The Vendor Management Umbrella Series Part 1: The Overview
Here's your starting point of our 4-part series that covers the 3 primary components essential to building an exam proof vendor 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. Parts 2-4 break down each component of the umbrella in more detail.
Download the infographic for:
- Defining the parts of the vendor management umbrella
- How does each part fit into the big picture?
- What is the purpose of each component?
- Most importantly, what will your examiner expect to see in each of the three parts?