ICBA - Industry Resources - Payments Resource Center

Audio: Top Five Contract Traps and How to Avoid Them (WAV)

Recorded: July 17, 2013

Length: 60 Minutes

Reliance on third-party vendors for services has become more common throughout the financial services industry. In this session, Linda will identify key clauses that should always be included in a vendor contract, and more importantly, why they are an absolute necessity. You will learn how to identify often-overlooked contract terms and conditions that can create future risks and how to mitigate these risks. This session will emphasize how to effectively negotiate and work with vendors to reduce future risks to your institution.

Presenter: Linda Mackey Krygier has over 30 years of experience in the banking industry. Her background includes branch operations, lending, risk management, regulatory compliance, policy and procedure analysis, strategic planning, business process engineering, and project and program management. She provides a wide array of services to financial institution clients, including but not limited to: business process improvement and cost reduction analysis, business process automation and technology optimization, and system selection and systems implementation consulting.

Prior to joining McGladrey, Linda was a Senior Director of products for Fiserv and has over 12 years of experience designing and implementing financial institution software and services. She was responsible for the strategic management of an entire line of financial institution processing solutions, including core systems, Internet banking, customer relationship management (CRM) systems and imaging.

1 CPE Credit

Program Level: Basic-Intermediate

ICBA Member Price: $199.00
Non-Member Price: $299.00

To order this product online at the member or non-member price:

For more information, call 800-422-7285.