How to Manage Vendor Risk at Your Credit Union With Due Diligence
September 21, 2023
A free webinar brought to you by CUNA Strategic Services and Venminder.
Featured Speaker: Christine Kitamura
Remaining aware of and managing your vendor risks is an important factor for an effective third-party risk management program. This is why having a strong vendor due diligence program is not only important to your credit union, but also a regulatory requirement.
If you’re ready to learn how to strengthen your credit union’s due diligence practice, then watch this on-demand webinar for a high-level overview of the process. You’ll learn tips and tricks for managing vendor risks, where the due diligence process fits into the third-party risk management lifecycle, as well as how to collect effective vendor documents.
Watch now to learn:
- When your credit union should be doing vendor due diligence
- The benefits of vendor due diligence to your credit union
- Vendor document collection tips
- Doing due diligence based on the level of risk the vendor poses
- What to do after collecting vendor documents
- Solutions to vendor due diligence issues
Venminder is an innovative, customer-motivated company that is mission-driven to help solve the many challenges organizations face when managing risks from outsourcing to third parties.
Venminder provides a dedicated platform to empower effective end-to-end lifecycle management and mitigation of third-party risks. Venminder creates long-term collaborative partnerships with their customers, providing implementation assistance, product and best practices training, ongoing support, access to expertise and more.