opportunities to address global risk management challenges
Shared Assessments provides opportunities for members, product subscribers, content licensees, and non-members alike to actively identify emerging challenges, discuss issues, and solution global third-party risk management priorities through our committees. These Committees shape the industry by surfacing critical risk themes, fostering innovative approaches to a changing landscape, enhancing the Shared Assessments Third-Party Risk Management Product Suite, and driving best practices through the development of papers, studies, and blogs.
Our community understands the value of leveraging the collective knowledge of its risk management peers to develop and manage best-in-class third-party risk management programs. Our committee participants represent a wide range of backgrounds and experiences, making them integral to our global community of risk management professionals.
COMMITTEE PARTICIPANT AND MEMBERSHIP LEVEL DEFINITIONS
Recommended knowledge and membership levels for each committee are described below, though all Members are welcome to join any committee regardless of their level or experience in third-party risk management.
Fundamental: Requires no prior experience and is appropriate for those with under five years of professional practice.
Intermediate: For those with more knowledge or skill in third-party risk management than a beginner, and who have mastered the basic concepts.
Advanced: A peer-to-peer environment for senior risk managers, professionals, and experts to examine complex, emerging, and cascading risks.
Members Only: This indicates that the committee is open to members of Shared Assessments only.
Members, Product Subscribers, and Content Licensees Only: This indicates the committee is open to members, product subscribers, and content licensees of Shared Assessments only.
Members, Product Subscribers, Content Licensees, and Non-Members*: This indicates a committee is open to Members, Product Subscribers and Content Licensees of Shared Assessments, and the wider risk management community (non-members). (*Non-members of Shared Assessments are welcome to participate; no other benefits of Shared Assessments membership will be conveyed through non-member participation)
Focus Area Committees
AI & EMERGING TECHNOLOGY COMMITTEE
Meeting Schedule: Bi-monthly, 4th Tuesday at 11:00am – 12:00pm ET (4:00pm – 5:00pm GMT)
Membership: Members and Content Licensees only
Participation Level: Intermediate
CPEs Earned for Completion: 1*
Lead: Chris Johnson, Senior Advisor, Shared Assessments, chrisjohnson@sharedassessments.org
Committee Manager: Stephanie Moore, Committee Manager, Shared Assessments, smoore@sharedassessments.org
Newsletter | Tech In Focus: AI & Emerging Technology Insights For Risk Leaders
This group meets via an open forum, allowing for active engagement and discussion of relevant topics. Participants examine the integration, challenges, opportunities, and solutions posed by emerging technologies, including Machine Learning, Artificial Intelligence, Cloud, 6G, Distributed Ledgers (Blockchain), and Cryptocurrencies.
Advancements in technology fuel productivity, supporting digital transformation and business objectives. New technologies across all sectors are rapidly changing the risk landscape for organizations and third parties/supply chain ecosystems.
This group invites member organizations specializing in emerging technologies, such as Cryptocurrencies and Artificial Intelligence, to present to the committee. Participants are encouraged to submit emerging technology topics relevant to TPRM for discussion.
REGULATORY COMMITTEE
Meeting Schedule: Quarterly and ad-hoc as needed, 2nd Thursday at 11:00am – 12:00pm ET (4:00pm – 5:00pm GMT)
Membership: Members and Content Licensees only
Participation Level: Advanced
CPEs Earned for Completion: 1*
Lead: Gary Roboff, Senior Advisor, Shared Assessments, groboff@sharedassessments.org
Committee Manager: Stephanie Moore, Committee Manager, Shared Assessments, smoore@sharedassessments.org
Today’s complex risk, regulatory, and audit environments are undergoing rapid changes that affect almost every key outsourcing relationship. New Artificial Intelligence regulations are emerging at multiple levels (state, national, and regional), with divergence clearly evident. International jurisdictions are continually revising outsourcing codes (for example, in the European Union and the UK), and sustainability requirements in key regions are evolving rapidly, sometimes diverging. In a regulatory environment with this much flux, it is more important than ever that TPRM practitioners understand not just local outsourcing requirements, but also the direction of regulatory changes internationally.
Towards that end, Regulatory Committee participants discuss current and proposed international regulations, guidelines, and standards. A continued focus this year will address member implementation challenges related to UK and EU requirements for assessing and mitigating risks from critical third parties, as well as the increasingly important focus on supply chain risks that third parties often anchor. Additional topics examined by this committee in the context of outsourcing regulation include AI, cloud, IoT, concentration risk, resilience, inventory management, due diligence access, and how regulatory approaches to these topics harmonize (or diverge) globally.
This group invites speakers on relevant topics, as thought leaders, it publishes member-driven briefing papers and blogs on regulatory subjects. It also reviews, discusses, and responds to draft third-party regulatory guidance and rules from state, federal, and international regulators. Where appropriate, the group makes recommendations for enhancements to the Shared Assessments Product Suite and participates in developing resources pertinent to third-party risk, including consumer protection, operational risk, regulatory compliance monitoring, and auditing.
Products Development User Groups
Products Development User Groups ensure that Shared Assessments Third-Party Risk Management Product Suite is relevant, thorough, and responsive to a range of new and emerging U.S. and international guidelines for privacy, information (cyber) and data security, and business continuity.
The Shared Assessments TPRM Product Suite has maintained its status as the industry standard for third-party risk assurance because these solutions are maintained by the very risk professionals who specialize in third-party risk management issues.
Products Development User Groups’ members influence product design and content. As risk professionals and subject matter experts, Products Development User Group members have broad experience in enterprise risk management, internal audit, operational risk and compliance, and data governance, from a wide range of industries.
PRODUCTS USER GROUP
Meeting Schedule: Every 8 weeks on Thursday at 12:00pm – 12:30pm ET (5:00pm – 5:30pm GMT)
Membership: Members, Product Subscribers, Content Licensees only
Participation Level: Advanced
CPEs Earned for Completion: 0
Lead: Kelcey Reed, Chief Technology Officer, Shared Assessments
Committee Manager: Vanessa Wrisley, Senior Committee Manager, Shared Assessments, vwrisley@sharedassessments.org
The Products User Group is responsible for driving the design and development of new product concepts, ideas, existing and new content, and the functionality of solutions within the Shared Assessments Product Suite.
The Products User Group plays a critical role in shaping the future of the Shared Assessments Products Suite by ensuring every idea we consider delivers meaningful value to our members.
This user group will help us determine which concepts are most valuable and should be placed on our product roadmap by providing thoughtful feedback, and new product concepts and ideas. This user group will also foster open and structured collaboration between the product team and contributors, ensuring strategic alignment for Shared Assessments’ TPRM products.
Participants (Members, Subscribers, Content Licensees) of this user group must be currently using Shared Assessments products in your day-to-day job function.
Content Licensees registering for this user group must have the Shared Assessments products actively integrated to participate in this user group.
PRODUCTS USER WORKING GROUP
Meeting Schedule: Quarterly, 12:00pm – 1:00pm ET (5:00pm – 6:00 GMT)
Membership: Members, Product Subscribers, Content Licensees only
Participation Level: Advanced
CPEs Earned for Completion: 0
Lead: Sheria Williams, TPRM Principal – Products, Shared Assessments
Committee Manager: Vanessa Wrisley, Senior Committee Manager, Shared Assessments, vwrisley@sharedassessments.org
The Products User Working Group is responsible for reviewing and providing feedback on Shared Assessments products through hands-on demonstrations, evaluating content ideas/suggestions and updates, conducting pilot testing, and offering strategic input and feedback on product enhancements.
The Products User Working Group plays a critical role in shaping the future of the Shared Assessments Products Suite by ensuring every idea we consider delivers meaningful value to our members.
This Working Group will also foster open and structured collaboration between the product team and contributors, ensuring strategic alignment for Shared Assessments’ TPRM products.
Participants (Members, Subscribers, Content Licensees) of this user group must be currently using Shared Assessments products in your day-to-day job function.
Content Licensees registering for this user group must have the Shared Assessments products actively integrated to participate in this user group.
Industry And Cross-Industry Committees
In a continuing effort to meet the needs of our diverse Shared Assessments membership, we have created our industry and cross-industry committees. Experienced executives facilitate industry community discussions of the most pressing Third-Party Risk Management (TPRM) challenges and seek to:
- Serve as a forum for identifying, understanding, and supporting TPRM programs.
- Address the expanding frequency/scope of control assessments, including risks associated with cybersecurity, information security, business resiliency, physical security, and operational procedures.
- Develop and publish targeted blogs, white papers, and other best practices resources.
- Improve industry opportunities for TPRM efficiencies and cost savings.
Industry Committees
BANKING, FINANCIAL SERVICES, AND INSURANCE (BFSI) COMMITTEE
Meeting Schedule: Quarterly, 4th Wednesday at 10:00am -11:00am ET (3:00pm – 4:00pm GMT)
Open To: Banking, Financial Services, and Insurance Sector Stakeholders
Membership: Members Only
CPEs Earned for Completion: 1*
Participation Level: All Levels
Leads: Elizabeth Dunsmoor, TPRM Principal, Shared Assessments, edunsmoor@sharedassessments.org & Chris Johnson, Senior Advisor, Shared Assessments, chrisjohnson@sharedassessments.org
Committee Manager: Stephanie Moore, Committee Manager, Shared Assessments, smoore@sharedassessments.org
This committee exchanges ideas and shares best practices related to the TPRM needs of the Banking, Financial Services, and Insurance (BFSI) sector. Areas of interest include, but are not limited to, regulatory requirements, emerging technology, program governance, and procurement.
HEALTHCARE COMMITTEE
Meeting Schedule: Quarterly, 4th Tuesday at 11:00am – 12:00pm ET (4:00pm – 5:00pm GMT)
Open To: Health Sector Stakeholders
Membership: Members, Product Subscribers, and Non-Members
Participation: All Levels
CPEs Earned for Completion: 1*
Lead: Chris Johnson, Senior Advisor, Shared Assessments, chrisjohnson@sharedassessments.org
Committee Manager: Committee Manager: Stephanie Moore, Committee Manager, Shared Assessments, smoore@sharedassessments.org
Healthcare TPRM Newsletter | The Pulse of Third-Party Risk Management
This committee exchanges ideas and shares best practices related to the TPRM needs of the Healthcare sector. Areas of interest include, but are not limited to, regulatory requirements, emerging technology, program governance, and procurement.
Cross-Industry Committees
BEST PRACTICES COMMITTEE
Meeting Schedule: Bi-monthly (odd numbered months), 4th Thursday at 10:00am -11:00am ET (3:00pm – 4:00pm GMT)
Membership: Members, Product Subscribers, Content Licensees, and Non-Members
Participation Level: All Levels
CPEs Earned for Completion: 1*
Lead: Rhonda K.R. Cook, Senior Advisor, Shared Assessments, rcook@sharedassessments.org
Committee Manager: Vanessa Wrisley, Senior Committee Manager, Shared Assessments, vwrisley@sharedassessments.org
This Committee examines existing and emerging “best practices” to help address the challenges organizations face in managing third-party risk. Committee meetings typically include a “Shop Talk” with guest speakers, panelists, or open discussion on topics prioritized by the Committee participants through surveys and polling questions. Examples of previously examined topics include third-party contract development, inherent risk ratings, scoping assessments, maximizing continuous monitoring systems, identifying and managing fourth parties, integrating artificial intelligence into risk management, resourcing models, and articulating a program’s business value.
The output of this Committee includes industry briefing and white papers, practitioner guidelines and work aids, industry call-to-action pieces, and blogs intended to enhance third-party risk management practices. This group coordinates with other Shared Assessments Committees when appropriate.
FOUNDATIONS COMMITTEE
Meeting Schedule: Monthly, 1st Wednesday at 11:00 am – 12:00 pm ET (4:00pm – 5:00pm GMT)
Membership: Members, Product Subscribers, Content Licensees, and Non-Members
Participation Level: Fundamental
CPEs Earned for Completion: 1*
Lead: Elizabeth Dunsmoor, TPRM Principal, Shared Assessments, edunsmoor@sharedassessments.org
Committee Manager: Christine Nordmeyer, Associate Committee Manager, Shared Assessments, cnordmeyer@sharedassessments.org
The Foundations Committee focuses on the fundamentals of third-party risk for those in the early stages of their careers, who have recently become practitioners, or who are considering a new career path in third-party risk.
This Committee provides a platform for networking, experience sharing, and practical skill building. Members will delve into essential components needed for a strong TPRM program, collaborate to tackle challenges, and gain confidence in using products and solutions to more effectively identify and manage third party risks.
Enhanced Learning and Skill Development: By sharing real-world practices and activities, Foundations Committee members will gain practical insights and hands-on experience, which can significantly improve their understanding and skills in practicing third-party risk management activities throughout the lifecycle.
- Prepare for success in the CTPRP and CTPRA course/exam.
- Prepare participants to engage more actively in other committees.
- Gain an understanding of how Shared Assessments products and content can assist in executing your TPRM activities.
SUSTAINABILITY COMMITTEE
Meeting Schedule: Quarterly, 3rd Thursday, 11:00am – 12:30pm ET (4:00pm – 5:30pm GMT)
Membership: Members, Product Subscribers, Content Licensees, and Non-Members
Participation: All Levels
CPEs Earned for Completion: 1*
Lead: Rhonda K.R. Cook, Senior Advisor, Shared Assessments, rcook@sharedassessments.org
Committee Manager: Vanessa Wrisley, Senior Committee Manager, Shared Assessments, vwrisley@sharedassessments.org
Participants focus on how to incorporate sustainability considerations into Third-Party Risk Management (TPRM) programs. Participants from all organizations with an interest in sustainability, corporate social responsibility, and Environmental, Social, & Governance (ESG) considerations, regardless of level of TPRM experience, are welcome.
The Committee has an educational focus, informing members about evolving sustainability frameworks, policies, metrics, procedures, regulations, etc., in the context of TPRM. It is a forum for individuals from mature organizations with extensive experience to share insights with those organizations just beginning their sustainability journeys. Outside experts are occasionally brought in to share “best practices” related to their organization’s sustainability, corporate social responsibility, and ESG journey.
Additionally, input from this group is considered in developing Shared Assessments Products, including the SIG, SCA, and VRMMM.
ADDITIONAL INFORMATION
We do give CPEs for attending Committee Meetings.
No prerequisite knowledge is required to participate in Committee Meetings
No advance preparation is required.
Delivery Method: Group Internet-Based
CPEs Earned for Completion: 1*
*Exact CPEs earned per meeting are subject to change. You must attend for the entire duration to be eligible to receive CPE credits. We do not issue partial credit. CPEs are automatically issued based on our attendance data to the name and email address used to attend the call. Please note that it can take up to 30 days for the CPE credit(s) to be issued.
To Participate
Register for any committee or group using the button below. For other inquiries, please email SACommittees@sharedassessments.org.