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ISP TrainingsInnovative Special Projects

Third Party Risk for Non-Specialists

2 days|Delivered on request

Third Party Risk for Non-Specialists is built for delegates who need to be useful in this area quickly. It starts at first principles and works through combined assurance and third party risk without assuming prior specialist training. The programme exists because boards are being asked to evidence oversight, not merely assert it, and because capability in this area is usually built on the job with no structure behind it. Delegates leave able to work confidently with operational risk, crisis management and risk appetite and tolerance in their own organisation.

What delegates leave able to do

  • Review operational risk and say plainly whether it is working, measured against the three lines model
  • Improve crisis management within their own organisation
  • Put risk appetite and tolerance on a footing they can defend to a reviewer
  • Explain control testing to someone who does not do the work

What the course covers

  • Combined assurance
  • Third party risk
  • Operational risk
  • Crisis management
  • Risk appetite and tolerance
  • Control testing
  • Key risk indicators

Who should attend

  • internal auditors
  • risk champions in operating units
  • heads of risk
  • risk managers
A printed performance report being reviewed at a meeting table

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