Podcasts

The first line of vendor risk management defense has direct interaction on a day-to-day basis with your third party. Listen to our podcast for 7 best practices for properly engaging the first line of defense.

Fourth party risk and liability is often overlooked because there isn't direct relationship with the fourth party vendor. Listen now for the 3 oversight steps to take regarding your fourth party vendors.

There are three vendor risk management frameworks to consider: centralized, decentralized and a hybrid approach. We'll teach you the differences and guide you toward the best framework for you.

Various components of vendor risk feed in to your ERM strategy and considerations. Learn steps and tips on how to properly integrate Third Party Risk Management in your Enterprise Risk Management Program.

Enterprise Risk Management (ERM) and Third Party Risk Management (TPRM) are are often used interchangeably, but they are two different functions. ERM is more high level, while TPRM is a smaller subset. Listen to learn more.

Recommendations from a seasoned third party risk expert for how to determine how many staff members to have on your vendor management team. Follow our three tips in this podcast.

Tips for fostering a third party risk mindset within your organization - how to create awareness, important members of your company to involve & who the third party risk responsibility lies within every organization.

What makes a third party risk management plan successful? Listen to learn 9 best practices and key components of a well-managed third party risk management plan for you to implement now.

Join us as we close out 2017 with this thank you vendor management podcast. And, see what our top 10 most popular videos and podcasts were from our Third Party Thursday series for this year.

Learn the key takeaways from important third party risk regulatory guidance released by the OCC, FDIC and FFIEC from our compliance expert. 

Learn how to get ahead of the game education wise in third party risk management with these 10 best practices. Staying up to date is a great idea for everyone involved in vendor management. 

An ounce of prevention is worth a pound of cure! Perhaps there is no better example than in the world of third party risk management. Here are three ways you can be proactive to prevent problems. 

Let's say you find out one of your third parties is named in an enforcement action, even if it is unrelated to your institution, what do you do? Listen to learn the six necessary steps to take.

Learn 7 key things you should do with every new vendor. These steps are essential to the vendor vetting process and determining how much you know about the company with whom are you planning to do business.

We cover the key questions you need to ask yourself to determine if your vendors are critical. Then, we dive deeper and talk about what you should review on your critical risk vendors.

We’re going to talk through the 10 main steps you need to take to create your proper vendor list for your third party risk management program at your institution. Let's get started.

It’s easy to get so deep in the weeds of your vendor management program that you make some pretty basic errors. Sometimes you need to take a step back and evaluate. Here are some of the ones that we see most often.

We often get asked, "Is there a difference between an ERM and VM?" The answer is “YES” – they are different, but there are some areas of overlap as well. Learn about what some of the differences are.

Third party risk management must flow in a lifecycle. We'll discuss how it's a constant evolutionary process rather than an annual static event - a core aspect that you should incorporate into your program.

We'll discuss fundamental best practices of third party risk management that you need to implement such as education, tailored ongoing monitoring, outsourcing and not cutting corners.

You have to do a lot for your third party risk management now... but why? We'll go through a few reasons for the increased third party risk management regulation and concern. 

It should cite relevant regulations and guidance; it should describe its relationship to other parts of your compliance program and establish its importance as a foundational document for your institution.

A policy is the first main foundational third party risk management document you should have on file. Learn about key aspects in writing a proper third party policy for your financial institution.

You must define specifically who will be a part of your third party risk management program and also, equally important, who is out. 

So, what can you do right now in preparation for next year? There’s actually quite a lot, depending on the maturity of your third party program. Watch this video to learn what you can do now to prepare for 2017.

With all the vendor management industry changes and guidance updates, it's easy to get overwhelmed. In this video, we will talk about basic vendor management best practices to implement.

Regulatory guidance sets out fundamental expectations. It’s important for the day to day management and exam standpoint that these pillars are in place and functioning in your institution. Learn more about these pillars.