Enterprise Risk Management
Summary
Audience
Objectives
- Developed a comprehensive knowledge of FFIEC guidelines relative to vendor management
- Learned how to assess which vendors have the most critical need for review as well as who should review them and how often they should be reviewed
- Learned how to develop a checklist of items that need to be monitored
- Gained an understanding of vendor types and how they are categorized
Topics
- The differences between centralized and decentralized programs
- Vendor management tools
- Identifying vendors with the most critical need for review
- Ongoing requirements for vendor reviews
- Reporting and communicating critical events