Experienced risk management professional specialising in market and counterparty risk and regulatory affairs. Paula has held senior positions in structuring, prime brokerage and clearing risk at Goldman Sachs and HSBC. Paula also has extensive experience of regulatory risk gained from the UK FSA (now the PRA/FCA) and Deutsche Bank. Paula has a strong track record in providing risk management and regulatory support to growing businesses.
- Set up and led a global regulatory risk team for Tier 1 investment bank
- Implemented regulatory VaR validation programme enabling a €1b reduction of Market Risk Capital Requirement
- Structured and executed balance sheet CLOs and other portfolio credit products to manage regulatory capital
- Risk managed a $150b multi-asset prime brokerage collateral portfolio
- Developed and implemented stress test portfolio margining for a global prime broker
- Reviewed and updated counterparty risk and regulatory framework for a clearing broker under new CRD4/CRR and IFPRU rules
- Developed and implemented counterparty risk models and stress-tests for derivative portfolios
- Advised Investment firms on regulatory capital risk models, ICAAP and Pillar 3 disclosures
- Implemented regulatory capital calculation for funds (CIUs) and fund derivatives
- Reviewed risk management framework, systems and controls for an ETF business
- Advised ICMA Asset Managers Investment Council on the impact of Basel 3 on the buy-side
- Lectured on regulatory capital, the impact of new regulations, market and counterparty risk at the LSE and University of Essex