Vendor Management Seminar - Virtual 


Aug 2 - Aug 3, 2022

Vendor Management Seminar - Virtual 

This seminar will assist community banks in navigating the critical considerations needed to effectively implement a sound vendor management program.

Community banks may outsource a service, but they cannot outsource the responsibility. In a financial environment wrought with strong enforcement actions, rising regulatory expectations, and massive data breaches, community banks must understand and manage a secure network of relationships to ensure customer data, bank transactions, business activity, and shareholders are protected. 

Relationships with third-party vendors are commonplace and many provide a strategic advantage; however, the rewards aren’t without risk to financial institutions. Intense regulatory scrutiny and variations in third-party service application are challenging the risk management practices utilized by today’s community banks. 

Participants will examine the vendor management lifecycle and discuss: 

  • Effective strategies for vendor selection 

  • Evaluating risk associated with service providers 

  • Guidelines for structuring your vendor agreements 

  • Methods for monitoring and measuring success of your third-party vendors 

Throughout the seminar, practical advice and guidance will be shared including: 

  • How to remove the guesswork related to employee responsibility and vendor management 

  • Key compliance considerations to monitor service provider relationships 

  • New policy, procedures, and retention strategies

All times stated are Central Time.

Tuesday, Aug. 2

9:00 a.m. – Noon
Vendor Management Program
Regulation, Risk and Expectations
New Vendor Processes
Various Vendor Risk Levels
Existing Vendor Processes
Various Vendor Risk Levels 

Noon - 12:30 p.m.:

12:30 p.m. – 4:30 p.m.:
New and Existing Due Diligence and Risk Assessment
Vendor Contract Considerations
Expectations and Best Practices
Sample Contract

Wednesday, Aug. 3

9:00 a.m.-Noon 
Vendor Monitoring
Vendor Monitoring and SOC Report Review
Performing a SOC Report Review

ICBA Member Early-Bird: $595
ICBA Member after July 8, 2022: $695
Non-Member: $795
Non-Banker: $1,195

Bank Director Program ICBA Member: $495
Bank Director Program Nonmember: $595

NOTE: Registration fee is valid for one connection, only for the individual registered. Full payment is required prior to attendance.  For more information, call 800-422-7285. 

This event will be offered virtually via livestream. Upon registration the individual who registered will receive an email with technical requirements and instructions to participate.


Avatar Woman
Mackenzie Rooney


CliftonLarsonAllen, Minneapolis

Who Should Attend: Risk Mgt, Vendor Mgt, C-Suite, Directors     
Prerequisites: Basic knowledge of vendor selection and management
Advanced Preparation: None
Program Level: Intermediate 
Field of Study: Specialized Knowledge

Delivery Method: Group Internet Based

Printable Registration Form

If registration is cancelled more than 30 days prior to the event start date, you will receive a full refund. If cancellation is within 30 days prior to the event start date, 20 percent of the registration fee paid will be deducted for costs. A substitute registration will be accepted. No refunds will be issued once the bank has received event materials or after the event start date.

Attendance at all ICBA programs will be considered on a first come, first served basis. If the program is cancelled, ICBA’s liability is limited to the registration fee. For additional questions contact ICBA at 800-422-7285.

Registration, attendance, or participation in an ICBA event constitutes an agreement by the participant to ICBA’s use and distribution (both now and in the future) of the participant’s image and/or voice in photographs, videos, digital media, electronic reproductions and audio files/recordings of and at such events and activities.

This live digital course is for educational purposes only and intended only for participants of the class/event. All rights are reserved by ICBA. No recording or distribution of the content is permitted unless expressly agreed to by ICBA.