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Third Party Risk Management: Are Programs Up to Scratch?

Compliance Week and Aravo’s third annual“Taking the Pulse of Third-Party Risk Management 2020” benchmarking survey asked over 250 risk and compliance professionals a series of questions designed to provide a broad and deep analysis of how third-party risk management is evolving and to provide important data points to help firms benchmark their programs and identify emerging best practices.

 

 

Listen to Ephraim (Fry) Wernick, Partner, Government Investigations & White Collar Criminal Defense, Vinson & Elkins LLP and former-Assistant Chief of the U.S. DOJ, and Kimberley Allan, Chief Marketing Officer, Aravo, discuss whether third-party risk programs are meeting the expectations set out by the regulators, highlight areas where many programs are falling short, and identify what can be done to close the gaps.

Watch this pre-recorded webinar to learn:

  • Are programs adequately resourced and empowered?
  • Do programs support the risk management of third parties throughout the lifespan of the relationship, or primarily during the onboarding process?
  • Is oversight up to regulatory expectations?
  • Key points for improvement
  • Building a business case for the value of third-party risk management in your organization

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