WHO SHOULD ATTEND? 

Vendor Management Program Managers, Chief Risk Officers, Risk Managers/Leaders, Chief Credit Officers, Chief Financial Officers, Compliance Officers, Internal Auditors, IT personnel, and Presidents involved in the risk management process and their ERM program will benefit from this session.

WHAT YOU WILL LEARN 

• How Vendor Management Programs fit within Enterprise Risk Management

• Vendor Management Program Components

• Vendor Management Policy and Procedures

• Vendor Due Diligence

• Example of Vendor Risk Assessment

• Monitoring and Reporting Assessment Results

• Definition of Model Risk and How it Applies to Your Institution

• The OCC SR Letter 11-7 – A Step-by-Step Explanation

• Examples of Model Risk – How it Affects Your Institution

• Example of Model Risk Assessment

• How to Establish Your Own Model Risk Management Program