Richard Schmidt, Cfa Email & Phone Number

Canada

Ottawa, Ontario, Canada

Primarily responsible for the US and Canadian Equity fulfillment choices and success within a variety of Scotia Global Asset Management’s Multi-Asset solutions. Total Multi-Asset Management team AUM amounts to over $120 billion split across MD Funds, MD PIC, Scotia PIC, ScotiaFunds, Dynamic Funds, and Tangerine.

Ottawa, Ontario, Canada

Strategic Management - Capstone Course (BUSI 4609)

Ottawa, Ontario, Canada

Primarily responsible for MD's North American Equity Funds, Pools & Segregated Portfolios, which have a total AUM of approximately $13 billion.

Ottawa, Canada Area

The lead analyst responsible for external subadvisor selection and monitoring, primarily focused on public market equity strategies. Other major responsibilities include supporting the risk-on decisionswithin our internally managed tactical mandates; analyzing and presenting performance and marketcommentary to stakeholders; and performing most portfolio management responsibilities for the MDPICSegregated Equity Portfolios.

Ottawa, Canada Area

Responsible to act as the SME for a variety of initiatives which included the successful implementationof a new SAA framework across MD’s entire platform ($45 billion), a number of external managersearches across both equity & fixed income mandates, the planned replacement of MD’s discretionaryportfolio management system, the creation of a tax-optimized and goal-based client portfoliomanagement strategy and the introduction of Fossil Fuel Free Portfolios to MD Private InvestmentCounsel.

Ottawa, Canada Area

As a Quantitative Investment Analyst for the Investment Strategy team, my role was to prepare all appropriate documents and analysis to support the decision making of MD’s Tactical Risk and Allocation Committee (TRAC); manage all data and systems related to our internally-managed Tactical Asset Allocation (TAA) decisions; manage all decision and reporting tools related to TAA decisions; support Portfolio Managers in continuing to complement existing research with new ideas and analysis; maintain MD’s risk management tools; and support in the production of presentation material with advisors, clients and other stakeholders.

Ottawa, Canada Area

As an Investment Analyst, my official responsibilities in the firm's investment management process included: monitoring the investment strategy and investment managers used in meeting the portfolio objectives; playing a role in the management of the funds through the analysis of external active managers and the development of strategies to combine them in an optimal mix; overseeing the day-to-day investment management of the funds and external active managers (performance monitoring, performance attribution, risk attribution); playing a central role in the maintenance and data integrity of the firm's investment management tools and systems; participating in research on potential global investment firms within particular assigned asset classes by leveraging quantitative databases, mutual fund industry funds, consultant databases, and meeting with investment company management; assisting in the preparation of monthly investment reviews for internal investment committees; assisting in the preparation of quarterly investment reviews for several boards of directors; providing input and constructively challenging recommendations by other IMS team members; generating leading-edge research ideas (alpha and efficiency opportunities); and staying abreast of current academic research, as well as general capital market conditions.

Ottawa, Canada Area

As a Client Portfolio Trader my role within the CPT team was primarily to manage MD’s discretionary investment accounts, MD Private Investment Counsel, in conjunction with instructions provided by both the client-facing Portfolio Managers and the Investment Management and Strategy department. Responsibilities included: daily rebalancing of Pools, equities, and fixed-income instruments; foreign exchange transactions; risk and time-horizon changes; IPS management; calculations of complex corrections; and a quarterly Tactical Asset Allocation (TAA) implemented across all centrally-managed accounts. The CPT Team contained 6 traders whose average trading volume for daily deviations was around $10 million with quarterly tactical calls reaching over $2 billion.

Ottawa, Canada Area

I assisted the analysts and managers within the Investment Management and Strategy department. My responsibilities included a number of functions ranging from completing various forms of performance reporting, building and updating excel dashboards, writing market commentary as well as a plethora of other ad hoc tasks. Frequently my day-to-day functions had me interacting with various high-level executives, external money managers, as well as acting as a back-end support person for our client-facing representatives.

Ottawa, Canada Area

Marked capstone reports on the analysis and evaluation of various organizations’ corporate and business strategies. Emphasis was on strategy formulation and implementation of carefully thought-out solutions.

Ottawa, Canada Area

I was to organise around 10 TA's across three related courses. Responsibilities included marking and teaching preparation for seminars which taught the use of: spreadsheets; databases; statistical software; website design and implementation; collaboration software including wikis, blogs and social networking; GPS; and m-Commerce.

Ottawa, Canada Area

Led seminars on the use of: spreadsheets; databases; statistical software; website design and implementation; collaboration software including wikis, blogs and social networking; GPS; and m-Commerce.

Ottawa, Canada Area

Worked as a Consumer Staples, Consumer Discretionary and High Yield Sector Manager for an endowed equity portfolio of around $1,000,000, managed by a team of 15 Sprott students. In my position as a sector manager for the Sprott Student Investment Fund, I was responsible for a variety of tasks. Firstly, I was to aid the analysts within my Sectors in preparing sell-side equity analysis. Secondly, I, along with the other managers met to discuss the research prepared and make buy-side portfolio management decisions. Finally, the managers met annually with Carleton University’s Finance Committee to present and answer questions on the Fund’s absolute and benchmark-relative performance.

Ottawa, Canada Area

Worked as a Consumer Staples, Consumer Discretionary, Transportation and Energy Sector Analyst for an endowed equity portfolio with around $1,000,000, managed by a team of 15 Sprott students.

Sprott School Of Business - Carleton University

Worked as a liaison between the Association's Executives, Sprott Staff, Carleton Professors, SFSA members and those wishing to join the club. Organised various events such as the 2012 SFSA Economic Panel Discussion and served as the panel's mediator.

Business, Finance

Bachelor Of Commerce, Finance, General, High Honours

Activities and Societies: Sector Manager and Analyst for the Fund @ Sprott Vice President of Internal Relations for the Sprott Finance.

Education record

Honour Roll Student – Bilingual Certified