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Vendor & Third-Party Risk – Expectations of the Board and How to Develop Your Third Party Program Maturity to Support Oversight

Regulators expect good governance and oversight of third-party risk from the Board. Yet, third-party risk management is a relatively new discipline and companies are at radically different stages of maturity depending on their industry, size, and culture. From a discipline that had largely evolved from siloed and ad-hoc processes, there’s a growing recognition that a more joined-up, standardized and enterprise-wide view of risk is required. This webinar will look at best practices processes and tools from both a ground up and top down approach to third-party risk management.

It will cover:

  • Third party risk maturity model
  • Governance structures
  • Board accountability
  • Escalation protocols
  • Executive level, management level, and operational level responsibilities
  • Reporting and interaction of the board and senior level committees
  • How (the right) technology can support maturation and better governance, and support the oversight requirements of the board.

Speakers

Jeannie M Pumphrey Aravo - Anna Mazzone
Jeannie M Pumphrey
Partner, Specializing in Third-Party Risk Management, Strategic Sourcing
and Supply Management
Venetia Partners
Anna Mazzone
Managing Director, International. Global Head of Financial Services
Aravo Solutions

For more information about how Aravo can help improve your Third Party Risk Management programs, please contact us.

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