Vendor Due Diligence & Effective Vendor Management

Compliance Operations

On-Demand Webinar:

StreamedJul 12, 2022Duration90 minutes

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

See Registration Options

If something goes wrong with a third-party relationship, the ripples can affect multiple departments. On top of that, consider how much of your budget is paid directly to vendors.

This webinar will help ensure your institution is getting the most from vendors while also satisfying the increased examination scrutiny.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

Design an effective vendor management process
Reduce the compliance risk associated with critical vendors
Avoid common vendor management landmines
Understand your default options
Create solid staff oversight and quality control

WEBINAR DETAILS

Every time you use a critical vendor you are handing them the keys to your kingdom. What could possibly go wrong? Vendor management continues to be a high priority operational and regulatory issue because every financial institution entrusts some of its most sensitive information, financial resources, and core business processes to third-party vendors. The explosion of virtual operations and remote services has introduced more opportunities, more vendors, and more risks into your processes.

From selecting the best available vendor to identifying and correcting performance issues, this presentation will examine the practical and regulatory requirements for managing third-party relationships and the operational details of creating an effective vendor management program. Join us to gain valuable insight into the best practices of vendor management.

WHO SHOULD ATTEND?

This insightful session will benefit executives, compliance staff, financial personnel, accounting staff, accounts payable staff, department managers, and anyone involved with vendor management.

TAKE-AWAY TOOLKIT

Sample vendor management policy
Sample vendor management checklist
Regulatory guidance
Employee training log
Interactive quiz
PDF of slides and speaker’s contact info for follow-up questions
Attendance certificate provided to self-report CE credits

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your agency is prohibited. Print materials may be copied for eligible participants only.