Third Party Risk for Managers
3 days|Delivered on request
This programme is for the person accountable for the work rather than the person doing it. It covers control testing and key risk indicators from the position of someone who must review, approve and answer for the output. Managers carry this because boards are being asked to evidence oversight, not merely assert it, and the accountability does not delegate cleanly. Delegates leave able to work confidently with risk culture, combined assurance and risk identification in their own organisation.
What delegates leave able to do
- Take ownership of risk culture rather than escalating it, measured against COSO ERM
- Make a decision about combined assurance without waiting for a specialist
- Explain risk identification to someone who does not do the work
- Put risk reporting to the board on a footing they can defend to a reviewer
What the course covers
- Control testing
- Key risk indicators
- Risk culture
- Combined assurance
- Risk identification
- Risk reporting to the board
- Compliance monitoring
Who should attend
- audit and risk committee members
- governance and assurance practitioners
- business continuity coordinators
- internal auditors
- heads of risk
