James is currently President of James Lam & Associates, a risk management consulting firm he founded
in January 2002. He works with corporate directors and executives across all industry sectors, including
global banks, asset management firms, energy firms, multi-national corporations, regulatory agencies,
and non-profits. In a Euromoney survey, James was nominated by clients and peers as one of the world’s
leading risk consultants. He previously served as Founder and President of ERisk, a start-up that
provided consulting and software solutions to banks, insurance companies, and energy firms. James also
served as Partner of Oliver Wyman, where he founded and led the enterprise risk solutions practice.
From a management perspective, James served as the first Chief Risk Officer of Fidelity Investments. He
chaired the Global Risk Oversight Committee, which provided corporate oversight of Fidelity’s 40
institutional and retail businesses globally. Fidelity’s overall loss/revenue ratio declined 30% in three
years, and its ERM program was featured as a best-practice case study in The Economist, Risk
Magazine, and Price Waterhouse Review. He was Chief Risk Officer of GE Capital Markets Services,
where he managed all middle and back office functions, including business strategy, risk management,
finance, IT, and operations.
James is the author of Enterprise Risk Management: From Incentives to Controls (Wiley, 2014), which
has ranked #1 best-selling among 25,000 risk management titles on Amazon.com. The book has been
translated into Chinese, Indonesian, Japanese, and Korean. James is a member of the COSO ERM
Advisory Board that has been commissioned to update and improve the COSO ERM Framework. In
1997, James received the inaugural Risk Manager of the Year Award from the Global Association of Risk
Professionals. For three years (2005, 2006, and 2008), Treasury & Risk Management magazine named
him one of the “100 Most Influential People in Finance.”
James graduated summa cum laude with a B.B.A. from Baruch College in 1983 and received an M.B.A.
with honors from UCLA in 1989. He was appointed Senior Research Fellow at Peking University and has
taught MBA classes at Babson College and the Hult International Business School. He has guest lectured
at Harvard Business School as the subject of a HBS case study. He has also completed executive
management and corporate director programs at the Harvard and Stanford business schools.
James lives in Wellesley, Massachusetts with his wife and they have three sons. He enjoys golf, tai chi,