There are three vendor management models that we typically see: centralized, decentralized and a hybrid approach. These allow the vendor risk manager to set standards while allowing for communication through the relationship manager and on to the vendor.
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There are three vendor management models that we typically see: centralized, decentralized and a hybrid approach. These allow the vendor risk manager to set standards while allowing for communication through the relationship manager and on to the vendor.
Board Oversight in Third-Party Risk Management and Regulatory Exams
Third-Party Risk Education
5 minutes 3 seconds
2 years ago
Board Oversight in Third-Party Risk Management and Regulatory Exams
Regulatory examiners have distinct expectations when it comes to the boards involvement in third-party risk management. Listen to learn the board's place in regulatory exams, and how you can lend a helping hand.
Third-Party Risk Education
There are three vendor management models that we typically see: centralized, decentralized and a hybrid approach. These allow the vendor risk manager to set standards while allowing for communication through the relationship manager and on to the vendor.
