2021 Vendor Management

2021 Vendor Management

Proper vendor due diligence goes beyond just meeting regulatory expectations, it is where performance management and risk management meet. Vendor relationships can support customer growth and service – helping community banks achieve more than they ever could alone. But community bankers must also maintain a robust due diligence program to monitor for the risks that accompany any third-party relationship.

What You'll Learn:

  • Legal overview of the third-party due diligence process;
  • Tips for effective contract negotiations;
  • An update on regulator expectations for ongoing vendor management;
  • Disaster recovery and business continuity planning;  

What You'll Get:

  • Take-away toolkit with resources to take back to your bank.
  • Vendor Due Diligence Questionnaire
  • Third-Party Contract Review Checklist
  • Fillable log for Documentation of Vendor Relationships

Instructions to find your course after you have registered can be accessed here
Not specified - 12/31/2021
IBAT Knowledge Bank

Sign In