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Manager Management

Location:
Lake Oswego, Oregon, 97224, United States
Salary:
175000
Posted:
March 04, 2011

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Philip N. Schmitt

***** ** ****** *** ******: (503) ***-****

Tigard, Oregon 97224 Home: (503) ***-****

Summary of Qualifications

• More than fifteen years of financial investment industry management experience. Extensive portfolio management, trading and analysis experience in fixed income and short duration money market securities.

• Experienced in all aspects of the portfolio management process including designing investment policy statements, optimal asset allocation, monitoring investments and external managers as well as reporting.

• Experienced in all aspects of the investment management process including trading, analysis, performance measurement and operations.

Professional Profile

Nike, Inc. 2007 – Present

Financial Manager (2009 – present)

Investment manager for ~ three billion dollar investment portfolio for Fortune 200 multinational company. Manage the portfolio on a total return basis vs. customized benchmark and interest income targets.

Responsibilities

– Manage a diversified fixed income portfolio designed to maximize liquidity while returning above benchmark average yields with minimal risk. Responsibilities include: security selection, trade execution, portfolio analytics and performance reporting.

– Oversee the planning and investment strategy recommendation to senior management as well as the execution of the global investment strategy for Nike, Inc.

– Manage the reporting of balance sheet, profit and loss, and interest income cash flow targets for the global and regional investment portfolios.

– Maintain Investment Policy compliance controls related to the global investment portfolios.

– Provided view on US/Global interest rates quarterly to in-country finance managers in order to project portfolio yields and profitability for investments. Coordinate interaction between various stakeholders including Tax, Legal and Treasury to facilitate cash flow management between onshore and offshore business entities.

– Tasked with acting as the primary internal contact and Plan Fiduciary for the Nike Global Retirement Plans and managing external service providers and reviewing performance material prior to dissemination to Nike employees.

Achievements

– Created the FX collateral program designed to minimize counterparty risk with Nike’s global banking partners.

Sr. Treasury Investment Analyst (2007 – 2009)

Responsibilities

– Analyzed and recommended various trading opportunities as well as executed all fixed income transactions. These included duration, interest rate and spread trades, etc.

– Maintained Investment Policy compliance controls related to the global investment portfolios.

– Tasked with acting as the primary internal contact and Plan Fiduciary for the Nike Global Retirement Plans and managing external service providers and reviewing performance material prior to dissemination to Nike employees.

– Monitored the credit risk exposure on all financial counterparties consistent with the Policy and made recommendation on mitigating risks.

– Acted as the primary internal Nike contact for external managers with the goal of maximizing returns on Nike’s longer duration portfolio primarily invested in US Treasury, US Government and investment grade securities.

Achievements

– Submitted recommendations to the Investment Committee for global investment portfolios to maximize returns while mitigating risks.

– Led the implementation of the global custodian in order to facilitate real-time reporting of Nike’s investment portfolio according to the global Investment Policy.

– Assisted in the analysis and design of the departmental reorganization in order to facilitate the maximizing of profitability while creating a Lean environment.

– Drafted and managed the implementation of the Global Investment Policy in accordance with Nike’s corporate and cultural values.

– Executed the RFP for external managers in accordance with Nike’s Global Investment Policy which invested in securities in the Merrill Lynch 1-3 Gov/Credit index.

Cisco Systems, Inc. 2005 – 2007

Treasury Investment Analyst

Participated in the management of internally managed fixed income portfolios for a Fortune 100 multinational, with assets in excess of twenty-five billions across multiple asset classes. Managed external investment manager relationships. Responsible for managing daily liquidity in order to meet operational needs.

Responsibilities

– Compiled, analyzed and prepared quarterly investment performance data for the Director of Investments.

– Responsible for daily trade execution and back office functions as part of the portfolio management team.

– Assisted in the development of the optimizer tool used to identify the strategic asset allocation of the firm based on identified risk tolerances.

– Oversaw the daily trade execution for the repurchase of Cisco shares as part of the broader share repurchase program.

Achievements

– Developed recommendation for providing real-time market data and analytics to improve the efficient management of the global portfolio.

– Assisted with the implementation of the matched liability investment strategy and management of $7 billion in short-duration securities to include investment grade corporate securities and ABS securities.

UBS Financial Services, Inc. 2003 – 2005

Financial Advisor

Responsible for achieving sales goals, new client acquisition and client retention. Co-managed HNW fixed income portfolio in excess of three hundred million dollars as part of Spence Partners. Developed cash management alternative for local public entities to provide enhanced returns

Responsibilities

– Provide financial advice to and gather new assets from HNW individuals, local businesses and public entities.

– Presented quarterly investment performance to local public body councils. Effectively communicated total return and performance attribution.

– Managed client portfolios to policy with the goal of maximizing return while maintaining appropriate levels of risk.

Achievements

– Ranked in the top 10% of new advisors for new assets in first year (in excess of $50MM).

– Assisted with the management of HNW portfolios in excess of $300 million, focusing on short and intermediate investment grade fixed income securities such as US Treasury and Agency securities, Corporate and Municipal securities.

Seattle Northwest Securities 2001 – 2003

Taxable Trading Analyst

Responsible for supporting senior US Agency/Corporate traders with trade execution and technology support.

Copper Mountain Trust Company 2000 – 2001

Investment Analyst

Responsible for supporting the senior Investment Consultant with executing portfolio asset allocation studies, selection of mutual funds, and calculating investment performance returns and NAV’s for commingled portfolios.

Montgomery Securities Company 1997 – 1999

Tax-exempt Trading Analyst

Confirmed trades and verified wiring and clearing instructions to trading counterparties. Settled fixed income, option and equity trades. Collected principal and interest payments and exercised option positions.

Paulson Investment Company 1994 – 1997

Investment Operations Analyst

Responsible for managing new account set up documentation, confirmation of wire delivery and clearance of equity and fixed income trades.

Education History

EDUCATION

MBA, University of Portland 2001 – 2003

BA, Economics, Portland State University 1993 – 1997



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