Third-party risk management by design

A workshop series sponsored by Galvanize

Registration for the workshop series is now closed

All industries now rely on outsourcing at least some responsibility to third parties to better serve customers, grow revenues, and cut costs. But poorly managed third-party relationships introduce multiple risks that can cause serious financial and reputational damage. That’s why third-party risk management (TPRM) has become a significant regulatory, contractual, and board-level governance mandate.

The key to successful TPRM is a coordinated strategy for governing these relationships that takes into account business strategy, objectives, and performance.

We’ve partnered with GRC 20/20 to offer a series of complimentary, interactive, one-day TPRM workshops. These will give you a blueprint to build an effective, cross-functional strategy for managing third parties in today’s environment of evolving business, regulatory, and risk challenges. You’ll discover third-party governance strategies, architecture models, and processes that can be applied across your organization—at both the enterprise and departmental level.

Plus, you’ll receive 6 CPE credits.

Learning objectives

Through lectures, round-table discussions, and workshop activities, you’ll learn how to:

  • Effectively manage due diligence and third-party risk.
  • Define a TPRM lifecycle and enable ongoing monitoring of third-party vendors.
  • Establish TPRM ownership and accountability.
  • Avoid common challenges and pitfalls when building your TPRM strategy.
  • Map third-party relationships to objectives, risks, controls, issues, and other GRC areas.
  • Provide TPRM process consistency.
  • Monitor metrics to establish effectiveness of your TPRM program.
  • Deliver effective third-party governance and assurance to your board, regulators, and stakeholders.

Agenda

8:00 AM: Breakfast and registration
9:00 AM: Session 1 – Third-party risk management by design: Why TPRM matters
10:30 AM: Morning break and networking
11:00 AM: Session 2 – Third party governance: Blueprint for effective third-party management
12:30 PM: Lunch and learn – Galvanize ThirdPartyBond software demo
1:30 PM: Session 3 – Third-party risk management lifecycle: Managing third parties from onboarding to offboarding
3:00 PM: Afternoon break and networking
3:30 PM: Session 4 – Third-party management architecture: Enabling information and technology management of third-party relationships
5:00 PM: Workshop ends

Workshop Locations

February 10, 2020 - Le Meridien Dallas by the Galleria | Dallas, TX (registration closed)
February 19, 2020 - Andaz 5th Avenue | New York, NY (registration closed)
February 21, 2020 - Grand Hyatt San Francisco | San Francisco, CA (registration closed)