XAVIER HUMBLET, CIM
Success-Driven & Adaptability-Focused
Toronto,ON
Summary
Highly accomplished financial executive with a proven track record of success in both traditional finance and the dynamic world of start-ups. Adept at driving financial strategy, optimizing performance, and maximizing profitability in diverse business environments. Combining deep expertise in risk management, financial analysis, and strategic planning with a passion for innovation, I have consistently delivered results that exceed expectations. Demonstrated ability to navigate the intricacies of established financial systems while fostering entrepreneurial growth has been instrumental in achieving corporate objectives. Looking to leverage my extensive experience and strategic mindset to drive financial excellence and innovation at an executive level.
Overview
15
15
years of professional experience
3
3
Languages
Work History
President, CCO & Portfolio Manager
FRNT Asset Management
Toronto, ON
06.2021 - 02.2023
- Created all compliance and policy framework directly approval for the firm"s Portfolio Manager license with Ontario Securities Commission as the only employee approved to maintain dual registration as Portfolio Manager and CCO
- First digital asset-based company to go public on Toronto Stock Exchange (TSX-V)
- Led conversation with legal, finance and regulators (FCA) to foster international expansion to UK
- Directed cross-functional partnerships with regulators and government bodies, fostering greater transparency enabling growth in the Canadian crypto ecosystem
- Primary resource for TMX Digital project to build out Toronto Stock Exchange digital platform fostering recurring monthly revenues for advisory contract with Tier 1 institution
- Connected with the Bahamian government to build out their platform, provided support for M&A interests and was lead in discussions to create some of Canada's first STOs (Security Token Offering)
Chief Compliance Officer
Coinberry Limited
Toronto, ON
07.2020 - 06.2021
- Through organizational leadership, significantly expanded company's workforce from 12 to 60 employees
- Successfully managed and maintained the company's financial performance by engaging in annual forecasting, budgeting, expense management, resource oversight, and P&L responsibilities creating 16x in revenue
- Facilitated acquisition of the business by a public company due to its outstanding performance, eventual buy-out at 35x valuation
- Created complete comprehensive compliance, monitoring, and risk management infrastructure, and successfully registered the firm as a one of the country's first crypto asset dealer with the Ontario Securities Commission (OSC)
- Sat on national level committee with FINTRAC (Canada's financial intelligence unit) for sector AML / ATF clarity
Vice President & Portfolio Manager
Majestic Asset Management
Toronto, ON
09.2016 - 12.2019
- Launched first derivative-based crypto hedge fund in Canadian history
- Primary marketer of Evolution Fund, increasing assets 3x during tenure
- Fund exceeded Bitcoin benchmark by 70% during 2018 bear market cycle
- Oversaw key business functions for complete operation of the fund; including trade reviews, analysis of trading models, maintaining compliance through AML and KYC, and client communication
Manager - Futures Trading
Scotiabank
Toronto, ON
11.2012 - 08.2016
- Consistently progressed through increasing responsibilities within Tier 1 financial institution, ultimately becoming Manager of Futures Trading.
- Supervised, executed and advised on all futures products, both exchange-listed and OTC (exchanges including CME, LME, and ICE - 24/5), while managing national sales team, ensuring credit risk and position sizing and maintaining personal client book with exposure exceeding $100M
- Achieved sustainable revenue growth by successfully leading and inspiring six national sales teams, consisting of a total 15 employees by generating $6M in commission
Investment Associate - Derivatives Trader
Scotiabank
Toronto, ON
06.2008 - 11.2012
- Responsible for consistent and accurate trade execution with dollar values regularly exceeding 100MM USD in highly volatile environment.
- Trader on one of Canada's biggest derivatives desk during 'The Great Credit Crisis'. while generating 1MM CAD plus in commissions for Scotiabank.
- Developed and presented detailed analysis of investment performance, portfolio attributes and benchmark composition to evaluate investment strategies.
- Researched and shared recommendations on futures market trends and economic forecasts to support portfolio decisions.
Education
Chartered Investment Manager (CIM) -
Canadian Services Institute
Toronto, ONDesignations & Licenses -
Canadian Securities Institute
Toronto, ON 05.2001 -
Portfolio Management Techniques -
Canadian Services Institute
Toronto, ON 05.2001 - 2017.06
Advanced Investment Strategies (AIS) -
Canadian Services Institute
Toronto, ON 06.2015 - 2016.06
CFA Level 1 -
CFA Institute
International 08.2014 - 2015.06
Financial Market Risk Management -
Canadian Securities Institute
Toronto, ON 09.2013 - 2014.09
DEC - Pure & Applied Science - Physics
Champlain Regional College
Saint-Lambert, QC 05.2001 - 06.1997
Skills
Managing Member
Timeline
President, CCO & Portfolio Manager
FRNT Asset Management
06.2021 - 02.2023
Chief Compliance Officer
Coinberry Limited
07.2020 - 06.2021
Vice President & Portfolio Manager
Majestic Asset Management
09.2016 - 12.2019
Advanced Investment Strategies (AIS) -
Canadian Services Institute
06.2015 - 2016.06
CFA Level 1 -
CFA Institute
08.2014 - 2015.06
Financial Market Risk Management -
Canadian Securities Institute
09.2013 - 2014.09
Manager - Futures Trading
Scotiabank
11.2012 - 08.2016
Investment Associate - Derivatives Trader
Scotiabank
06.2008 - 11.2012
Designations & Licenses -
Canadian Securities Institute
05.2001 -
Portfolio Management Techniques -
Canadian Services Institute
05.2001 - 2017.06
DEC - Pure & Applied Science - Physics
Champlain Regional College
05.2001 - 06.1997
Chartered Investment Manager (CIM) -
Canadian Services Institute
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