Patrick McConnell

B.Sc., M.Sc., D.Ba, Dip. (Mgmt. Cons.), C.Eng., CITP, FBCS, GAICD


Patrick McConnell

Patrick is an experienced executive, consultant, business adviser and educator. In his career of over 30 years he has been employed at senior levels by, and consulted to, major banking and insurance companies in US, Europe and Australia, including: Bankers Trust, Barclays, JP Morgan, Lehman, ABN Amro, Sydney Futures Exchange, Commonwealth Bank, Westpac, Colonial Bank, Credit Suisse, Commerzbank and others.  He has also consulted on risk management to the Australian government and to commercial companies, such as BP and Optus.

Patrick’s expertise includes international banking regulation having assisted firms in complying with Basel I, Basel II and local regulations in Australia and Europe.  His particular focus is on the practical implementation of Risk Governance, covering complex issues such as aligning corporate strategy with risk appetite, governance organization, risk culture, risk frameworks and resolution of conflicts of interest.

Patrick is also an expert on the strategic use of Information Technology having operated at the level of Chief Information Officer and Chief Architect for major IT programs.  His current focus is on identifying the risks to the achievement of corporate strategies posed by inadequate IT risk management processes. He is a Chartered Engineer and Fellow of the British Computer Society.

Patrick is a Visiting Fellow at Macquarie University Applied Finance Centre, Sydney and Trinity College Dublin, teaching Masters level course in Strategic Risk, Enterprise Risk Management, Operational Risk and Market Risk.  He has published many articles on both Risk Management and Information Technology in academic and practitioner journals and is the author of the definitive book on Digital Dealing Room Technology. His doctoral thesis researched the organization of risk management functions in international banks. Patrick is also an expert on process improvement and is a certified Six Sigma Black Belt.