Tue Mar 15 CDT (2 months ago)
In your timezone (EDT): Tue Mar 15 1:00am - Tue Mar 15 1:00am
Financial institutions routinely rely on third parties for a range of products, services, and activities – core processing, information technology services, accounting, compliance, human resources, and loan servicing – to name a few.
Competition, advances in technology, and innovation in the financial services industry contribute to institutions’ increasing use of third parties to perform business functions, deliver support services, facilitate providing new products and services, or facilitate providing existing products and services in new ways. As such, a strong framework that incorporates and promotes sound risk management principles and compliance with all applicable laws and regulations is essential.
During this two-hour webinar, we will cover:
• Third-Party relationship types, levels of risk and life cycle
• Interagency Third-Party Risk Management: Where are we
• TPRM Framework
• Third-party compliance requirements and expectations