Risk Manager

Donna Romano, MBA

**Fieldstone Dr Basking Ridge, New Jersey 07920 908-***-**** **********@*****.***

Senior risk manager with a versatile background in derivative trade support and operational risk management. Superior problem solving abilities and team building, staff mentoring success. Articulate communication and presentation skills with over 15 years of experience in middle office roles of increasing levels of responsibility.

CORE

COMPETENCIES Profit & Loss (P&L) Analysis Project Management

Process Improvement Margin Management

Risk Management Regulatory Compliance

Pricing Validation Energy Products/Derivatives

Policies and Procedures Portfolio Valuation

EXPERIENCE

NRG ENERGY, Princeton, NJ March 2013-Nov 2016

Trade Confirmations Manager

Execute Dodd Frank reporting to SDR of swaps, exotics and deals with physically embedded options on a daily and annual basis for end user.

Perform end-to-end process review of three Futures Commissions Merchant accounts and documented procedures, primary point of contact for these accounts.

Complete daily position and MTM reconciliation on power, gas, coal, oil and emissions futures/options/derivative portfolio and resolve discrepancies.

Implemented use of PC Span and ICE Span to predict daily initial margin/collateral requirements on ICE and CME.

Manage team of trade confirmation specialists using eConfirm broker and counterparty, ISDA paper confirmations and exchange level reconciliation tools.

Streamlined daily reconciliation process to provide system generated side-by-side comparison at the contract level of FCM and in house valuations.

Liaison between trading and IT to incorporate new product descriptions in initial margin calculations and position reconciliations.

Project Manager-Risk

Managed CCRM system upgrade for credit team within set timeframe and set budget.

Evaluated multiple potential vendors for separate risk management/valuation system for NRG Yield assets.

Validated Collateral Allocation model in an effort to “assign” costs of collateral to

individual trading books.

Interviewed middle and back office groups to gain understanding in FCM interaction and needs of each in evaluating potential banks.

Participated in Dodd Frank implementation team for newly required swap reporting.

GATEWAY ENERGY SERVICES, Montebello, NY 2009-2012

Credit and Risk Manager

Examine and mitigate operational and trading risk throughout the firm.

Established appropriate segregation of duties around natural gas and power trading group in creating middle office function.

Lead company wide initiative in procedure documentation.

Implemented third party pricing verification process for gas basis and ERCOT, PJM and NYISO locations.

Established credit review criteria for new sales territories to minimize receivable risk to the company.

Monitored contractual covenant compliance around position trading limits.

UBS FINANCIAL SERVICES, Weehawken, NJ 2006-2009

Director / Head of Quality Assurance, Transaction Products

Provide leadership and effective management of all FINRA and SEC inquiries while serving as the point person for internal/external audits and semi-annual Sarbanes-Oxley (SOX) self-certification.

Determine and mitigate risk by maintaining compliance of all trading activity and ensuring proper documentation of procedures within wealth management.

Spearheaded the creation of a new QA function and structure for the Transaction Products division. Formulated processes to ensure full alignment with the division-wide risk initiative. Recruited and hired staff.

Conducted comprehensive risk analysis of six business areas. Evaluated written procedures, created extensive flow diagrams, assessed controls standards, risk metrics and incident reporting.

Developed and disseminated supervisory manuals for three business groups.

Exhibited a solid background in trading and risk, which enabled immediate contributions; quickly analyzed business challenges to drive solutions.

IBA, Bernardsville, NJ 2004-2006

Controller

Successfully managed middle/back office operations for this commodities trading/international gas marketing firm with responsibility for daily and monthly financial reporting and month-end accounting close processes.

Oversaw all aspects of Sarbanes-Oxley compliance and risk management.

Monitored Value at Risk (VaR) exposure.

Reconciled daily broker balances for the Nymex trading account.

Drafted and implemented middle/back office policies and procedures.

Served as the primary contact and go-to resource for all auditors regarding Sarbanes-Oxley compliance and financial statement audits.

AMERADA HESS CORPORATION, Woodbridge, NJ 2004

Senior Middle Office Analyst

Delivered impeccable support to the natural gas and electric trading division as team lead.

Produced daily P&L reports and assisted with confirmation processing.

Played a key role as a member of a special committee charged with drafting a new company-wide risk policy and ensuring Sarbanes-Oxley compliance.

Updated and maintained complex deal valuation spreadsheets in Excel.

Performed monthly hedge accounting classifications.

NUI ENERGY BROKERS/NUI CORP., Bedminster, NJ 1999-2004

Trading Controls Supervisor (2002-2004)

Ensured outstanding levels of support to the financial commodities trading team with responsibility for oversight and enforcement of risk management policies and Value at Risk (VaR) exposure.

Supervised daily deal entry processes, broker balance reconciliation, pricing models updates, and P&L analysis. Developed division P&L reports.

Acted as the lead contact for accounting and audit departments.

Analyzed and managed daily activity in the company’s portfolio; conducted sensitivity analysis to forecast exposure to potential price changes.

EDUCATION FAIRLEIGH DICKINSON UNIVERSITY, Florham Park, NJ

MBA, Concentration in Corporate Finance, 1998

SETON HALL UNIVERSITY, South Orange, NJ

BS in Economics, 1993

LICENSE SERIES 3, SERIES 7, and SERIES 66 (expired)

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