Richard N. Rodriguez, Governor

Richard N. Rodriguez is a Risk Management Consultant assisting global financial institutions enhance their risk management infrastructures to comply with internal and regulatory requirements and implement industry best practices across diverse risk disciplines.   

He joined City National Bank, a Royal Bank of Canada Company, as a Front-Office Senior Vice President in August 2019 and was responsible for overseeing City National Bank’s international banking activities, counterparty, country and regulatory risks, as well as the bank’s global clearing house risk exposures.  He was also tasked with integrating City National Bank’s international, financial institutions activities, and derivatives trading platforms with and into Royal Bank of Canada’s Enterprise Risk Management platform.

Mr. Rodriguez worked at Morgan Stanley Wealth Management as an Second Line of Defense Executive Director from 2016 to 2019 where he designed and implemented the first Morgan Stanley International Wealth Management (IWM) Country Risk Framework, evaluating numerous jurisdictions and legal opinions, proposing appropriate limits and conducting empirical analysis of historical market performance across asset classes to supplement expert judgment in country risk stress testing and exposure measurement.   As a Senior Credit Risk Officer, Mr. Rodriguez also supported the IWM securities based lending and traded products businesses for Morgan Stanley Private Bank, National Association and Morgan Stanley Smith Barney, LLC., approving IWM transactions across Latin America, Europe and Asia Pacific.

Mr. Rodriguez was also with CLS Bank International from 2011 to 2014.  As Senior Risk Manager/Executive Director and global head of country and credit risk, he evaluated and monitored the bank's country risk and counterparty credit risk exposures generated by global exchanges & clearinghouses, CLS's members and the broader CLS eco-system.  He was actively involved in expanding the number of currencies settled by CLS, shaping the bank's credit risk policy and procedures and managing the risk-related issues in CLS's strategic initiatives.  Prior to joining CLS, Mr. Rodriguez was a Senior Vice President of The Royal Bank of Scotland Group for 6 years where was manager of the Bank's Latin American Sovereign and Financial Institutions Credit Team.  He is a multilingual Senior Credit Risk Specialist with over thirty five years’ experience in international risk and portfolio management, structuring capital markets transactions, corporate finance and addressing regulatory issues at firms including RBS, ABN AMRO, BNP Paribas, UBS and JP Morgan Chase.  Early in his career Mr. Rodriguez served as a financial analyst at several prominent M&A consulting firms.

Mr. Rodriguez has a BA in Finance from Pace University and two Masters Degrees, one from Colombia University's Business School and the second from New York University's Stern School of Business.  He is also a frequently lecturer in risk industry events, speaks five languages and is a native New Yorker.