Strategic Third Party Risk
5 days|Delivered on request
Strategic Third Party Risk looks at this work from the level at which it is resourced and defended. The focus is on crisis management, key risk indicators and how both connect to what the organisation is actually trying to achieve. This matters at the strategic level because compliance obligations have multiplied faster than compliance capacity. Delegates leave able to work confidently with compliance monitoring, risk appetite and tolerance and internal audit interface in their own organisation.
What delegates leave able to do
- Spot where compliance monitoring is failing before it becomes a finding, measured against COSO ERM
- Improve risk appetite and tolerance within their own organisation
- Take ownership of internal audit interface rather than escalating it
- Explain control testing to someone who does not do the work
What the course covers
- Crisis management
- Key risk indicators
- Compliance monitoring
- Risk appetite and tolerance
- Internal audit interface
- Control testing
- Control design
Who should attend
- audit and risk committee members
- risk champions in operating units
- business continuity coordinators
- risk managers
- governance and assurance practitioners
