Fundamentals of Third Party Risk
2 days|Delivered on request
Fundamentals of Third Party Risk is built for delegates who need to be useful in this area quickly. It starts at first principles and works through regulatory reporting and compliance monitoring without assuming prior specialist training. The programme exists because risk registers are widely maintained and rarely used in an actual decision, and because capability in this area is usually built on the job with no structure behind it. Delegates leave able to work confidently with third party risk, risk appetite and tolerance and risk culture in their own organisation.
What delegates leave able to do
- Bring third party risk into line with current good practice, measured against the three lines model
- Improve risk appetite and tolerance within their own organisation
- Review risk culture and say plainly whether it is working
- Take ownership of risk identification rather than escalating it
What the course covers
- Regulatory reporting
- Compliance monitoring
- Third party risk
- Risk appetite and tolerance
- Risk culture
- Risk identification
- Risk assessment methodology
Who should attend
- internal auditors
- risk champions in operating units
- governance and assurance practitioners
- risk managers
