for external auditors such as IIROC, ensuring that compliance standards are met. His leadership in building the Tier 1 compliance team for Eastern Canada involved hiring, implementing, and coaching compliance staff to maintain high standards in regulatory adherence.