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Third-Party Risk Management: Building Relationships with Confidence

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Third-Party Risk Management: Building Relationships with Confidence
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While historically, TPRM has been viewed as an ancillary compliance concern largely addressed by means of written questionnaires and reliance on standard contractual provisions, the emergence of a new regulatory climate demands a novel approach to TPRM; an approach characterized by building and sustaining a relationship of mutual trust between the primary contracting organization and the third parties it enlists to provide goods or furnish services.

  1. What you'll learn:
    • How to manage your third-party risk management program
    • Tips for fostering a culture of confidence with third parties
    • How to adopt a more dynamic approach to TPRM
  2. For anyone responsible for:
    • Third-Party Risk Management
    • Third-Party Due Diligence
    • Vendor Management
  3. Page length:
    3 pages
  4. Read the Resource