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Event Profile

Seminar: Vendor Management Seminar (SM5842120)

August 12 — 13, 2020
Virtual Event
Virtual Event  

ATTENTION: This event will be held via live-streaming. We will not be holding this as a live, in-person event at this time due to the rapidly evolving COVID-19 situation.

Community banks may outsource a service, but they cannot outsource the responsibility. In a financial environment wrought with strong enforcement actions, rising regulatory expectations, and massive data breaches, community banks must understand and manage a secure network of relationships to ensure customer data, bank transactions, business activity, and shareholders are protected. Relationships with third-party vendors are commonplace and many provide a strategic advantage; however, the rewards aren’t without risk to financial institutions. Intense regulatory scrutiny and variations in third-party service application are challenging the risk management practices utilized by today’s community banks.

This seminar will assist community banks in navigating the critical considerations needed to effectively implement a sound vendor management program. Whether you are a seasoned risk management professional or new to your role, this program will highlight key efforts needed by all community banks to ensure prudent risk management, while also achieving bottom-line results.

Participants will examine the vendor management lifecycle and discuss:

  • Effective strategies for vendor selection
  • Evaluating risk associated with service providers
  • Guidelines for structuring your vendor agreements
  • Methods for monitoring and measuring success of your third-party vendors

Throughout the seminar, practical advice and guidance will be shared including:

  • How to remove the guesswork related to employee responsibility and vendor management
  • Key compliance considerations to monitor service provider relationships
  • New policy, procedures, and retention strategies

Program Level: Intermediate
Prerequisites: No previous experience and training necessary.
Field of Study: Specialized Knowledge

12 CPE Credits

Schedule:   (All times noted are Central Time)
Day One: 9:00 am to 4:30 pm
Day Two: 9:00 am to 12:00 pm


Fee:  (Registration fee is valid for one connection, only for the individual registered.)
ICBA Member: (prior to July 10) $595 / (after July 10) $695
Nonmember: $795
Nonbanker: $1,195
Bank Director Program Participants: $495

For more information, call 800-422-7285.

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Registration, attendance or participation in an ICBA event constitutes an agreement by the participant to ICBA’s use and distribution (both now and in the future) of the participant’s image and/or voice in photographs, videos, digital media, electronic reproductions and audio files/recordings of and at such events and activities.


Ms. Barbie Housewright

Sessions information is not available at this time.

Track information is not available at this time.

Sponsor information is not available at this time.