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Five Tips to Help You Receive Organizational Buy-In for Your Credit Union’s Third-Party Risk Management Program

By Venminder
October 19, 2023

While third-party risk management is a regulatory requirement, that doesn’t mean that it guarantees stakeholder buy-in. Some stakeholders may automatically assume fulfilling the minimum requirements are enough, but it’s important to remember that the strongest third-party risk management programs are the ones where all stakeholders are engaged and share the same view on how to succeed.

Wondering how to foster understanding and stakeholder support? Download this eBook that will help you explore how to communicate the many benefits of third-party risk management and how it protects your credit union and its members.

Download this eBook to learn:

  • Tips to follow when seeking stakeholder buy-in for your third-party risk management program
  • Ways to emphasize the benefits that third-party risk management provides
  • How to understand all your stakeholders’ different points of views
  • How to use your data to get better responses from stakeholders 

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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.