ABOUT THE CONTRIBUTORS
Rick Nason, PhD, CFA, has an extensive background in the capital markets and derivatives industry, having worked in equity derivatives and exotics, credit derivatives, and capital markets training in a senior capacity at several different global financial institutions. Rick is a founding partner of RSD Solutions, a risk management consultancy that specializes in financial risk management consulting and training for corporations, investment funds, and banks. Dr. Nason is also an Associate Professor of Finance at Dalhousie University in Halifax, Nova Scotia, where he teaches graduate classes in corporate finance, investments, enterprise risk management, and derivatives. He has been awarded several teaching awards as well as being selected MBA Professor of the Year several times. His research interests are in financial risk management, enterprise risk management, and complexity.
Rick has an MSc in physics from the University of Pittsburgh and an MBA and a PhD in finance from the Richard Ivey Business School at the University of Western Ontario. Additionally, he is a Chartered Financial Analyst charterholder. In his spare time he enjoys practicing risk management principles as he plays with his collection of pinball machines.
Stephen McPhie, CA, in his current position as partner of RSD Solutions Inc., advises businesses internationally on various aspects of financial strategy and risk mitigation. From 2000 to 2004, Stephen worked in London for Italy's largest bank. In the financial engineering group, he successfully created innovative cross- border financing structures that included private equity instruments with embedded derivatives. Previously he structured and distributed primary market debt and traded distressed and near-par debt in secondary markets.
Prior to 2000, Stephen held various positions in the United States, Canada, and the United Kingdom with a "big five" Canadian bank. His experience stretches from structuring and distributing leveraged and investment grade corporate transactions to relationship management, par and distressed secondary market trading, structured credit derivative products, workouts and credit and financial mandates, structuring and negotiating transactions (including leveraged, project finance, recapitalization of distressed situations, etc.), as well as negotiating complex legal documentation.
Stephen holds a BA in economics from Heriot-Watt University in Edinburgh, Scotland, and has qualified as a Chartered Accountant in both the United Kingdom and Canada. In this respect he worked for one of the large accounting firms carrying out assignments in the fields of audit, consultancy (including business valuations), and taxation.