be held via live-streaming. We will not be holding this as a live,
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
- 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
- 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
Bank Director Program Participants: $495
For more information, call 800-422-7285.
Print Registration Form
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