Risk Culture and Appetite with Jane Stanton
WOB Executive Director & Co-Founder, Claire Braund will facilitate an engaging face-to-face event in Sydney with guest speaker, Jane Stanton, Director, Consulting at Grant Thornton and regular on ABC The Drum. They will explore risk appetite and the board’s role in setting and reviewing risk appetite.
In the current volatile environment it is an appropriate time for boards to be reviewing risk appetite.
Risk Appetite: A statement of what is possible
A Risk Appetite Statement articulates the level of risk that an organisation is willing and able to accept in the pursuit of its strategic objectives.
- It is articulated via a series of targets and tolerances.
- There may be areas where there is no appetite for risk – for example, undetected compliance breaches.
- Willingness is driven by an organisation’s culture and risk culture more specifically
- Ability is the organisation’s capacity to manage risk – this is a function of organisational capability and resources such as the strength of its Balance Sheet
The Board is responsible for setting the Risk Appetite. This is the first step in determining an organisation’s strategy and objectives.
We understand many people are still getting used to this 'new normal'. Grant Thornton has ensured us they are taking all precautions to help you feel as comfortable as possible with numbers being capped, safe distancing measures, sign in and additional cleaning etc. If you have any concerns at all please do not hesitate to contact us by dropping us a line at email@example.com.
We look forward to seeing you face-to-face in Sydney.
Jane Stanton - Director, Consulting, Grant Thornton
Jane brings significant experience from her distinguished career that includes the 2018 Presidency of Chartered Accountants Australia and New Zealand (CA ANZ). She has over 20 years of financial services industry experience having worked in a variety of senior risk management, internal audit and finance roles for APRA regulated and listed entities primarily in banking and general insurance. Jane has worked across Asia, North America and Europe. She has deep experience in the development, embedding and oversight of risk management, assurance, compliance and governance frameworks and the development and rollout of internal audit methodologies.
Jane is a member of the Audit & Risk Committees of the Sax Institute and the University of Notre Dame. She is a Board Member of the Women’s Alcohol and Drug Advisory Centre (Jarrah House) and a former Board Member and a Past President of CA ANZ. During her term as CA ANZ President, Jane championed mental wellness in the accounting profession, drawing on her own experience of balancing a rewarding career with managing mental illness.
With thanks to our corporate partner: