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Event Date | Mon Apr 6 EDT (over 4 years ago) |
Location | 1801 Market St, Philadelphia, PA, USA |
Region | Americas |
Third-party relationships are an increasingly critical component of the operational risk management framework for organizations of all sizes. Amid mounting pressure from regulators, firms are challenged to find the right balance between value-for-money and regulatory compliance, while ensuring their program identifies and mitigates third-party risks. An essential part of the extended enterprise, third parties expose your organization to a myriad of risks including financial, cyber, privacy, business resilience, and technology risk.
Learn how to identify, assess, manage, and control third-party risk starting with risk identification and due diligence, continuing through contracting and risk monitoring, then concluding with termination. Master the essential elements and controls that your firm should implement to mitigate and manage risk.
Topics covered include:
• Highlights from the Industry (key points from the RMA surveys)
• Lifecycle Management: Target Operating Model
• Governance Framework
• Workload Management
• Identifying and Assessing Exposure to Third-Party Risk
• Risk Controls
• Management and Monitoring
Who Will Benefit?
Anyone involved in third-party selection, risk identification, due diligence, risk/relationship management, key risk domains (e.g.: ops/enterprise risk, business continuity, technology, cyber/info sec) will benefit from this forum. In addition, this forum is informative for compliance, legal, audit, and senior management.
What You Will Learn
• How to build a flexible, risk-adjusted lifecycle management framework
• The fundamentals of sound governance and oversight
• Which risk domains are essential, how to streamline due diligence, and ensure third parties meet your control standards and enable compliance
• Align your enterprise, operational, and third-party risk frameworks
• Optimize organizational design, defining roles and responsibilities
• Differentiate between management and monitoring, and learn how and why
• Workload management tips
• Hear what your peers are doing to identify and mitigate third-party risk
2020 Speaker
Jai Chinnakonda
Co-Founder & CEO, ENGAIZ
2020 Sponsor
• Engaiz