Michael Verni
About Michael Verni
Michael Verni is a Manager of Compliance at IG Wealth Management, where he has worked since 2019. He has extensive experience in compliance and risk management, having held various roles at CIBC and IIROC over a career spanning more than two decades.
Current Role at IG Wealth Management
Michael Verni serves as the Manager of Compliance at IG Wealth Management, a position he has held since 2019. In this role, he is responsible for ensuring that the organization adheres to industry regulations and company policies. He advises consultants and their teams on compliance matters and collaborates with senior management to interpret industry rules. His focus on compliance helps maintain the integrity of the organization’s operations.
Previous Experience at CIBC
Michael Verni has held multiple positions at CIBC over a span of several years. He began as a Financial Advisor from 1999 to 2008, then transitioned into roles such as Regulatory Support Officer from 2008 to 2013, Business Risk Leader from 2013 to 2014, and Senior Branch Administrator from 2014 to 2016. His diverse experience at CIBC has provided him with a solid foundation in compliance and risk management.
Experience at IIROC
From 2016 to 2019, Michael Verni worked as a Business Conduct Compliance Examiner at the Investment Industry Regulatory Organization of Canada (IIROC). In this role, he focused on compliance assessments and the enforcement of industry regulations. His experience at IIROC contributed to his expertise in compliance and regulatory matters within the financial services sector.
Education and Technical Proficiency
Michael Verni studied at Seneca College of Applied Arts and Technology, where he achieved a degree in Accounting and Finance. He possesses technical proficiency in compliance-related software, including TeamMate and Broadridge. This educational background and technical skill set support his effectiveness in compliance management.
Skills and Expertise
Michael Verni has developed solid team-building skills that enable him to foster and maintain strong business relationships. He has extensive experience in testing and assessing documentation and processes, which is critical for ensuring compliance within financial institutions. His ability to consult with senior management and business partners enhances his effectiveness in interpreting and applying industry regulations.