Time Required: 120 minutes (approximately)
Availability: Web-based, self-paced
Includes: 4 Chapters, optional quiz at the end of each for self-testing
Upon completion: The registrant receives a 1 yr subscription to the Regulatory Vendor Program Manager Reference Guide and 1 yr of telephone and email support for vendor management and GLBA 501(b) related issues.
Building, implementing and managing a compliant vendor management program is no easy task given the proliferation of regulations, rules and Guidance, many of which overlap. And with increased regulatory scrutiny due to high profile breaches, financial institutions must have a solid understanding of the driving regulatory issues that surround vendor management, the key ideas required to build and implement a successful and compliant program, and the expectations of examiners and auditors. If you are tired of being told to “Read Guidance” then this training program is a must!
Vendor Management: Essentials borrows from our highly acclaimed Certified Regulatory Vendor Program Manager (CRVPM) course and takes a detailed dive into the essential areas that anyone tasked with vendor management must know. Included are the new requirements from FRB and OCC Guidance issued in 2013. The areas of study within this course include:
- Program Components 1: Due Diligence & Risk Rating
- Program Components 2: Contract Review, Periodic Review, Policy
- Exam and Audit Preparation
Who Will Benefit
- Vendor Program Managers
- Vendor Management Committee
- Risk Officers
- Compliance Officers
- CIO, CFO, COO
- Anyone responsible for managing and supporting the Vendor Management Program
About the Presenter:
Mick Kless is the founder and CEO of RISC Associates, a regulatory compliance consultancy and compliance automation tools developer, and Compliance Education Institute, the training and education division of RISC. He is a recognized industry expert on vendor management and the creator of the Certified Regulatory Vendor Program Manager (CRVPM) course taken by bankers across the country. Mick has spent over 30 years in financial services, has focused on GLBA 501(b) issues since 2001 and has specialized in vendor management regulatory issues since 2004. He is a frequent speaker at bank and credit union conferences around the country.