Building Strategic and Effective Risk Assessments

In this episode of the Great Women and Compliance Podcast, co-hosts Hemma Lomax and Lisa Fine discuss the breadth and depth of effective risk assessments with guests Jisha Dymond and Lisa Beth Lentini Walker. Jisha and Lisa Beth have both worked in highly regulated and high-profile industries. Jisha most recently served as Chief Ethics & Compliance Officer at OneTrust, and Lisa Beth is currently the Deputy General Counsel, Corporate Legal, and Assistant Secretary at Marqeta, as well as the CEO and Founder of Lumen Worldwide Endeavors. They discuss various aspects of assessing risk and how to align the needs best for your compliance risk assessments with other functions to develop strategic and holistic approaches that influence organizational direction. The discussion touches on the importance of cross-functional collaboration, effective use of data and AI, and practical steps for implementing comprehensive risk management processes. Key highlights include: Holistic vs. Compliance Risk Assessments Engaging Key Stakeholders Building Trust and Cross-functional Collaboration Data-Driven Risk Assessments The Role of AI in Risk Management