Reducing Risk in Third Party Relationships in the Financial Industry

OVERVIEW Financial institutions (FI) often outsource banking functions to qualified third party service providers and software vendors. A third party relationship is any business arrangement between a bank and another entity, by contract or otherwise. This webinar provides assistance to FIs for assessing and managing risks associated with third party relationships.

WHY SHOULD YOU ATTEND

This Webinar will prepare your organization to incorporate the best practices that should drive the use of third-parties. Our audience will walk away with ideas on reducing risk in third-party relationships. An FI should adopt risk management processes commensurate with the level of risk and complexity of its third party relationships and should assure that comprehensive risk management and oversight of third party relationships involving critical activities reduce risk based on best practices.

AREAS COVERED

What’s a Third Party?
Third Party Risk Management Life Cycle
Plans that outline the FI’s strategy
Identify the inherent risks of the activity
Detail how the bank selects, assesses
Oversees the third party.

LEARNING OBJECTIVES

Become familiar with the framework that supports the use of third parties in the enterprise.

WHO WILL BENEFIT

This webinar will provide valuable guidance to all personnel in:

Executive positions
Compliance Management
Risk Management
Vendor management
Software development
Business managers that employ third party providers

For more detail please click on this below link:
https://bit.ly/2GEh4ck

Email: [email protected]
Toll Free: +1-888-300-8494
Tel: +1-720-996-1616
Fax: +1-888-909-1882

Read More

View Less