Phil Priolo serves as the Vice President of Risk and Operations and leads the risk management, research, and trading operations teams. The team builds the risk management framework for the trading organization. This includes implementing a risk and credit policy, leading the risk committee and developing a comprehensive risk framework for the business. Mr. Priolo’s team is also in charge of conducting fundamental research on the markets in which Sol is active.
Prior to working at Sol, Mr. Priolo spent 15 years at Exelon in roles in credit and market risk. During his time at the company he developed and implemented Exelon’s credit risk policy, negotiated long-term structured transactions, and monitored Exelon’s $5B credit portfolio. In the role Mr. Priolo had prior to leaving Exelon, he led the market risk team that focused on managing portfolio metrics like V@R, GM@R, position limits, and stop loss. His team also handled trade confirmations, cash application, FCM reconciliation, and compliance activities.
Mr. Priolo graduated Penn State University where he received a Bachelor of Science in Quantitative Business Analysis and Temple University where he achieved an MBA in Finance.