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What the Board Needs to Know About Vendor Management

Registration Options & Pricing

Please select your membership status.


Recorded Webinar Includes

  • Recording of the Live Webinar
  • Available 6 business days following Live date
  • Available for 6 months following Live
  • Handout and Take-Away Toolkit
  • Available on Desktop, Mobile & Tablet
  • Free Digital Download, yours to keep
  • Share link with anyone at your bank
  • Presenter’s contact info for follow-up
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Best practices dictate that the board must remain vigilant about hazards posed by outsourcing functions to third parties – or risk significant financial and reputational harm to their financial institution. This session will provide an overview of the key components of a comprehensive vendor management program and the vital role senior management and the board must play. You’ll learn what board members need to understand about third-party risk and what should be expected regarding regular reporting and direct oversight. From risk assessments, to due diligence, to contract management, this webinar will address emerging trends in third-party risk and how they relate to the fundamentals. In addition, you will learn about regulatory guidance, recent enforcement actions, and new areas of focus that can be third-party related – particularly UDAAP.

Recorded Thursday, May 11, 2017

Continuing Education: Attendance verification for CE credits upon request

HIGHLIGHTS

  • What board members need to understand about third-party risk
  • Key components of a comprehensive vendor management program
  • Regulatory guidance and recent enforcement actions
  • Board’s role in ensuring compliance
  • New areas of focus that can be third-party related – particularly UDAAP and cyber security
  • Why this topic should remain top-of-mind at every board meeting

  • TAKE-AWAY TOOLKIT
    • Board-member-specific third-party risk cheat sheet
    • Employee training log
    • Quiz you can administer to measure staff learning and a separate answer key

WHO SHOULD ATTEND?

This informative session is specifically designed for board members and directors.

PLEASE NOTE: Program content is subject to copyright and intended for your individual financial institution’s use only.

MEET THE PRESENTER

Venminder
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