Staying ahead of industry trends and offering innovative solutions to their members/customers, financial institutions are increasingly relying on third-party vendors to offer services, such as technology solutions, payment processing and data management. Mastering third-party risk management is key to safeguarding your organization against the potential vulnerabilities they can bring through the door.

Join Doeren Mayhew's Senior Compliance Consultant Paula Back, as she helps navigate the complex world of third-party risk management. From best practices and actionable strategies, to gaining insight into recently released guidance, walk away feeling confident in your third-party risk management program.

Learning Objectives

• Gain a clear understanding of third-party risk management and what it encompasses.
• Learn more about some of the most common risk factors.
• Discover key components of an effective third-party risk management program, including governance, structure and more.
• Find out what recently released guidance is applicable. 
• Explore real-life examples of enforcement actions in this area.
• Learn about available resources to help ensure third-party compliance.