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Mastering Third-Party Risk Management; A Comprehensive Framework for Mitigating Vendor-Related Risks

Mastering Third-Party Risk Management; A Comprehensive Framework for Mitigating Vendor-Related Risks

$199.00
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Mastering Third-Party Risk Management: A Comprehensive Framework for Mitigating Vendor-Related Risks



Course Overview

This comprehensive course provides a detailed framework for mitigating vendor-related risks, ensuring that participants are equipped with the knowledge and skills necessary to manage third-party risks effectively. Upon completion of this course, participants will receive a certificate issued by The Art of Service.



Course Features

  • Interactive and engaging learning experience
  • Comprehensive and up-to-date content
  • Personalized learning approach
  • Practical and real-world applications
  • High-quality content developed by expert instructors
  • Certification upon completion
  • Flexible learning options
  • User-friendly and mobile-accessible platform
  • Community-driven learning environment
  • Actionable insights and hands-on projects
  • Bite-sized lessons for easy learning
  • Lifetime access to course materials
  • Gamification and progress tracking features


Course Outline

Module 1: Introduction to Third-Party Risk Management

  • Defining third-party risk management
  • Understanding the importance of third-party risk management
  • Identifying potential third-party risks
  • Overview of third-party risk management frameworks and standards

Module 2: Third-Party Risk Management Frameworks and Standards

  • Overview of COBIT, ISO 27001, and NIST frameworks
  • Understanding the role of regulatory requirements in third-party risk management
  • Best practices for implementing a third-party risk management framework
  • Case studies of successful third-party risk management implementations

Module 3: Vendor Selection and Onboarding

  • Best practices for vendor selection
  • Understanding vendor risk assessment and due diligence
  • Creating effective vendor contracts and service level agreements
  • Onboarding vendors and ensuring compliance

Module 4: Ongoing Vendor Monitoring and Management

  • Best practices for ongoing vendor monitoring and management
  • Understanding vendor performance metrics and reporting
  • Identifying and mitigating vendor-related risks
  • Ensuring vendor compliance with regulatory requirements

Module 5: Third-Party Risk Management Tools and Technologies

  • Overview of third-party risk management tools and technologies
  • Understanding the role of automation in third-party risk management
  • Best practices for selecting and implementing third-party risk management tools
  • Case studies of successful third-party risk management tool implementations

Module 6: Incident Response and Vendor Termination

  • Best practices for incident response and vendor termination
  • Understanding the role of business continuity planning in third-party risk management
  • Creating effective incident response plans
  • Terminating vendor relationships and ensuring a smooth transition

Module 7: Continuous Improvement and Maturity

  • Best practices for continuous improvement and maturity in third-party risk management
  • Understanding the role of metrics and benchmarking in third-party risk management
  • Creating effective continuous improvement plans
  • Maturing the third-party risk management program

Module 8: Third-Party Risk Management Governance and Compliance

  • Best practices for third-party risk management governance and compliance
  • Understanding the role of regulatory requirements in third-party risk management
  • Creating effective governance and compliance structures
  • Ensuring compliance with regulatory requirements

Module 9: Third-Party Risk Management Awareness and Training

  • Best practices for third-party risk management awareness and training
  • Understanding the role of awareness and training in third-party risk management
  • Creating effective awareness and training programs
  • Ensuring employee understanding of third-party risk management

Module 10: Final Project and Certification

  • Final project: Creating a comprehensive third-party risk management plan
  • Receiving a certificate upon completion of the course
  • Career opportunities and continuing education in third-party risk management


Certification

Upon completion of this course, participants will receive a certificate issued by The Art of Service, demonstrating their expertise in third-party risk management.



Target Audience

This course is designed for professionals responsible for managing third-party risks, including:

  • Risk managers
  • Compliance officers
  • Vendor managers
  • Procurement professionals
  • Audit and assurance professionals
  • IT and security professionals
  • Business continuity and disaster recovery professionals
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