There are three vendor management models that we typically see: centralized, decentralized and a hybrid approach. These allow the vendor risk manager to set standards while allowing for communication through the relationship manager and on to the vendor.
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Common Third-Party Risk Management Findings in Exams and Next Steps
If your organization is in a regulated industry, you should anticipate regular examinations. It's good to review your regulators website to become familiar with their exam process, classification of issues, etc. In this podcast, learn common exam findings and next steps.
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5:19
How Vendor Risk Management Software Streamlines Your Program
Anyone who is involved in vendor risk management knows the intricacies of the various tasks. In this podcast, learn tips and common ways you can utilize vendor risk management software to streamline your processes.
In this interview, Venminder's Hilary Jewhurst is joined by Barb Lowman, President at CUNA Strategic Services and Idrees Rafiq Jr, Information Security & Risk Management Consulting, Vice President at Cornerstone Resources to discuss the effects that fintech organizations have on credit unions.
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4 Important Vendor Risk Management FAQs for Beginners
In this podcast we’ll discuss four important vendor risk management frequently asked questions for beginners. You'll learn what vendor risk management is, why it’s important, who is involved and how vendor risk management is completed.
Venminder has a team of due diligence experts who can significantly reduce your vendor management workload. Venminder also has a software solution to organize, track and report findings to Senior Management, the Board of Directors and, ultimately, the examining bodies.
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