Webinar
Determining the Risk of Critical Third Parties
Leveraging third parties can lead to significant efficiencies, but it is not without risk. This session will explore criteria used to establish inherent risk and provide approaches for assessing a critical third-party relationship.
Panelists will share the results of a recent Shared Assessments Critical Third-Party Survey covering TPRM processes including: Risk Tiering Techniques; Inherent Risk Criteria; Critical Third Party Criteria; Number of Critical Third Parties and Assessment Timeframe Approvals. Additionally, panelists will highlight work being done by Shared Assessments members on an Inherent Risk Product.
Note: You can review our Corporate Due Diligence blog and download our responses to regulation enhancements requested by:
- • Prudential Regulatory Authority - Operational Resilience: Critical Third Parties to the UK Financial Sector;
- • NYS- Department of Financial Services - Cybersecurity Requirements;
- • Security Exchange Commission - Rule on Outsourcing by Investment Advisors
Speakers:
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Charlie MillerSenior Advisor, Shared AssessmentsCharlie Miller is a frequent speaker and a recognized expert in third-party risk. His key responsibilities include expanding the Shared Assessments Third-Party Risk Management membership-driven program, facilitating thought leadership, industry vertical strategy groups, continuous monitoring / operational technology working groups, and loT research studies.View full bio
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Colleen MilazzoSVP of Third Party Risk Software Products, Shared AssessmentsColleen leads the TPRM software team in the development of software products/tools for third party-risk assurance. Colleen has over 20 years of experience within the financial services industry and consulting. She has led programs associated with risk management, procurement/contract negotiation, mergers and acquisitions, and business process reengineering. She has regulatory and global experience executing portfolios to meet the corporate strategy.View full bio
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Hannah FordRisk Manager - Supply & Third Party Risk Intelligence, Supply WisdomHannah is a Certified Third Party Risk Professional with over a decade of experience in the field of risk analysis, management, and mitigation. As a manager on the Supply Wisdom Risk & Resilience team, she uses her experience as a practitioner and manager of risk assessment and mitigation processes to help her team optimize the future of active, continuous risk management.View full bio