This session will provide an overview of the essential elements of a robust third-party risk management program. Credit unions have taken a regulatory approach to these relationships rather than a value driven orientation. Simply collecting due diligence documentation does little to affect pricing, performance, or risk. Actively managing these critical relationships is key to mitigating risk and building competitive advantage.
Session learning objectives include:
Rethink organizational strategy and performance around third-party relationships.
Identify value gaps in common third-party risk management processes.
Chief Executive Officer,
Rochdale Paragon Group, LLC
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