Aaron Underdown (Minstd) Email & Phone Number

Auckland, NZ

Auckland, New Zealand

New Zealand

Papua New Guinea

Responsible for developing a 3LOD for risk based Credit Inspection (CI) for retail businesses, corporate businesses, asset finance businesses and overseas geographies (Fiji, Samoa, Tonga, Vanuatu, Solomon Islands, Cook Island, Laos, Cambodia).Responsible for providing assurance to Executive Management and Board Risk Committee with an independent assessment.

New Zealand

Responsible for and managed the Asset Management Property, Asset Management Business, and Asset Management Rural functions.Implemented strategies for management of non- core property assets as directed by the DCRO/CRO/CEO.Responsible for the portfolio of Asset Management accounts to minimise arrears and subsequent write-off of losses through workout.

Papua New Guinea

Responsible for 1B balance sheet and provide sustainable growth opportunities for NDB and establishing / promoting risk appetite across NDB group.200+ FTE, including all bank operations (Accounting & Finance, Branch network, Lending, Risk & Compliance, Legal, HR, Properties, Security, Marketing).Responsible for NDBs annual operating plan including all.

Papua New Guinea

Reporting to the Managing Director of NDB with secondary reporting line to NDB Board.- Responsible for annual compliance plans and groups operational and credit risk framework.- Provide assurance to executive management on all risks & compliance matters.- Provide independent oversight on credit submissions ensuring proposals comply within group credit.

Auckland, New Zealand

• Provide assurance over Operational and Compliance risk activities across the Branch Network, Business Banking, Private Banking (Specialist SME), Contact Centre & Wealth
• Key Risk Owner across all segments for ANZ’s Home Loan Fraud.
• Monitored & tested controls and key risk indicators for Private Bank.
• Embedded a strong risk culture and awareness of the Operational Risk Management and Measurement Framework by implementing & operationalizing frameworks such as, Consequence Management & Monitoring Framework.
• Responsible for providing robust risk input into various incidents and complaints management and provided treatment plans where necessary.
• Evidenced compliance requirements for annual risk attestations for continuation of DIMS license by the FMA regulator.

• Development of Credit Policy.
• Assisting in the alignment of credit policy and process to satisfy the New Zealand Business Unit and Group Risk requirements.
• Providing advice and support on Credit Policy to change initiatives and Commercial staff
• Maintaining asset quality whilst supporting growth targets with development of business writing strategy.
• Monitoring credit exposures for external reporting (for example, to rating agencies, APRA and the Reserve Bank).
• Regular monitoring and monthly reporting on the Commercial credit portfolio.

• Maintained independent oversight as to integrity of the credit management process and responsible for UDC’s asset quality as set by the CEO/ UDC Board
• Responsible for all credit risk matters including approval oversight for productive & distressed customers (With revenues ranging from $500K to $200M)
• Formulated & maintained Retail / Wholesale Credit Policy
• Responsible for credit oversight in the development & implementation of scorecards & Basel accreditation
• Provide guidance to Credit & Line counterparts on how to structure transactions and to suggest alternative ways to make proposals acceptable credits.
• Guide Asset Management staff on appropriate strategies relating to delinquent or impaired accounts.

Bachelor Of Commerce (B.Com.), Economics & Commercial Law

Nzce, Mechanical Engineering

Financial Essentials

Accounting Fundamentals / External Financial Reporting / Solvency Requirements / Financial Analysis / Building Business Value

Governace Essentials

Governance & Law/Roles of Governance/Purpose & Strategy/Culture/Holding to Account/Effective Compliance

Health And Safety Governance

Health wellbeing & safety governance/Legislation/Duties & Due Diligence/Liabilities & Penalties/Establishing & Monitoring best practise

Audit & Risk Committee

Establishing an audit and risk committee/Roles, responsibilities and leading practices/Risk management policies/Risk appetite/Current &.