Course Bundles

Course Objectives

• Identify the regulatory landscape and key terminology used in third-party risk management (TPRM)
• Define and explain key concepts of third-party risk management (TPRM)
• Differentiate between the stages of the TPRM lifecycle and learn about the critical functions that TPRM analysts play at every stage.
• Learn techniques for assessing the risk associated with different types of third parties.
• Provide guidance on conducting thorough due diligence during the on-boarding process and learn how to develop questionnaires.
• Provide insights into key contract clauses related to security, privacy, and compliance.
• Learn techniques for performing ongoing monitoring of third-party performance and risk exposure.
• Provide guidance on reporting key risk indicators and risk management activities.
• Create a business continuity, termination strategy and exit pla for material outsourcing relationships.
• Identify and define the essential Key Performance Indicators (KPIs) and metrics relevant to TRM.
• Learn how to create a due diligence questionnaire and provide guidance for completing the questionnaire during the on-boarding process.