Third-Party Risk Management: How to Prepare for an Exam With the NCUA
By Venminder
September 21, 2024
As part of their responsibilities, the National Credit Union Administration (NCUA) assesses the safety and viability of a credit union's third-party risk management program. While teams may experience some stress around these exams, a thorough understanding of the regulatory exam process and diligence preparation can make the process less overwhelming.
If your credit union has been notified of an upcoming NCUA audit of your third-party risk management program, this eBook will help your credit union prepare.
Download this eBook to learn:
- Steps to take after receiving the exam notice
- Tips to prepare for an NCUA exam
- Third-party risk management practices to review
- Best practices for a successful exam
About Venminder
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.