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Mastering Third Party Risk Management Essentials and Best Practices

$199.00
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Mastering Third Party Risk Management Essentials and Best Practices



Course Format & Delivery Details

Course Overview

Our Mastering Third Party Risk Management Essentials and Best Practices course is designed to equip you with the knowledge and skills necessary to effectively manage third-party risks. The course is delivered online, allowing you to learn at your own pace and convenience.

Course Format

  • Self-Paced: Yes, this course is self-paced, allowing you to complete it at your own speed.
  • Online: The course is delivered entirely online.
  • On-Demand: You can access the course materials at any time, 24/7.
  • No Fixed Dates or Times: You can start and complete the course at your convenience, with no fixed dates or times.

Course Completion Details

  • Typical Completion Time: 12-16 hours
  • Lifetime Access: Yes, you will have lifetime access to the course materials.
  • Mobile-Friendly: The course is optimized for mobile devices, allowing you to learn on-the-go.

Support and Resources

  • Instructor Support: You will have access to instructor support via email and discussion forums.
  • Downloadable Resources: The course includes downloadable resources, templates, and toolkits to support your learning.
  • Certificate of Completion: Upon completing the course, you will receive a Certificate of Completion issued by The Art of Service.


Extensive & Detailed Course Curriculum

Module 1: Introduction to Third Party Risk Management

  • 1.1: Defining Third Party Risk Management
  • 1.2: Understanding the Importance of Third Party Risk Management
  • 1.3: Identifying Third Party Risks
  • 1.4: Overview of the Third Party Risk Management Process

Module 2: Third Party Risk Assessment

  • 2.1: Identifying and Assessing Third Party Risks
  • 2.2: Understanding Risk Assessment Methodologies
  • 2.3: Conducting a Risk Assessment
  • 2.4: Analyzing and Prioritizing Risks

Module 3: Due Diligence and Vendor Selection

  • 3.1: Conducting Due Diligence on Third Parties
  • 3.2: Evaluating Vendor Risk
  • 3.3: Selecting and Onboarding Third Parties
  • 3.4: Best Practices for Vendor Management

Module 4: Contract Management and Negotiation

  • 4.1: Understanding Contract Management
  • 4.2: Negotiating Contracts with Third Parties
  • 4.3: Key Contract Clauses and Provisions
  • 4.4: Managing Contract Changes and Amendments

Module 5: Ongoing Monitoring and Review

  • 5.1: Monitoring Third Party Performance
  • 5.2: Conducting Regular Risk Reviews
  • 5.3: Identifying and Addressing Emerging Risks
  • 5.4: Best Practices for Ongoing Monitoring

Module 6: Incident Management and Response

  • 6.1: Understanding Incident Management
  • 6.2: Developing an Incident Response Plan
  • 6.3: Responding to Incidents Involving Third Parties
  • 6.4: Post-Incident Review and Improvement

Module 7: Compliance and Regulatory Requirements

  • 7.1: Understanding Relevant Laws and Regulations
  • 7.2: Ensuring Compliance with Regulatory Requirements
  • 7.3: Managing Compliance Risks
  • 7.4: Best Practices for Compliance Management

Module 8: Third Party Risk Management Best Practices

  • 8.1: Implementing a Third Party Risk Management Framework
  • 8.2: Establishing a Third Party Risk Management Program
  • 8.3: Continuously Improving Third Party Risk Management
  • 8.4: Industry Best Practices for Third Party Risk Management

Module 9: Case Studies and Practical Applications

  • 9.1: Real-World Examples of Third Party Risk Management
  • 9.2: Applying Course Concepts to Real-World Scenarios
  • 9.3: Group Discussions and Case Study Analysis
  • 9.4: Action Planning and Implementation
Upon completing this comprehensive course, you will receive a Certificate of Completion issued by The Art of Service, demonstrating your expertise in Mastering Third Party Risk Management Essentials and Best Practices.

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