Jaishree Lam

Conducted risk-based assurance activities across financial, operational, IT, and compliance domains, evaluating key risks and control effectiveness.

Identified emerging risks related to grant funding, contracting, and cybersecurity for incorporation into assurance planning.

Executed audits for grant funding and contracts, uncovering overpayments, non-compliance issues, and control weaknesses.

Utilized data analytics and mining techniques to guide audit priorities and identify anomalies.

Delivered actionable insights to

management, emphasizing risk significance, potential impact, and necessary remediation.

Key Impact:

· Strengthened governance and accountability through grant and contract compliance oversight

· identified control gaps and overpayments

· Delivered advisory insights that supported process improvements and risk mitigation.

· Enhanced audit efficiency through analytics-driven, risk-focused assurance.

• · Led integrated audits across strategic, operational, financial, IT, cyber, and regulatory risk categories, including procurement, revenue processes, asset management, safety, and operational performance.
• · Developed and maintained annual, risk-based internal audit plan aligned with corporate strategy, regulatory requirements, and enterprise risk priorities.
• · Championed audit transformation initiatives, resulting in modernized audit methodology and enhanced reporting accuracy.
• · Partnered with executive management, board, and audit committee to communicate enterprise risks and audit results, facilitating informed decision-making on remediation progress.
• · Leveraged data analytics (Oracle E-Business Suite) to analyze risk trends, inform audit focus, and support continuous monitoring.
• · Led, coached and mentored 25+ member audit team on interviewing techniques, walkthrough, testing approaches, and use of professional judgment.
• · Managed audit issue tracking and remediation follow-up, ensuring timely closure and accountability through systematic reporting.
• · Managed the Division’s financial resources, ensuring efficient use of audit resources.

• · Led a mature internal audit function within a highly regulated financial institution, delivering integrated, risk-based audits across operations, finance, IT, AML/CFT, and regulatory compliance.
• · Developed annual audit plans that aligned internal audit activities with enterprise risk assessments and Bank’s strategic objectives.
• · Managed co-sourced and outsourced audit engagements, ensuring alignment with regulatory expectations and internal audit standards.
• · Reported audit findings and risk impacts to Senior Management and Audit Committee, offering practical recommendations and ensuring continuous monitoring of risk mitigation efforts.
• · Conducted risk assessments and business process reviews to identify control weaknesses, efficiency opportunities, and emerging risks.
• · Led fraud investigations and strengthened whistleblower and fraud risk management frameworks to enhance organizational integrity.
• · Recruited, coached, and developed a diverse audit team of 10 professionals.
• · Conducted annual reviews for subsidiary Merchant Bank's investment portfolio and financial statements, and recommended risk mitigation strategies.
• Key Achievements:
• · Delivered comprehensive audit coverage across core business operations and regulatory risk areas.
• · Implemented audit workflow and reporting tools (PENTANA) and data analytics (IDEA) to enhance audit efficiency and insight.