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The Vendor Management Umbrella Infographic Series

Download the 4 parts

bank_credit_union_vendor_management__Umbrella_part1-image.pngThis 4-part series covers the 3 primary components essential to building an exam proof  vendor risk management operation at your financial institution. Those 3 components are: Policy, Program & Procedures.

Part 1 of the series begins with a high level review of the vendor management umbrella and a brief description of the 3 components described above. The following parts break each component of the umbrella down in more detail.

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Think of vendor management as an umbrella.  An umbrella has three important elements too. The canopy, the rod and the handle. Each plays an important role in ensuring you are covered during a downpour.