Denise Richards' first episode on the soap opera airs April 3

Denise Richards is adding another acting credit to her lengthy resume.

PEOPLE can exclusively announce that Richards is joining the cast of CBS’s The Bold and the Beautiful. The actress, who recently joined season 9 of the Real Housewives of Beverly Hills, has landed the contract role of Shauna Fulton.

“Shauna is a fun-loving, hard-working single mother from Las Vegas who aspires to live life to its absolute fullest,” executive producer and head writer Bradley Bell tells PEOPLE. “She heads for Los Angeles when she learns that her daughter, Florence ‘Flo’ (portrayed by Katrina Bowden), the pride and joy of her life, is entangled in a complicated situation. However, Shauna’s involvement won’t stop there. She’s got a past and big secrets to spill.”

Richards begins taping Friday, and her first episode airs April 3.

Credit: JB Lacroix/Getty

Richards, 48, has appeared in a number of films and TV shows, including the 1998 thriller Wild Things and the sitcom Blue Mountain State. She was a Bond girl in 1999’s The World Is Not Enough and has guest-starred in Seinfeld, Friends and Beverly Hills, 90210.

Richards isn’t the only Beverly Hills Housewife to land a soap opera role: Her costar Lisa Rinna starred on Days of Our Lives. Rinna, 55, first joined the NBC daytime drama in 1992 and has re-appeared several times over the years. Plus, Kyle Richards had a three-episode arc on Days in 2013, and Erika Girardi has appeared on The Young and the Restless many times.

The Bold and the Beautiful airs weekdays (check local listings).