Chief Risk Officer
Regional Bank Australia
11:40 AM Maintaining Conduct Risk and Regulations Within the Culture Without Disturbing Organisational Productivity by Allocating Resources Efficiently
Conduct risk remains at the top of concerns with 89% of banks focusing on more no financial risks, however institutions are still struggling to prioritise resources and investments on this issue as there is a desire to improve capabilities and cost efficiencies. The key to transformation is to strike the right balance between a sales driven front office and maintaining an effective compliance program.
- Identifying how an organisation prioritises resources to influence change
- Focusing on organisational culture and regulatory compliance without neglecting the primary purpose of the business
- Developing a deeper understanding of where conflicts may occur to maximise efficiencies