Managing Risk with Third-Party Vendors
Third-party service providers are essential in running an efficient and cost-effective financial organization in today’s competitive environment. However, with the engagement of third-party services, comes increased risk of customer service and compliance issues, reputational damage, and financial loss. This WiBinar focuses on effective ways to identify risk, implement risk mitigation processes, and take proactive action to eliminate third-party services when risk levels can no longer be mitigated.
- Explore documentation tips to help protect against compliance risk
- Learn proven practices for monitoring risk associated with customer complaints
- Understand how to decide when it is time to change third-party vendors
D.L. Huston, LLC
Dan’s professional career, spanning four decades, has focused on assisting clients in identifying and resolving operational, risk management, and compliance issues. His expertise focuses on providing clients with guidance in designing effective and efficient procedures and controls to implement new and changing regulatory guidance; implementing corrective action in response to directives from federal and state oversight agencies; and designing and executing testing to evaluate the effectiveness of implemented solutions and controls. Dan’s experience includes 19 years supervising operational and lending functions at a large regional financial institution and 16 years with a regional public accounting firm, which included nine years as the partner responsible for the firm’s internal audit and regulatory practice for financial institutions. His experience includes having worked with over 200 banks, credit unions and trust companies. Dan is the managing member of D.L. Huston, LLC, and lives in Portland, Oregon.
|Pricing For||Price||Season Pass|
Season Pass Members receive 4 individual logins to every WiBinar.
This WiBinar is ideal for
Compliance Officer, Risk Officer, Vendor Management Executive, Vendor Assessment Coordinator