The Third-Party Risk Management Lifecycle: Managing Vendor Risk From Start to Finish

The third-party/vendor risk management lifecycle is the foundation for effective third-party risk management programs across industries and organizations of all sizes. After all, third-party risk management is a complex ecosystem of interrelated requirements and processes. There’s a lot to do and manage within a single vendor relationship, but the order in which these activities occur is also extremely important.

The lifecycle serves as the perfect roadmap and guide for executing the required risk identification and management activities in the right sequence and at the appropriate time within each stage of the vendor relationship. 

Watch this webinar to learn about the third-party/vendor risk management lifecycle. We’ll cover the basics of each lifecycle stage: onboarding, ongoing, and offboarding. We’ll also provide details about the risk identification and management steps in each stage. Learn how your organization can standardize and optimize your vendor risk management processes and improve risk outcomes and regulatory compliance by using the lifecycle as the foundation for your framework. 

Watch now to learn: 

• The stages and steps of the third-party/vendor risk lifecycle
• Unique risks and risk management activities within each stage
• How to simplify the process for your stakeholders
• Key takeaways