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Reinvention, resilience & growth: How tech is reshaping risk management

Reinvention, resilience & growth: How tech is reshaping risk management

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PREVIEW
Mark BattenMark BattenUK Banking & Capital Markets Leader at PwC

Mark leads the Banking & Capital Markets business for PwC in the UK. He has extensive experience in the delivery of risk and regulatory projects over a number of years with a range of global financial services clients, particularly in capital markets. He leads our global relationship with a major financial services business. He has a deep interest in the impact of global megatrends on financial services organisations.

Leigh BatesLeigh BatesPartner, Financial Services Data Analytics Leader & UK Risk AI Leader at PwC

Leigh is an experienced Partner leading PwC’s Financial Services Data Analytics practice, specialising in risk and regulatory compliance data analytics. Leigh is also the UK risk practice leader for Artificial Intelligence (ML & GenAI) across all industry sectors.

He brings over 25 years of experience in data management and advanced analytics, with specific expertise in regulatory data management, Chief Data Office advisory, data analytics strategy and AI. Over his career Leigh has focussed on leading innovative, data analytics solutions to solve important business issues for clients. More recently Leigh has led the development of Generative AI to optimise risk management and internal audit reporting alongside developing accelerators to support clients with their safe and trusted adoption of AI.

Alexandra BurnsAlexandra BurnsHead Financial Services Risk & Compliance/Internal Audit at PwC

Alex is responsible for PwC's Risk & Compliance and Internal Audit Financial Services practice in Switzerland. She specialises in advising our clients in designing and implementing integrated Risk Management and Compliance Frameworks, with more than 20 years of experience in delivering major programs in the FS and Technology sectors.

In her recent projects, she has supported clients in successfully delivering the design and implementation of global Operational Risk Management Frameworks and getting ready for Operational Resilience.

In addition to her client-facing role, she also focuses on Business planning, development and sales and marketing activities as well as people management and coaching.

Jane WoolcottJane WoolcottUK FS Risk business at PwC

Jane leads our UK FS Risk business for PwC and is a member of PwC's UK and Global FS Leadership team.  She has extensive experience with clients in their evolving risk and regulatory response, transformation and remediation over 25 years. Jane specialises in the Capital Markets area. Jane is also one of our UK relationship partners with a GSIB organisation. Jane has recently led organisations in their resiliency and rethink risk agendas at board and execution levels including the consideration of Macro Risk on strategy and risk management.

Description

In recent years, the banking risk landscape has changed considerably: with global trends and disruptive forces such as the pandemic, geopolitics, climate change and technological advancements having a profound impact on banks' risk profiles. And these macro trends continue to accelerate and compound on one another. When combined with current macro-economic challenges and uncertainty, there is much for financial services organisations to work on to ensure they continue to deliver resilience, forward looking risk management and support good business outcomes. Risk leaders need to ensure that they have the right tools and mechanisms in place to identify, assess, and mitigate this new risk environment and that they provide clear communication to stakeholders.

We will explore the nature of these wider macro risks, the opportunities and challenges created by the fast moving technology environment, the importance of a people led approach and how the grouping of clients we call "risk pioneers" are leading the way. As we explore these themes, we will share insights from the PwC Global Risk Survey 2023; a survey of over 3,900 business and risk management leaders from across 67 territories.

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