Lawrence ANTIOCH
Banking & Finance
Summary
Professional Summary:
- Highly motivated and results-oriented Risk Management professional with 15+ years of experience in the banking industry.
- Proven ability to lead cross-functional teams in developing and implementing effective risk frameworks, particularly focusing on risk culture and appetite, credit risk assessment, regulatory compliance, and model building (including ESG factors).
- Successfully improved (1) the level of capital by ~10%" and (2) capital allocation to achieve a better balance between risk and returns while ensuring financial stability and adherence to risk appetite.
- Experienced in independent risk oversight, stress testing design to improve balance sheet resilience, and communication of risk to senior management and Boards.
- Eager to leverage leadership and risk management expertise to champion a robust risk culture and contribute to the World Bank Group's financial sustainability and triple-A rating
Overview
18
18
years of professional experience
6
6
years of post-secondary education
Work History
Cheif Finance & Strategy Officer
Aerapass Ltd
12.2022 - Current
- In current role, play key leadership role in risk management. spearheaded development of company's risk framework and appetite, ensuring alignment with strategic objectives and risk tolerance. Additionally, am driving company's initiative to develop and launch carbon trading platform. This initiative demonstrates understanding of emerging environmental risks and importance of sustainability. Leading development of robust risk management and mitigation strategies for this innovative project.
- My experience in financial performance analysis, risk identification, and adherence to regulations translates to strong foundation for effective risk management. I am also strong proponent of leveraging technology to improve efficiencies. By focusing on digitization of finance and operations, I have driven improvements in obtaining more timely management information, which allows for quicker identification and mitigation of potential risks
Head of Product Development & Snr Product Strategist
Moody's Analytics
06.2019 - 11.2022
- Led product development initiatives for Banking Solutions division with focus on APAC region
- Developed and implemented country risk framework and Project and Structured risk assessment framework and rating system
- Identified market opportunities and translated them into product enhancements.
Head of Group Portfolio Analytics
DBS Bank
10.2016 - 04.2019
- Managed team of 128 staff and spearheaded initiatives to strengthen risk management and optimize bank's risk-return profile
- Championed use of data analytics to support independent risk oversight and facilitate digital transformation
- Developed forward-looking risk assessments and enhanced risk reporting.
Head of Model Validation
DBS Bank
04.2006 - 10.2016
- Spearheaded bank's model risk management efforts, ensuring appropriate use of analytical models for risk assessment and decision-making
- Developed and implemented bank's model risk policy
- Provided critical assurance to senior management and Board regarding bank's model risk profile.
Education
Master of Arts - Economics
Simon Fraser University
Burnaby, BC 06.1995 - 09.1996
Graduate Diploma Economics - Public Finance
The Australian National University
Canberra, ACT 03.1985 - 12.1985
Bachelor of Economics - Mathematical Economics
The Australian National University
Canberra, ACT 03.1980 - 11.1983
Skills
Balancing technical and business requirements
Conflict resolution
Staff development
Team leadership
Extremely organized
Verbal & written communication
Finance and Banking
Risk management processes and analysis
Balancing technical and business requirements
Balancing technical and business requirements
Accomplishments
- Project sunshine (McKinsey & Co – developing a strategy for growth in Hong Kong) - (DBS)
- Developing Operational Risk Model (Op Var) – (DBS)
- Algorithmic Lending (SME India, CBG Indonesia) - (DBS)
- IFRS9 - (DBS)Positioning for Growth (McKinsey & Co) - (NAB)Implementing EVA (Stern Stewart & Co) - (NAB)
- Defining Risk Appetite (Oliver Wyman & Co) – (NAB)
- Channel management – (NAB)
- Liability management – (NAB)Participated in-organic growth strategies – (NAB)
- Developed & implemented “statistical based provisioning” and subsequent migration to IAS 139
- Board Risk Committee
- Risk Executive Committee
- Group Market and Liquidity Risk Committee
- Group Credit Risk Model Committee
- Group Stress Testing Committee
- Group Capital Committee
Selected projects:
Committee participation:
Publications
- Canadian-American Health Care Comparison: Reflections on the HIAA's Analysis” - Discussion Paper Series, Health Policy Research Unit, HPRU 91:5D, University of British Colombia, Vancouver, Canada, June 1991.
- Canadian-American Health Care Comparison: Reflections on the HIAA's Analysis” - Journal of Health Affairs, Fall 1991, 10:3, pp229-239.
- Treatment Uncertainty and Agency Relationship” - Working Paper 1992.
- An Introduction to the Treasury Macroeconomic (TRYM) Model of the Australian Economy” - TRYM Paper No.1, Treasury Conference on the TRYM model, June 1993.
- Documentation of the Treasury Macroeconomic (TRYM) Model of the Australian Economy” - TRYM Paper No.2, Treasury Conference on the TRYM model, June 1993.
- Saving, Dwelling Investment and the Labour Market: Decisions by Households” - TRYM Paper No.5, Treasury Conference on the TRYM model, June 1993.
- Productivity in the Banking Sector – National Australian Bank's Experience” - The Reserve Bank of Australia Proceedings of a Conference on Productivity and Growth, 1995
- Re-calibrating Credit Risk Models - A theoretical perspective with practical implications”, Journal of Risk Model Validation 2(3), 2008.
- A Simplified Framework to determine risk appetite” - A Practitioner's Perspective” – Working Paper, 2019
- Authored various articles addressing current and emerging issues see: https://blog.aerapass.io/
Timeline
Cheif Finance & Strategy Officer
Aerapass Ltd
12.2022 - Current
Head of Product Development & Snr Product Strategist
Moody's Analytics
06.2019 - 11.2022
Head of Group Portfolio Analytics
DBS Bank
10.2016 - 04.2019
Head of Model Validation
DBS Bank
04.2006 - 10.2016
Master of Arts - Economics
Simon Fraser University
06.1995 - 09.1996
Graduate Diploma Economics - Public Finance
The Australian National University
03.1985 - 12.1985
Bachelor of Economics - Mathematical Economics
The Australian National University
03.1980 - 11.1983