Vendor Outsourcing: Due Diligence, Contracts, Risks & Oversight
- Unlimited & shareable access starting two business days after live stream
- Available on desktop, mobile & tablet devices 24/7
- Take-away toolkit
- Ability to download webinar video
- Presenter's contact info for questions
Vendor risk management is not only required by the regulators – it has the added advantage of protecting your institution and accountholders when the correct practices are implemented. It identifies the risk posed when outsourcing a product or service and the necessary, reasonable measures to quantify and reduce that risk. This important session will teach you to identify, manage, and mitigate outsourcing risk through due diligence, contract management, risk assessments, and oversight management.
Continuing Education: Attendance verification for CE credits upon request
HIGHLIGHTS
- What third-party risk management means today
- Determining who your vendors are and how to apply a risk rating
- Defining due diligence requirements
- Contract management: structuring and negotiation best practices
- Importance of proper oversight management and ongoing monitoring (often the forgotten pillar)
- TAKE-AWAY TOOLKIT
- Infographic: Vendor+Product+Risk=Documentation
- Employee training log
- Quiz you can administer to measure staff learning and a separate answer key
WHO SHOULD ATTEND?
This informative session will benefit compliance officers, compliance staff, internal auditors, risk management personnel, chief operating officers, chief risk officers, and those involved with third-party risk management.
Presented By
