1. 1 Opportunities for Actuarial Majors in Banking & Finance Vincent Hua Westpac Banking Corporation

2. 2 Education 1990 - 92:B E c (Actuarial & Finance) 1993:M E c (Actuarial) 1994:Started a PhD 1994 - 95:SIA 1996 - 97:FIAA

3. 3 Employment 1990-92: Programmer, FinancialWare (Vacation job) 1993-94: Research Assistant, Macquarie University 1994-95: Treasury Analyst, RABO Bank 1995-96: Portfolio Manager, Westpac 1996-97: Senior Manager of Balance Sheet Management, Group Treasury, Westpac 1997-: Head of Asset and Liability Management, Group Treasury, Westpac

4. 4 Current Responsibilities Four main areas of responsibilities: Risk Analysis / Reporting Balance Sheet Risk Management Advisory Management Science Dual reporting line to the Group Treasurer and the Deputy Chief Financial Officer

5. 5 People in ALM The team has 20 people with the following profile : All have undergraduate degrees. 12 have post graduate qualifications. Background includes Accounting, Finance, Mathematics, Economics, Actuarial, Statistics, Information Technology and Econometrics. Usually referred to as “The Centre of Excellence” in the Bank.

6. 6 Other Areas in the Bank Credit Structured Finance Strategy Risk Management Product Development Funding Management Life, General and Superannuation