With the royal commission and APRA Prudential enquiry report providing a much-needed wake up call to the banking & financial services industry, management of conduct, operational, technology and various other non financial risks have emerged as a critical priority for the sector.
With digital transformation proliferating the perimeter of risks through new exposures such as data breaches, privacy, cyber threats, so has the purview of a risk leader who is beckoned to do more with less by re-thinking how the risk organization is set up across the three lines of defence to improve agility, transparency and effectiveness in the assessment, prioritization and management of non financial risks.
With that in mind, we are pleased to bring you Australia’s first of its kind Non Financial Risk Management Summit (28-30 October, Sydney). Focusing on improving how risks in this segment are quantified, owned and prioritized with equal footing as financial risks, this is your opportunity to scope out best-in-class risk frameworks, controls, cultures and capability to help you not only appease regulatory commitments but also drive seamless, consistent and secure customer outcomes.