Third-Party Risk Management Roundtable 2022 | Risk Management Association (RMA) | 2 November 2022 | Fifth Third Bank & ATM, 38 Fountain Sq Plz, Cincinnati, OH 45202, USA

Increasing dependence on third-party relationships exposes financial institutions to new and serious risk and compliance issues, so minimizing exposure to financial, legal, regulatory, operational, and reputational risk is more critical than ever.

Financial institutions need to keep in mind that by hiring third parties, they do not outsource the risk. It is important to have proper due diligence and oversight processes in place as third parties are subject to the same cyber and many other risks banks face. Since 2014, RMA hosts peer-sharing sessions to help SMEs find ways to mitigate risks associated with third-party risk management.

This peer-sharing event is designed for the financial services Chief Procurement Officers (CPOs) and third-party risk management directors. It provides an opportunity to share best practices, technologies, challenges, and solutions for vendors and non-vendors.

What is on the agenda:
We’re actively building the agenda with a steering group (peer banks) and registered participants. However, topics will likely include:
• Current Observations and Trends
• Evolving Practices and Challenges
• Solutions for Workload Management
• Assessments and Oversights of Fourth and Nth Parties
• Emerging Risks (e.g., cyber, climate, cloud, resiliency)
• Recent Regulatory Focus

Who will benefit::
The target financial institution is above $40 billion in assets. We recommend attendees to be Heads, Directors, or equivalent managers of Third-Party Risk Management teams and their delegates. We recommend no more than two registered participants per institution attend.

This is generally an RMA member-specific event. Other financial sizes, titles/positions, or professional RMA members can be considered by RMA approval only.