Investor Presentaiton
Fix.
Risk management and culture
Capability and capacity
Added over 100 resources for credit
decisioning, risk reporting and stress testing
CORE1 Program
•
•
Integrated plan approved by APRA 7 April
19 Workstreams, clear accountability
Multi-year timeframe - quarterly assurance
reporting, published each half
Financial crime program
Capability and capacity
60% increase in team
More than doubled people investigating
and reporting on financial crime
Progress
Addressed matters identified in the
AUSTRAC Statement of Claim
Upgraded risk assessment methodologies
and monitoring solutions
250% increase in customer reviews
assessing high risks more frequently
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1 CORE is customer outcomes and risk excellence.
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Westpac Group 2021 Interim Results Presentation & Investor Discussion Pack
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