Managing Third Party Risks

Instructor: Daniel Clark
Product ID: 706151
  • Duration: 60 Min
All businesses outsource certain functions and or processes. It is efficient and usually good for business. However, not all businesses fully understand the risks associated with the use of third-party service providers. Business management cannot be content to just hire a third party. They must understand the risks associated with that relationship. This webinar introduces you to third party risk and controls and provides tips on how to best manage those risks.
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Why Should You Attend:

You will learn to create and establish methodologies for selecting, managing and terminating third parties. Management principles include oversight, monitoring, and quality control processes that provide management with high degrees of comfort that third-party risks are being managed as expected.

Areas Covered in the Webinar:

This webinar discusses how to select third parties, understand the direct and indirect risk, tools to protect your reputation, create controls and implement management practices that will facilitate understanding and enterprise-wide attention to this emerging risk area.

Learning objectives:

  • Identify and classify or rate Third Parties
  • Creation of monitoring tools to ensure quality performance
  • Confirm control design and implementation of the third-party management process
  • Share best practices already in place
  • Provide insight to regulatory concerns

Who Will Benefit:

  • Risk Managers
  • Auditors
  • Directors of Internal Audit
  • Enterprise Risk Managers and Staff
  • Quality control staff
  • Compliance Officers
  • Operations Leaders
  • Operational Risk Leaders
  • Business Executives
Instructor Profile:
Daniel Clark

Daniel Clark
SVP General Auditor, Washington Trust Bank

Daniel Clark has over 25 years of experience in risk management and auditing. He has served in many senior auditing/risk roles culminating as chief auditor for midsize and large regional and global financial organizations. Mr. Clark has in-depth knowledge on how to integrate diverse processes into a seamless risk based audit approach that keeps audit on the cutting edge of development and value impact. His insights into the audit and risk world translate into meaningful guidance through a communication style that is fun, animated, and very participative. Mr. Clark has trained auditors and other business leaders for over five years

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Refund Policy

Registrants may cancel up to two working days prior to the course start date and will receive a letter of credit to be used towards a future course up to one year from date of issuance. ComplianceOnline would process/provide refund if the Live Webinar has been cancelled. The attendee could choose between the recorded version of the webinar or refund for any cancelled webinar. Refunds will not be given to participants who do not show up for the webinar. On-Demand Recordings can be requested in exchange.

Webinar may be cancelled due to lack of enrolment or unavoidable factors. Registrants will be notified 24hours in advance if a cancellation occurs. Substitutions can happen any time.

If you have any concern about the content of the webinar and not satisfied please contact us at below email or by call mentioning your feedback for resolution of the matter.

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