Evaluating a credit union’s Vendor Management Program continues to be a priority during audits and examinations to ensure best practices are in place to monitor third party risk. However, many financial institutions today fall short in implementing a comprehensive compliance program to manage third parties beyond the vendor onboarding process. Vendor risk assessments and due diligence monitoring reviews should be performed during every phase of the vendor’s lifecycle.
Buckley Technology Group (BTG) is offering a complimentary on-demand webinar introducing the vendor lifecycle and associated due diligence best practices that can be incorporated into your organization's Vendor Management Program. The presentation provides an overview on how financial institutions can manage risk for prospective vendors, new vendors, existing vendors, and terminated vendors.
For complimentary access to BTG’s on-demand webinar titled: “Vendor Management: Lifecycle Stages & Due Diligence”, please contact Elisabeth Esposito, Vice President of Professional Services at firstname.lastname@example.org.