Vendor Management - How Model Risk Fits In

vendor-management

Vendor Management - How Model Risk Fits In

Jun 20, 2023 | 11:00 am ET • 10:00 am CT | Webinar

Learn how to develop a simple yet comprehensive Vendor Management Program based on best practices from the FFIEC IT Examination Handbook. Go beyond the basics, with a step-by-step analysis of guidance outlined in the OCC SR Letter 11-7 on Model Risk Management to understand how Vendor Management and Model Risk Management fit within your overall Enterprise Risk Management (ERM) program.

In addition, along with Vendor Management, which includes all the third-party providers of systems and software, comes yet another risk—Model Risk. The presenter will explain step by step the OCC SR Letter 11-7 following their guidance on Model Risk Management. You will walk away with a clearer understanding of where Vendor Management and Model Risk Management fit within your ERM program.

Learning Objectives:

  • Increase overall knowledge of Vendor Management and what it means to have a Vendor Management Program.

  • Understand how Vendor Management is part of your ERM Program.

  • Understand how to complete the Model Risk Assessment which is part of the ERM Risk Assessment.

  • Learn about the benefits of having a Vendor Management Program established.

  • Learn about the benefits of having a Model Risk Management Program in place.

Duration: 90 minutes

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Pricing

ICBA Members: $199

Nonmembers: $299

Unlimited Webinar Pass subscription: $0

Attendance/Cancellation Policy:

  • Registration fee is valid only for the individual registered. Each attendee must register.
  • Full payment is required prior to real-time event attendance. Digital products will be made available when full payment is received.
  • Digital product purchases cannot be cancelled once the order has been processed and the product is available to use.
  • Refunds will not be granted unless there is a technical issue that cannot be resolved that prevents the purchaser from accessing and/or using the product. Refund requests for technical issues must be received within 15 days of the date of purchase.

For more information, call 800-422-7285.

Who should attend: Chief Risk Officers, Risk Managers/Leaders, Chief Credit Officers, Chief Financial Officers, Compliance Officers, Internal Auditors, IT Personnel, Presidents

Prerequisites: None

Advanced Preparation: None

Program Level: Intermediate

Field of Study: Specialized Knowledge

Delivery Method: Group Internet Based

CPE Credit Hours: 1.5

Marci Malzahn

Marcia Malzahn

President and Founder

Malzahn Strategic

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