Vendor Management, One-Day Class
Note: This video series contains four parts. Once you have purchased the video (or if you paid to attend the event) the videos appear at the bottom of the page. Click on a thumbnail to load that video. You can skip to any part of the video using the progress bar under the image.
Vendor Management has been on the regulators’ radar for some time now. Credit Unions are expected to have a risk-based method to select and monitor their third party relationships. During this class, Heather Line and two special guests discuss the following topics:
- NCUA guidance for managing third-party relationships
- Developing a vendor management program
- Selection of vendors including risk assessments and due diligence practices
- Reviewing contracts
- On-going monitoring of vendors
- Documentation of your vendor management program
This training is ideal for anyone tasked with managing vendor relationships within the credit union.
Here are the documents and handouts for this training.
- CUNA Vendor Management Guide
- Evaluating Third Party Relationships
- Monitoring
- NCUA Vendor Management Guidance
- Risk Assessment
- Sample Vendor Management Policy
- Slides
- Vendor Inventory Sample
- Vendor Monitoring Sample
- Vendor Risk Assessment Sample
- Bruce Richard's Slides
Note that the fourth video, called Vendor Monitoring, had some issuse from minute 17 to minute 21. You can skip those minutes, and the content is repeated without problem starting at about minute 21. Thank you!
Category: Compliance
Labels: Compliance, Heather Line, Vendor Management
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Vendor Risk Assessment
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Vendor Due Diligence
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Vendor Contracts
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Vendor Monitoring










































































