Joyce Frost is partner and co-founder of Riverside Risk Advisors, an independent derivatives advisory firm in New York City. Her clients include private equity, real estate, corporate and specialty finance companies. She has over 25 years of experience in the derivatives markets, including interest rates, foreign currencies and equity.
Prior to founding Riverside in 2009, Joyce was a Senior Vice President of Cournot Capital Inc, a highly successful seller of credit protection sponsored by Morgan Stanley. In her capacity, Joyce assisted in ramping up a portfolio of over $25 billion in swap notional, securing triple AAA credit ratings from three agencies, issuing $250 million of rated Senior Debt, managing the short term investment portfolio, and facilitating the successful sale of Cournot to an affiliate of Magnetar Capital in 2008.
Prior to Morgan Stanley, Joyce was Head of Marketing for Chase’s newly formed Credit Derivatives Group. During her five year tenor, Joyce contributed to the development and execution of the bank’s first credit derivatives transactions, including total return swaps on the bank’s broadly syndicated loans, credit default swaps, off balance sheet financing vehicles and the market’s first synthetic CLO. During her tenure, Chase’s Credit Derivatives group was rated “Best in Credit Derivatives” by Global Finance Magazine and “Best in Credit Derivatives” by Derivatives Strategies Magazine, in addition to other premier industry recognitions.
Joyce is Co-Editor of the Handbook of Credit Derivatives (McGraw Hill, 1999) and author of many articles published on the use of derivatives by corporations and other end-users. She has spoken at dozens of industry conferences throughout North and South America and Europe.
She currently is Chair, Board of Directors of Excellence Community Schools, a charter school management organization holding six charters in New York and Stamford. She is Founding Chair and current VP, Board of Trustees of the Bronx Charter School for Excellence, one of the top rated charter schools in New York State, and on the Board of Directors of New York Cares, New York City's premier volunteer organization.
Joyce earned an MBA in Finance from the University of Chicago’s Booth School of Business and a B.S. in Finance from Indiana University’s Kelley School of Business.
Joyce has three children and lives with her family on the Upper West Side.