Director Series: What the Board Needs to Know About Vendor Management

May 11, 2017 11:00am -
May 11, 2017 12:30pm
(GMT-5)

Event Description

Best practices dictate that the board must remain vigilant about hazards posed by outsourcing functions to third parties – or risk significant financial and reputational harm to their financial institution.  This session will provide an overview of the key components of a comprehensive vendor management program and the vital role senior management and the board must play.  You’ll learn what board members need to understand about third-party risk and what should be expected regarding regular reporting and direct oversight.  From risk assessments, to due diligence, to contract management, this webinar will address emerging trends in third-party risk and how they relate to the fundamentals.  In addition, you will learn about regulatory guidance, recent enforcement actions, and new areas of focus that can be third-party related – particularly UDAAP.

HIGHLIGHTS:

  • What board members need to understand about third-party risk
  • Key components of a comprehensive vendor management program
  • Regulatory guidance and recent enforcement actions
  • Board’s role in ensuring compliance
  • New areas of focus that can be third-party related – particularly UDAAP and cyber security
  • Why this topic should remain top-of-mind at every board meeting

TAKE-AWAY TOOLKIT

  • Board-member-specific third-party risk cheat sheet
  • Employee training log 
  • Quiz you can administer to measure staff learning and a separate answer key

Attendance verification for CE credits provided upon request.

WHO SHOULD ATTEND?

This informative session is specifically designed for board members and directors. 

REGISTRATION OPTIONS

If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.


Event Type:Webinar &/or On-Demand Link/CD
Early registration ends on Apr 05, 2017.
Regular registration starts on Apr 06, 2017 and ends on May 11, 2017.
Late registration starts on May 12, 2017.
(GMT-05:00) Eastern Time (US & Canada)

 

Registration Fees
Fee TypeEarlyRegularLate
 Live Webinar
Member Fee: $265.00$265.00$290.00
Non-Member Fee: $400.00$400.00$425.00
 Additional Hookups
Member Fee: $175.00$175.00$175.00
Non-Member Fee: $260.00$260.00$260.00
 Recorded Webinar + Free Digital Download
Member Fee: $345.00$345.00$345.00
Non-Member Fee: $490.00$490.00$490.00
 Both Live Webinar and Recorded Webinar + Free Digital Download
Member Fee: $395.00$395.00$420.00
Non-Member Fee: $600.00$600.00$625.00