TPRM Fundamentals – Details

Content development overview

Shared Assessments maintains certificate and certification course curriculums that define the learner profile, course design, knowledge level, learning objectives, and delivery methods for educational training.  Learner profiles for certificate and certification programs are based on an assessment of the skills, expertise, and competencies required to perform third party risk management job functions.

Job or work practice profiles identify the accountabilities based on day-to-day third party risk personnel roles and responsibilities. Learner profiles for each type of course identify any prerequisite education, experience requirements, or advance preparation required for registration and/or course completion.  Certain programs may have specific eligibility requirements, proof of experience, employer verification, or any applicable work experience substitution or waivers.

 

    Knowledge Level

    Shared Assessments identifies the learner profiles and knowledge/experience requirements based on member company inputs, industry benchmarking, research, hiring practices, and workforce taxonomy that identify changes in skills and competencies in third party risk. Each certificate or certification course is assigned an appropriate knowledge level based on these requirements.

    TPRM Fundamentals is a beginner or entry level course with a Knowledge Level of Basic. TPRM Fundamentals class is based on a formalized curriculum that is broken into distinct training modules which include specific lessons and learning objectives for each course. Information is presented using multiple user interactions including terms/definitions, processes, case studies, and learning-based scenarios.

     

    Learning Objectives

    1. TPRM Fundamentals: Building an Effective Risk Program Learning Objectives:

    Learners who register for the TPRM Fundamentals: Building an Effective Risk Program will be able to accomplish the following upon course completion:

    • Compare terms and definitions used to categorize risk posed by third parties
    • Categorize the risk drivers and factors that impact third-party relationships
    • Summarize the methods of mitigating different types of risk during the relationship lifecycle
    • Define risk rating and vendor classification functions for due diligence
    • Organize risk assessment processes needed to address TPRM program requirements
    • Implement reporting and tracking of TPRM metrics to monitor and measure risk mitigation actions

     

     

    2. TPRM Fundamentals: Conducting Risk-Based Assessments Learning Objectives:

    Learners who register for the TPRM Fundamentals: Conducting Risk-Based Assessments will be able to accomplish the following upon course completion:

    • Understand third-party risk types and the level of oversight necessary based on TPRM program requirements
    • Define assessment plans for conducting different categories of assessments based on risk tier
    • Select the method used to gather information and evidence about third party controls
    • Review assessment responses to control questions related to the scope of data, systems and/or applications
    • Categorize and report findings for inclusion in risk mitigation plans
    • Summarize assessment results and risk monitoring activities for TPRM program reporting

     

    Additional Information

    No prerequisite knowledge is required to be successful in this course.

    No advance preparation is required.

    Program Level: Basic

    Delivery Method: Self Study

    Shared Assessments CPEs Earned for Completion: 4

     

    TPRM Fundamentals Page→