RMA Newsletter - November 2016
The past few RMA Australia months have been extremely busy and productive.
During September RMA convened panel sessions in Sydney and Melboureon 'Enhancing Trust and Integrity' hosted respectively by Westpac and ANZ. We thank ANZ's CRO Nigel Williams, Westpac's Dirk Mcliesh General Manager Conduct, Kylie Rixon, CRO Wealth and Digital ANZ and ABA CEO Steven Munchenberg for making a huge effort to make these sessions topical and lively.
We note that Steven will be stepping down from his position at ABA and wish him well. Over the years he has been a more than willing volunteer to speak at RMA events on the issues which concern banks generally. Thank you Steven for your support!
We also offered members an extra event in September on the Future of the Risk Function. In both Sydney and Melbourne Mike Ritchie from KPMG gave a graphic and at times challenging presentation on how the risk function will change both in the short and medium terms. Special thanks to Mike Ritchie and Mark Burgess KPM for making this well attended event so relevant to members.
In response to member demands in our post event surveys we convened an extra session on Blockchain technology and its implications for risk operatives. EY has done a great job in providing an update on how Blockchain will impact banking - the demonstration of live Blockchain transactions was especially appreciated by attendees during October in Sydney and Melbourne.
Also during October our Brisbane members attended an EY hosted event on'The Customer Experience, the Role of Bankers, Risk Executives and Regulators'. Special thanks to CBA's Erin Loch, State Manager QLD, Business & Private Banking Risk Management, EY partners Paula McLuskie and Rob Colwell, Suncorp's Bruce Rush and the ASIC executives Paul Eastman and Boyd Honor who took part in the panel exchanges.
The CRO Conference 2016
Capping off an extremely busy September, PwC convened and hosted our annual CRO event. THis event attracted 50 plus of our most senior Risk Managers. Those who attended heard presentations on risk culture, resilience, strategic disruption and took part in a simulation of a cyber attack. We are grateful to PWC's Rick Crethar, Caroline Brell and Amrita Jebamoney for their initiative and creativity in making this event a huge success.
Ethics at Risk Master Class
During October we advertised our inaugural Masterclass Events. We thank those 30 RMA members who registered to attend the Sydney Master Class which will focus on Ethics and Risk Managers. We will run a similar master class in Melbourne in February 2017. If you'd like to join the Melbourne Ethics Master Class please contact Selina at email@example.com
We thank Kylie Rixon and Annabelle Alderson ANZ for steering this key initiatie in RMA's endeavour to bring quality opportunities to its members.
Senior women in Risk Roundtable
On 22 September NAB's CRO David Gall hosted our second dinner for this Roundtable. The guest speaker was NAB Board Member Anne Loveridge. This was an engaging evening which has received very positive feedback. Special thanks to NAB's Kerrie Noonan for convening this event.
Social media focus
Currently we are focused on making our social media more relevant to members. It goes without saying that the risk function in a financial institution needs to be aware of what is happening both within the institution and also within the community and customer base. Social media can assist in enhancing awareness.
We encourage members to join our LinkedIn group 'RMA Australia'. In the last few weeks it has grown from 75 to 250. Membership of this group will be of benefit to those who want updates on RMA events, news feeds on regulation and legislation, and discussions on issues of common interest. You can join this group here or on the RMA Australia home page. We thank Westpac's Fiona Macrae for leading this outreach.
Catherine Thrum - President
Richard Gilbert - Executive Director