2025 April E-Newsletter
A Message from our Executive Director
Dear Members,
As we head into a new membership year, I would like to extend a sincere thank you to all our renewing members for your continued support, and a warm welcome to those joining RMA Australia for the first time.
It’s been particularly pleasing to see an increase in membership from the insurance sector, while successfully retaining our valued Tier 2 and Tier 3 members. We are particularly grateful for the ongoing generous support of our Tier 1 members – ANZ, CommBank, NAB Group and Westpac Group.
Each year, we set ourselves the goal of delivering the highest standards across our events, webinars, forums and CRO Conference, ensuring you receive quality content, networking opportunities, and global risk insights to support your professional development.
As we shape our 2025 calendar, we welcome your input. If there are specific topics or speakers you would like to see featured, please don’t hesitate to reach out or submit your suggestions to our Events Sub Committee (ESC) at events@rmaaustralia.org. The ESC meets regularly to plan our webinars and face to face events.
This month we will hold the first webinar in our Risk Fundamentals Series for 2025 on Operational Risk. This webinar already has a record 670+ registrations!
In May, we look back on the Trump administration’s first 100 days. What a wild ride the first 100 days of Trump 2.0 has been. New tariffs, unresolved wars in Ukraine and Gaza, a bear market for US stocks, a weakening USD, and new political and economic alliances.
RMA Australia and Notwithoutrisk Consulting are bringing back Andrew Perry, Charlie Burgess and My Bui from the Ballot Box 2024 series to assess the first 100 days of Trump’s second presidency, exploring its impact on global trade, financial markets, and economic policies.
The panel will be joined by defence and security expert, Mike Kalms from KordaMentha and will also examine the geopolitical shifts and challenges shaping the international landscape under the Trump Administration. An essential session for all risk managers.
For more information and to register, please register here or below.
Follow RMA Australia on LinkedIn to stay updated with industry news and event announcements.
Richard Gilbert
Executive Director
RMA Australia
Have you renewed your membership?
It’s time to renew your individual membership for ZERO FEES.
2025/2026 RMA Australia memberships are now due for renewal. Joining or renewing is easy. Click the link below to join or renew your membership for ZERO FEES in 2025/2026.
If you have joined RMA Australia in the past few months, you will not be required to renew your membership as your membership is already active until 31.03.2026.
Spotlight On – Jamy Abid
This month we welcome Jamy Abid to the Events Sub Committee. Jamy is a Quantitative Analyst at ANZ with over 20 years experience as a quantitative analyst in Rates, Equity and FX markets.
Name: Jamy Abid
Organisation: Anz Banking Group
Title: Co-Head of Markets Model Validation
What are the 3 primary tasks of your role in risk?
1. Independent Model Validation: I lead the validation team overseeing front-office valuation models used in ANZ’s Global Markets and Treasury businesses. This involves assessing the conceptual soundness, implementation accuracy, and performance of valuation models across all asset classes, ensuring they remain fit for purpose and compliant with regulatory expectations.
2. Model Risk Management: my team manages model risk in line with ANZ’s risk appetite. This includes the identification and quantification of model risks as well as the application of appropriate risk mitigants such as model restrictions and valuation adjustments (Model Provisions) for valuation models with material limitations.
3. Governance and Regulatory Engagement: oversight of the governance framework for valuation models, ensuring alignment with both Australian and global regulatory standards. This includes regular engagement with auditors and regulators.
Why did you/what attracted you to join the RMA Australia Events Sub Committee?
I see RMA Australia as a great platform for sharing knowledge, connecting risk professionals with diverse perspectives and ultimately helping to shape the future of risk-management. With over 20 years of experience as a quantitative analyst in financial markets, I’m passionate about risk management, so joining the RMA Events Sub-Committee felt like a natural step.
It’s a unique opportunity to contribute to the broader risk community and spend active time reflecting on risk management practices at a higher level – beyond the technical aspects of my day-to-day role. I’m particularly excited to support events that explore emerging risks, foster innovation in the financial industry, and promote best practices in risk management.
In your opinion, what are the biggest challenges facing risk professionals in our industry?
One of the biggest challenges today is balancing innovation with strong risk governance – supporting business agility while meeting increasingly complex regulatory expectations. FRTB and CPS 230 are good examples of these challenges in the current environment.
Emerging risks like climate change, cyber security, and geopolitical risks are also forcing us to evolve beyond traditional frameworks.
Looking ahead, Artificial intelligence presents both great opportunity and significant risk – from model uncertainty and data integrity to ethical concerns. Like the internet in the 2000s, AI may reshape our society and risk practices, requiring us to rethink governance and adapt our approach.What topic (s) would you like to see included in the 2025 RMA Australia webinar/events calendar?
- Artificial Intelligence
- Operational and Non-Financial Risks
- FRTB for Capital Markets and IRBB
- Climate, Cyber, Geopolitical and Model Risk
- Technology
Upcoming Events
13 May I 4 – 5 pm AEST I Trump 2.0 – The First 100 Days I Hosted by Peter Deans (Not Without Risk Consulting)
