SPEAKER FACULTY

  • GUY_harding Guy Harding
    Chief Risk Officer - Business & Private Banking
    COMMONWEALTH BANK
  • Michelle_Mott Michelle Mott
    Head of Risk Management & Change - Group Operational Risk & Compliance
    WESTPAC
  • Tim_Kitching Tim Kitching
    Head of Risk Management, Advice and Marketing
    MLC & NAB WEALTH
  • Phil-Carter Phil Carter FBCI
    Head of Group Business Continuity Management
    ANZ
  • Catherine_Crawford.Photo_for_Presentation Catherine Crawford
    Head of Compliance Australia
    STATE STREET GLOBAL ADVISORS

FORMING A UNITED, COMMERCIAL VISION OF OPERATIONAL RISK & COMPLIANCE

Uniting operational risk and compliance to deliver true business value in the post-recession world

The operations of financial organisations are under fire in the modern world.

With new and increased threats becoming apparent in conjunction with globalisation, technology, industry complexity and the expansion of services, having a robust operational risk and compliance framework in place is of course essential to avoid severe losses – both monetary and reputational.

But, in a rapidly evolving global economy, a compliance-only, regulation-reactive strategy is no longer enough.

If financial institutions are to gain a true position of strength in the post-recession world, they must create a strategy that embraces the real profit potential of the risk and regulation disciplines.

The Financial Services Operational Risk & Compliance Forum will bring together c-level executives from the leading financial institutions to explore how the functions of risk, compliance and internal audit are simultaneously evolving to meet increased regulatory and business demands.

Through in depth and interactive discussions of regulatory alignment, strategy, practical implementation and demonstrable results, this forum will empower Operational Risk & Compliance professionals to work together to harness the opportunities provided by today’s regulatory-centric environment.

Demonstrating the true business value of operational risk and compliance through a commercial and metrics-based approach to measuring, benchmarking and reporting to the board

Under pressure to lower capital costs and increase liquidity, financial institutions need to turn the regulatory thorn in their side into a blossoming cost saving venture.

The idea that a pro-active approach to operational risk management and compliance can now be directly equated to profit is gaining ground.

The stumbling block for compliance and risk professionals is embracing the limelight to transition this theory into practice.

The key for both disciplines is speaking the board’s language – turning the small print into an invigorated, accountable workforce; turning the mathematics into tangible, business metrics.

From creating the ‘single vision’ strategy to encouraging more commerciality in your staff, The Financial Services Operational Risk & Compliance Forum will outline real life case studies to give you the confidence you need to achieve your goals.

Deepening your operational risk & compliance framework to stay abreast of new regulations, diminish administration, improve reporting and ultimately reduce operating expenses

Operational risk and compliance are measurable – you just need the right systems and strategies in place to cover the ever-growing ground.

Operational transparency is climbing further up the agenda of both regulators and customers, and demands for quick reports and audit-quality data are getting ever-louder. This pressure on resources - both human and technology – is further compounded by the need to reduce costs.

Operational risk and compliance professionals must turn their attentions to their legacy, reporting and storage systems to ensure requirements are met.

This event will assess strategies for such problems as:

  • real-time data capture, storage and distribution back into the business
  • meeting quality and granularity demands
  • embedding stress and scenario tests into ERM systems

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Event Partners
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AFMA IFS-PMS-Transparent
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