2023 agenda

2023 agenda

Risk Australia 2023 agenda

09:0009:10

Chairperson’s opening remarks

09:00 - 09:10

Peter Deans

Director

The Regtech Association

Peter Deans is a former Chief Risk Officer. Peter retired in May 2019 after seven years as Group Chief Risk Officer of the Bank of Queensland (BOQ) in Australia and a finance career of over 32 years. Peter was awarded Australian Banking & Finance magazine’s Chief Risk Officer of the Year award in 2014, 2015, 2016 and 2018.

Peter now undertakes selected risk and strategy advisory engagements in the financial services, corporate and start up/technology sectors.  Peter is a regular speaker, in Australia and overseas, on risk management, ethics, technology, and regulatory and compliance topics. 

Peter is also the Creator & Founder of the 52 Risks management framework (www.52Risks.com) and a Non-Executive Director of The Regtech Association in Australia.

09:1009:30

Keynote Address

09:00 - 09:10

09:3010:00

Keynote panel: Adjusting for the ever-changing risk environment

09:30 - 10:10

  • The current landscape of emerging risks within Australia
  • Where to place priorities with continually changing risks and new factors?
  • Building greater partnerships across Australia to stay ahead of risks
  • What are the new opportunities coming from the current risk domain?
Vasyl Nair

Group chief executive officer

Mine Superannuation Fund

Mine Superannuation Fund (Mine Super) is a profit to members, public offer super fund dedicated to serving the retirement needs of all Australians. Its enduring purpose is to deliver an exceptional retirement for members which achieves peace of mind along the way. Mine Super employs 200 staff and manages over $12.5 billion in funds for approximately 55,000 members. In addition to superannuation and pension products, Mine Super offers its members insurance and access to financial advice.


Vasyl Nair is the Group Chief Executive Officer of Mine Super (prior to this, Vasyl was employed with Mine Super in the roles of Deputy Chief Executive Officer, Chief Risk Officer and Chief Strategy Officer). Vasyl has a background in law and corporate finance, having also held roles across operations, strategy, marketing and risk related functions at some of Australia’s largest financial services institutions (including Westpac Banking Corporation and the Commonwealth Bank). Vasyl holds a Bachelor of Laws (Hon), Bachelor of Commerce, Graduate Diploma of Legal Practice and an Executive Master of Business Administration. He is admitted to the Supreme Court of NSW as a solicitor, is a Graduate of the Australian Institute of Company Directors and has achieved a Certificate of Business Excellence from the Haas School of Business, U.C. Berkeley. He is also a director of Recreo Financial, an Australian financial technology company, specialising in superannuation and investment administration.

Elliot Clarke

Head of international and market economics

Westpac Institutional Bank

Elliot has been with Westpac Economics for over 13 years having previously worked at the Reserve Bank of Australia. Over his career, Elliot’s focus has remained on Australia’s place in the global economy, having assessed economic and financial developments in Asia for the RBA and now as he manages Westpac Economics’ global economic and financial market forecasts. Elliot holds an honours degree in Economics from the University of Sydney, a Masters of Applied Finance from Macquarie University and is also a CFA Charterholder.

Kristy Graham

Executive officer

Australian Sustainable Finance Institute

Kristy is the inaugural Executive Officer of ASFI. Established following the collaborative effort to develop the Australian Sustainable Finance Roadmap, ASFI works to create a financial system in Australia that can support a sustainable, resilient and prosperous future for all Australians. By working across the finance sector, with government, regulators, research institutions and peak bodies, ASFI drives implementation of the Australian Sustainable Finance Roadmap.

With a background in sustainable finance and impact investing across the public and private sectors, prior to ASFI Kristy led the Australian Government’s work with private and institutional investors to mobilise capital for climate and social impact in Australia, Southeast Asia and the Pacific. In this role she established the Australian Government’s first impact investment fund, designed to build sustainable and inclusive financial markets in Southeast Asia. She was also a special advisor on the Prime Minister’s Social Impact Investing Taskforce in 2020. She has previously worked in Australia, Latin America, the UK and in global roles for large and small organisations, driving global progress on sustainability issues. She holds a BSc (Environmental) and a Masters in Environmental Law from the University of Sydney and will complete her MBA (Social Impact) in 2022 at UNSW (AGSM).

Campbell Nicoll

Chief risk officer

Regional Australia Bank

Campbell Nicoll is the chief risk officer at Regional Australia Bank, having over 15 years of experience in both credit risk management and operational risk management. Campbell brings a balanced approach to risk management given his background in both risk management and corporate banking. Prior to his role at Regional Australia Bank, Campbell's roles within the financial sector includes general manager positions at ASB Bank (New Zealand) and the CRO role at the Bank of South Pacific (Fiji).

10:0010:25

Building resilience in times of uncertainty: Strategies for today’s banking industry

00:00 - 00:01

Terisa Roberts

Global solution lead, risk modeling & decisioning

SAS

Dr Terisa Roberts is the global solution lead for Risk Modeling and Decisioning at SAS. She has nearly two decades of experience in quantitative risk management and advanced analytics.


Throughout her career, she has helped companies in financial services, telecommunications, government, energy and retail derive business value and make better decisions using risk analytics. She has domain experience in regulatory compliance, IFRS9, BCBS239, model risk management and enterprise stress testing.


She advises banks and regulators around the world on industry best practices in Artificial Intelligence, automation and digitalization related to risk modeling and decisioning and in the responsible use of AI and Machine Learning. She regularly speaks at international Risk conferences on innovation in Risk Management.


She holds a Ph. D in Operations Research and Informatics and lives in Sydney, Australia with her family.

Christopher Schaub​

Business solutions manager​, financial risk management

SAS

Chris has been delivering risk management solutions into the financial services, insurance and corporate sectors for over 25 years.​

Chris has a proven track record of selling and implementing risk solutions that meet compliance and business needs. Chris joined SAS in 2010 to head up the Operational Risk, Governance & Compliance solutions and has since been appointed Business Solutions Manager for Risk helping customers modernise their risk ecosystem to meet the demands of IFRS 9 and Basel III/IV Regulatory Capital. At present Chris is focusing on the world of Stress Testing and Asset & Liability Management allowing our customers to easily and swiftly understand the impacts to their Balance Sheet across a myriad of risk factors including Climate Change.​

Prior to joining SAS, Chris worked at Misys, Sungard and Fiserv where he sold and delivered risk and compliance solutions as part major risk transformational programs at global ASX listed financial institutions. ​

Chris holds a degree in Computer Science, a Diploma of Financial Services (FINSIA) and currently completing his Green & Sustainable Certificate with Chartered Banker

10:2510:55

The changing landscape of the derivatives market in Australia

13:00 - 14:00

  • What have been the emerging trends within derivatives in Australia?
  • Regulatory updates around derivatives
  • How has the LIBOR transition impacted Japan derivatives market?
  • Navigating through non-mandated instruments – CCS, FX, Repo
  • Optimizing collateral within the current market conditions
Gregory Haynes

Independent consultant

10:5511:25

Networking break

13:00 - 14:00

11:2511:55

The impact of inflation and interest rates on the property markets

14:40 - 15:10

  • How has higher inflation and constricted labor markets impacted the property markets?
  • What policies have been implemented to curb inflation?
  • Where will the growth be within property markets with possibilities of stagflation?
  • The outlook of property markets look ahead to 2023 and beyond
Manish Jayswal

Head of risk management, consumer & business banking

Westpac

Manish Jayswal is the Head of Risk at Westpac Banking Corporation. Currently at Westpac, Manish is responsible for the oversight of consumer risk portfolio Insights across both financial and non-financial risk. In prior roles at Westpac and Commonwealth Bank of Australia, Manish has spent extensive time in the area of Credit Risk (Institutional and Retail), Balance Sheet Management, Treasury and Capital Allocation.

Prior to moving to Australia in 2012, Manish has held several global senior risk management roles, notably with Fannie Mae in Washington DC during the peak of Global Financial Crisis, Government of Singapore Investment Corporation and GE Capital. Over this time Manish designed and implemented several risk management frameworks such as Risk Appetite, Early Warning, Economic Capital framework, Stress Testing, Loss Allowance Modelling, Home Price Forecasting to name few. Manish is passionate about the role risk management play in decision making under uncertainty and creating shareholder value whilst managing community expectations.

Manish holds Bachelor in Commerce (Hons), Masters in Business Administration (Finance) and Masters in Risk Management and is also a Member of Australian Institute of Company Directors (MAICD).

 

Garth Olling

Chief risk officer

SMBC

Francis O'Sullivan

Head of private markets risk

QIC

Francis is Head of Risk for QIC’s private markets investment divisions. Francis was previously the Chief Compliance Officer & Head of Risk for QIC’s US business. He has played a key role in developing QIC’s Risk Management Framework and Valuations Management Framework, and has worked extensively with QIC’s infrastructure, private equity and real estate teams on risk management and valuations. Francis has 20 years of experience in investment management and asset management in Australia, the USA, UK and Ireland. Prior to joining QIC, he worked at Suncorp Investment Management, Deutsche Bank, Goldman Sachs and Daiwa Securities Trust and Banking.

Francis holds a Bachelor of Science (Honours) from Trinity College Dublin and a Graduate Diploma in Applied Finance and Investment from the Financial Services Institute of Australasia. Francis has also completed the FINRA general securities representatives exam (Series 7) and the general securities principal exam (Series 24). Francis is a member of QIC’s Global Infrastructure, Real Estate, Private Capital Investment Committees.

David Robertson

Chief economist and head of economic and markets research

Bendigo & Adelaide Bank

David Robertson joined Bendigo Bank 21 years ago as Head of Financial Markets, and today is Bendigo and Adelaide Bank’s Chief Economist. He has previously worked in a range of senior roles in Treasury for the State Bank of NSW, First Chicago and Commonwealth Bank. David’s regular economic commentaries draw on decades of economic research and policy making, and his unique and fresh style of delivery has garnered a loyal following for his regular YouTube segments.

23:5512:15

Disclosure & reporting: TCFD reporting and benchmark industry movements

13:00 - 14:00

James Wincott

Former chief risk officer, independent consultant

Nicholas Mant

Chief investment risk & sustainability officer

Northern Australia Infrastructure Facility (NAIF)

Emma Pringle

Head of ESG

Maple-Brown Abbott

Emma Pringle joined Maple-Brown Abbott in May 2020 as Head of ESG. Before Maple-Brown Abbott, Emma spent 14 years with BT, most recently as Head of Customer Governance and Sustainability where she had responsibility for the organisation’s product governance and sustainability functions across superannuation, investments and insurance. Prior to this, Emma held strategy and operations roles in BT’s private wealth, superannuation, investments, platforms and advice divisions. Before BT, Emma worked in blue-chip technology and financial services organisations in Sydney and London. Among industry collaborations, Emma served as co-Chair of the Australian Sustainable Finance Initiative (ASFI) technical working group on meeting community expectations and has experience across the asset owner, corporate and investor pillars of the ESG value chain. In her current role, Emma is responsible for the development and implementation of Maple-Brown Abbott’s ESG strategy, policies and governance. She also oversees the integration of ESG risks and opportunities into investment decision-making, engagement and proxy voting initiatives and stakeholder communications.

00:1512:45

Building healthy risk cultures within a financial institution

15:10 - 15:40

  • The current state of risk cultures across financial institutions
  • What are factors that are not being considered within risk cultures?
  • How can management lead in setting a healthier risk culture?
  • Case study: Successful examples of risk cultures that were turned around
Karl Turner

Independent consultant

Anne Browne

Chief risk officer

Australian Retirement Trust

As Chief Risk Officer of Australian Retirement Trust (ART), Anne is responsible for overseeing ART’s governance and strategy for risk management, financial crime, compliance, and internal audit.  Anne is responsible for relationships with key regulators, and is a member of ART’s Executive team, reporting to the Chief Executive Officer and the Board Audit, Finance and Risk Committee. 

Anne’s team provides independent oversight and guidance for managing risk and ensuring compliance, including the development and implementation of risk management measures across the organisation.  Anne’s team leads efforts to build and sustain a strong risk culture in which all employees understand the importance of managing risk to serve our members. 

Anne has more than 28 years’ in the financial services industry.  Prior to joining QSuper in 2014, Anne held senior roles at UBS both in Australia in Switzerland. 

Anne holds a Bachelor of Commerce, a Masters of Applied Finance, is a Graduate of the Australian Institute of Company Directors and a Fellow of the Governance Institute of Australia.

Sam O'Sullivan

Chief risk officer

QIC

As a member of QIC's Executive team and the Chief Risk Officer, Sam leads a great team of professionals who are continually enhancing QIC's risk management capability.

Before joining QIC Sam held several senior roles in the investment management and infrastructure sectors both in Australia and overseas. Sam is passionate about delivering confidence in business decisions and outcomes by delivering risk and assurance programs in support of strategic objectives.

Alexander Xenos

Chief risk officer

Avenue Bank

12:4513:45

Lunch break

13:00 - 14:00

13:4515:15

Breakout sessions

11:00 - 12:00

15:1515:45

Networking break

13:00 - 14:00

15:4516:45

The pulse in Australia: Where is the Australia financial markets industry headed?

00:00 - 00:01

Peter Deans

Director

The Regtech Association

Peter Deans is a former Chief Risk Officer. Peter retired in May 2019 after seven years as Group Chief Risk Officer of the Bank of Queensland (BOQ) in Australia and a finance career of over 32 years. Peter was awarded Australian Banking & Finance magazine’s Chief Risk Officer of the Year award in 2014, 2015, 2016 and 2018.

Peter now undertakes selected risk and strategy advisory engagements in the financial services, corporate and start up/technology sectors.  Peter is a regular speaker, in Australia and overseas, on risk management, ethics, technology, and regulatory and compliance topics. 

Peter is also the Creator & Founder of the 52 Risks management framework (www.52Risks.com) and a Non-Executive Director of The Regtech Association in Australia.

16:0017:00

Networking drinks: Craft beer

01:00 - 14:00

17:0017:00

End of Risk Australia conference

16:55 - 17:00

13:4514:15

Climate risk models: Preparing for the impact of climate change

13:00 - 14:00

Kylie-Anne Richards

Deputy chief investment officer

Fortlake Asset Management

Kylie-Anne Richards is the Deputy Chief Investment Officer and leads the implementation of responsible investment practices at Fortlake. Kylie-Anne is also a member of the Fortlake Asset Management Board and a board member of IAM Funds.

Kylie-Anne has extensive industry experience both domestically and overseas, having worked at Macquarie Group in Hong Kong as Head of Financial Engineering for the Asia Pacific. Subsequently, Head of Indexation and Quantitative Trading Research at CLSA in Sydney. Most recently she held the position of Director, Portfolio Manager at QTR Capital, a proprietary trading business, which was active in trading MSCI Global Index rebalances in developed markets globally and depository receipt arbitrage in Australia and the USA.

Kylie-Anne is a tenured academic at the University of Technology Sydney with research and teaching interests in sustainable finance, green finance, ESG and high-frequency finance. Kylie-Anne has developed and lectures the Sustainable Finance subjects offered in the Master of Finance, MBA, Executive MBA, Master of Financial Planning and Microcrediential suite. She is an internationally published academic with papers appearing in ‘International Journal of Financial Engineering’, ‘Statistical Inference for Stochastic Processes’, among others.

Kylie-Anne completed her PhD at the School of Mathematics and Statistics, The University of NSW (UNSW). She was awarded the QRSLab Boronia Managed Funds PhD Scholarship in 2011. Kylie-Anne also holds a Master of Finance (Financial Engineering) from The University of Hong Kong, a Bachelor of Science (Mathematics and Statistics) and a Bachelor of Commerce (Finance) from The University of Melbourne.

Kylie-Anne is also a Board Member of Sport & The Spectrum Ltd, which is a not-for-profit enriching the lives of children on the Autism Spectrum through sport.

Glenn Becker

Chief risk officer

Teachers Mutual Bank Limited

Andrew Major

Chief risk & compliance officer

HESTA

Alexander Pui

Executive manager, climate scenario analytics

Commonwealth Bank

✔International and cross cultural experience (Australia, Singapore, Japan)
✔Intellectually curious, but commercially pragmatic and client focused problem solver
✔Successful track record of end-to-end new product development by leveraging the latest science and tech
✔Effective and engaging presenter, with previous speaking engagements at Harvard, The Economist, World Bank and UNEP among others
✔Thought leader within (re)insurance, catastrophe risk management and climate risk - evidenced by strong industry publication record

14:1515:00

Roundtable: Building robust ESG risk management frameworks

13:00 - 14:00

Sulin Ho

Group head of credit policy, prudential standards, & ESG risk

Westpac

Andrew Major

Chief risk & compliance officer

HESTA

Anne-Marie Paterson

Executive director, corporate governance and group company secretary

Colonial First State

Kylie-Anne Richards

Deputy chief investment officer

Fortlake Asset Management

Kylie-Anne Richards is the Deputy Chief Investment Officer and leads the implementation of responsible investment practices at Fortlake. Kylie-Anne is also a member of the Fortlake Asset Management Board and a board member of IAM Funds.

Kylie-Anne has extensive industry experience both domestically and overseas, having worked at Macquarie Group in Hong Kong as Head of Financial Engineering for the Asia Pacific. Subsequently, Head of Indexation and Quantitative Trading Research at CLSA in Sydney. Most recently she held the position of Director, Portfolio Manager at QTR Capital, a proprietary trading business, which was active in trading MSCI Global Index rebalances in developed markets globally and depository receipt arbitrage in Australia and the USA.

Kylie-Anne is a tenured academic at the University of Technology Sydney with research and teaching interests in sustainable finance, green finance, ESG and high-frequency finance. Kylie-Anne has developed and lectures the Sustainable Finance subjects offered in the Master of Finance, MBA, Executive MBA, Master of Financial Planning and Microcrediential suite. She is an internationally published academic with papers appearing in ‘International Journal of Financial Engineering’, ‘Statistical Inference for Stochastic Processes’, among others.

Kylie-Anne completed her PhD at the School of Mathematics and Statistics, The University of NSW (UNSW). She was awarded the QRSLab Boronia Managed Funds PhD Scholarship in 2011. Kylie-Anne also holds a Master of Finance (Financial Engineering) from The University of Hong Kong, a Bachelor of Science (Mathematics and Statistics) and a Bachelor of Commerce (Finance) from The University of Melbourne.

Kylie-Anne is also a Board Member of Sport & The Spectrum Ltd, which is a not-for-profit enriching the lives of children on the Autism Spectrum through sport.

15:0015:15

Roundtable insights: Building robust ESG risk management frameworks

00:00 - 00:01

13:4514:15

The impact of digital transformation on fraud risk

13:00 - 14:00

14:1515:00

Roundtable: How to adapt to a digitalized world and protecting customers?

13:00 - 14:00

Carolyn Hanson

Global head of financial crime compliance

First Sentier Investors

15:0015:15

Roundtable insights: How to adapt to a digitalized world and protect customers?

00:00 - 00:01

13:4514:15

What’s next in the regulatory space within clearing and collateral management?

13:00 - 14:00

Robert Fievez

Specialist consultant - investment programs

HESTA

Robert Fievez is Melbourne based with 15+ years’ experience in Financial Markets specialising in derivatives reform, execution and collateralisation. His experience has includes helping firms, large and small, to match the regulatory requirement against the underlying portfolio impact and make the transition to new operating and business models. Most recently, his focus has been with buy-side firms as they seek to acquire a wider range of market risk management access methods. Mr. Fievez has also led engagement with local (APRA and RBA) and overseas (US Federal Reserve, Japanese Financial Services Agency, etc.) regulators across a range of derivative reform issues.

14:1515:00

Roundtable: Best practices in trading decisions and hedge position optimization

14:00 - 15:00

15:0015:15

Roundtable insights: Best practices in trading decisions and hedge position optimization

00:00 - 00:01

Robert Fievez

Specialist consultant - investment programs

HESTA

Robert Fievez is Melbourne based with 15+ years’ experience in Financial Markets specialising in derivatives reform, execution and collateralisation. His experience has includes helping firms, large and small, to match the regulatory requirement against the underlying portfolio impact and make the transition to new operating and business models. Most recently, his focus has been with buy-side firms as they seek to acquire a wider range of market risk management access methods. Mr. Fievez has also led engagement with local (APRA and RBA) and overseas (US Federal Reserve, Japanese Financial Services Agency, etc.) regulators across a range of derivative reform issues.