Joe Smith, Cfa Email & Phone Number

Morro Bay, CA, US

• Investment Research and Portfolio Management
• Responsible as a senior portfolio manager for making key investment decisions on asset allocation policy, underlying ETF selection, and portfolio risk monitoring for the firm’s Core Plus ETF model portfolios and.
• Manage a team of investment research analysts focused on valuation-driven and quantitative research for U.S. equity ETF universe including formulation of research agenda, ETF ranking process, and buy and sell.
• Oversee development and maintenance of the firm’s proprietary multi-factor risk model used to determine factor exposures and ex-ante risk estimates for 95% of all ETFs listed in the United States.
• Manage the firm’s institutional ETF trading team including maintaining trading relationships with key trading partners in New York.Investment Process and Thought Leadership
• Serve on the firm’s investment committee and responsible for leading internal initiatives focused on institutionalizing the investment process including ETF research and due diligence, portfolio design and.

• Investment Process and Strategy
• Assessed existing investment process and made a series of recommendations to the CIO and CEO for quantitative enhancements to the firm’s risk management, ETF research, and ETF trading functions to deliver more.
• Constructed four proprietary risk factor models that generated 12 month forward-looking volatility and correlation assumptions for 95% of US ETF universe based on common risks that explain equity, fixed income, and.
• Analyzed historical ETF trades using a series of data mining models to identify key drivers of trade execution resulting in the establishment of a set of ETF best trading practices and new pre-trade analysis process to.

Westlake, Texas, US

• Capital Markets and Problem Solving
• Crafted liquidity analysis of Schwab’s US small cap and international ETFs in the primary and secondary exchange markets and provided a series of recommendations to senior leadership that resulted in reductions in.
• Created internal business analytics to help assess sales trends and asset growth with Schwab ETF products which contributed to better targeting of clients by internal distribution teams and an increase net sales over.

Seattle, WA, US

• Product Development and Portfolio Construction
• Managed the global research team responsible for developing the portfolio optimization methods, style-neutrality, and turnover considerations implemented in the Russell-Axioma Long-Only Factor Indexes.
• Served on internal investment committee responsible for providing feedback on methodologies behind each proprietary quantitative investment strategy utilized in portfolio completion activities across the entire.
• Developed a risk modeling framework for incorporating ETFs based on MSCI-Barra’s x-sigma-rho formulation of risk contribution resulting in the creation of a $200 million exposure-management cash equitization program.

Seattle, WA, US

• Leadership and Communication
• Took the lead to advocate, draft, and submit to the executive committee an in-depth business case in support of the firm’s entry into the ETF industry covering product strategy, marketing research, and distribution.

Seattle, WA, US

• Investment Research and Portfolio Construction
• Developed internal research papers on use of index funds and ETFs in factor-based core-satellite optimization strategies which contributed to the adoption of new risk management process across the entire investment.
• Supported internal global strategic forecasting process by maintaining economic and capital markets data used in yield curve estimation and VAR modeling of long-run asset class returns across the U.S., Europe, and Asia.

Master Of Business Administration (Mba), Finance, Operations Research

Bachelor Of Science (Bs), Economics