Model Risk Management: Challenges and Emerging Expectations – WEBINAR

RMA Australia is pleased to bring you our first webinar for September 2026 – Model Risk Management: Challenges and Emerging Expectations, hosted by ANZ.

This session will focus on Model Risk Management in the current regulatory and market environment. The discussion is intended for risk professionals across banking and financial services, and will cover practical approaches to model governance, validation, model risk controls, and emerging supervisory expectations.

FURTHER INFORMATION:-

About the Panel:-

Scott McKenzie, Director, Actuarial & Financial Risk Management, PricewaterhouseCoopers

Scott advises financial institutions on model risk frameworks, governance and independent validation across market risk, interest rate risk, liquidity and pricing/valuation models, including XVA. He has 15 years in financial services, including nine years in PwC’s New York practice working with US G-SIBs, foreign banking organisations and regional banks on model validation and model risk governance under SR 11-7 and, more recently, the transition to SR 26-2.

Kishan Mistry, Senior Manager, Actuarial & Financial Risk Management, PricewaterhouseCoopers

Kishan Mistry is a Senior Manager in PwC Australia’s Risk & Digital Trust practice, specialising in risk management and credit risk modelling. With more than 15 years of experience across Australia and the United Kingdom, he has supported major banks and financial institutions in the design and enhancement of model risk management frameworks, including alignment with regulatory expectations such as the PRA’s SS1/23, the development and validation of A-IRB and IFRS 9 credit risk models, and the delivery of broader credit risk transformation initiatives.

Mark Richards, Director, Actuarial & Financial Risk Management, PricewaterhouseCoopers

Mark is a director in PwC’s Actuarial & FRM practice. He specialises in market risk, advanced mathematics, and model risk management. One of his key focus areas is supporting financial institutions to strengthen their model governance – addressing the risks that models introduce, the controls needed to monitor them, and the frameworks that keep them aligned with evolving regulatory expectations.

About the Moderator:-

Jamy Abid, Head of Markets Model Validation, ANZ

Jamy is a quantitative finance leader with over 20 years’ experience across Rates, FX, Credit, XVA, and Commodity markets.  At ANZ, he leads an international team responsible for the independent validation of valuation, market risk, and counterparty credit risk models across Global Markets.

He has held quantitative roles across front-office, and market risk functions in Europe and Australia.  His expertise includes derivatives pricing, model risk governance, and practical application of machine learning in quantitative risk management.