Mr. Lam founded James
Lam & Associates in April of 2002 to work directly with clients
on risk management issues and opportunities. He has completed
engagements for The World Bank, Salomon Smith Barney, Allied
Capital, First Data, Risk Management Association, Federal Home Loan
Bank of Chicago, and GMAC. Mr. Lam has twenty years of experience
in risk and business management. He has been an early advocate of
enterprise risk management, and is noted as the first ever "chief
risk officer."
In January 1999, Mr. Lam joined Oliver, Wyman & Company as a
partner to establish ERisk, a company that provides integrated
consulting and Internet-based analytical tools to banks and energy
firms. As founder and president of ERisk, Mr. Lam was responsible
for business strategy, marketing and sales, client relationships,
and product development.
Between 1995 and 1998, Mr. Lam served as chief risk officer of
Fidelity Investments, the largest mutual fund company in the world
with $700 billion in assets under management. The Economist, Price
Waterhouse Review, and Risk Magazine have profiled his work at
Fidelity as best practice in case studies. Prior to Fidelity, Mr.
Lam worked as chief risk officer of FGIC Capital Markets Services,
Inc., a GE Capital company.
Mr. Lam is the author of "Enterprise Risk Management" published by
Wiley. Two months after release, the book ranked top-10 best
selling among risk management titles on all major book websites. In
1997, Mr. Lam received the inaugural Financial Risk Manager of the
Year Award from the Global Association of Risk Professionals. He is
a member of the Blue Ribbon Panel of PRMIA, and has worked with the
IIA, RMA, SOA, and other professional associations. Mr. Lam speaks
regularly at conferences, and has appeared on national TV and cable
news programs. He has been published extensively, with over 50
articles and book chapters currently to his credit. Mr. Lam is a
contributing author of numerous books, including "Modern Risk
Management: A History" (with Nobel prize winners Markowitz,
Modigliani, Samuelson, and others) and "Derivatives Handbook" (with
Alan Greenspan, Merton Miller, and others). He has been quoted in
the Wall Street Journal, Financial Times, Risk Magazine, CFO
Magazine, and American Banker.
Mr. Lam graduated
summa cum laude with a BBA from Baruch College (1983),
and has an MBA with honors from UCLA (1989). He was appointed a
senior research fellow at Beijing University in 2004. Mr. Lam has
lectured at Harvard Business School as the subject of a HBS case
study, and has taught graduate-level courses in risk management and
advanced derivatives at Babson College as an adjunct professor of
finance.