The New Imperative in Risk Management: Know Your Third Parties (Webinar Recording)

Intense regulatory focus and a variety of changes in the financial services landscape have made third party risk management a top concern for many stakeholders, including the board of directors, executive management, chief procurement officer and chief risk officer. While regulations surrounding third party risk management are will continue to evolve, new guidance and actions from regulatory bodies such as the OCC, FRB, FDIC and CFPB, clearly indicate that expectations are increasing, especially in areas such as program design, key risk factors, metrics and controls.