Improving Your Community Bank's Third-Party Risk Management Program
Between regulatory pressures and the consistently increasingly risky environment, third-party risk management has never been more important. The stakes are high, from costly breaches to enforcement actions, so now is the time to ensure that you have an effective program in place.
Venminder, an ICBA Preferred Service Provider, will walk you through key areas to know within the vendor risk lifecycle (from risk assessments to due diligence to ongoing monitoring), so you can ensure your program is aligned to industry best practices and regulations.
Watch now to learn:
- Regulatory third-party risk management requirements and expectations
- Creating the right vendor risk management program
- Important roles and responsibilities
- Best practices and key mistakes to avoid