Third Party Risk Management Checklist Essentials Course Curriculum
Course Overview The Third Party Risk Management Checklist Essentials course is a comprehensive and interactive program designed to equip participants with the knowledge and skills necessary to effectively manage third-party risks. Upon completion, participants will receive a certificate issued by The Art of Service.
Course Outline Module 1: Introduction to Third Party Risk Management
- Definition and importance of third-party risk management
- Types of third-party risks (e.g., vendors, suppliers, contractors)
- Regulatory requirements and industry standards
- Best practices for third-party risk management
Module 2: Risk Assessment and Identification
- Identifying potential third-party risks
- Conducting risk assessments (e.g., questionnaires, surveys)
- Analyzing risk data and prioritizing risks
- Developing risk mitigation strategies
Module 3: Due Diligence and Vendor Selection
- Conducting due diligence on potential vendors
- Evaluating vendor risk assessments and questionnaires
- Assessing vendor financial stability and reputation
- Negotiating contracts and service level agreements (SLAs)
Module 4: Contract Management and Negotiation
- Key elements of a third-party contract
- Negotiating contract terms and conditions
- Managing contract changes and amendments
- Ensuring compliance with contractual obligations
Module 5: Ongoing Monitoring and Review
- Monitoring third-party performance and risk
- Conducting regular risk assessments and reviews
- Identifying and addressing emerging risks
- Maintaining accurate records and documentation
Module 6: Incident Management and Response
- Developing incident response plans
- Responding to third-party incidents (e.g., data breaches)
- Containing and mitigating incident impact
- Post-incident review and lessons learned
Module 7: Compliance and Regulatory Requirements
- Understanding relevant laws and regulations (e.g., GDPR, HIPAA)
- Ensuring third-party compliance with regulatory requirements
- Managing compliance risks and audit requirements
- Maintaining compliance documentation and records
Module 8: Information Security and Data Protection
- Protecting sensitive data and information
- Ensuring third-party information security controls
- Managing data breaches and incident response
- Implementing data protection best practices
Module 9: Business Continuity and Disaster Recovery
- Ensuring third-party business continuity planning
- Assessing third-party disaster recovery capabilities
- Developing business continuity and disaster recovery plans
- Testing and exercising business continuity plans
Module 10: Third Party Risk Management Best Practices
- Implementing a third-party risk management framework
- Developing a third-party risk management policy
- Establishing a third-party risk management program
- Continuously monitoring and improving third-party risk management
Course Features - Interactive and engaging content: Learn through a mix of video lessons, quizzes, and interactive exercises.
- Comprehensive and up-to-date content: Stay current with the latest best practices and regulatory requirements.
- Personalized learning experience: Learn at your own pace and track your progress.
- Practical and real-world applications: Apply your knowledge to real-world scenarios and case studies.
- Expert instructors: Learn from experienced professionals with expertise in third-party risk management.
- Certification upon completion: Receive a certificate issued by The Art of Service.
- Flexible learning: Access the course from anywhere, at any time, on any device.
- User-friendly and mobile-accessible: Navigate the course easily on your desktop, tablet, or mobile device.
- Community-driven: Connect with other learners and instructors through discussion forums and live sessions.
- Actionable insights and hands-on projects: Apply your knowledge to real-world projects and scenarios.
- Bite-sized lessons: Learn in manageable chunks, with lessons ranging from 10-30 minutes.
- Lifetime access: Access the course materials for as long as you need.
- Gamification and progress tracking: Stay motivated with gamification elements and track your progress.
What You'll Receive - A comprehensive understanding of third-party risk management principles and best practices
- A certificate issued by The Art of Service upon completion
- Lifetime access to the course materials
- Ongoing support and community engagement
,
Module 1: Introduction to Third Party Risk Management
- Definition and importance of third-party risk management
- Types of third-party risks (e.g., vendors, suppliers, contractors)
- Regulatory requirements and industry standards
- Best practices for third-party risk management
Module 2: Risk Assessment and Identification
- Identifying potential third-party risks
- Conducting risk assessments (e.g., questionnaires, surveys)
- Analyzing risk data and prioritizing risks
- Developing risk mitigation strategies
Module 3: Due Diligence and Vendor Selection
- Conducting due diligence on potential vendors
- Evaluating vendor risk assessments and questionnaires
- Assessing vendor financial stability and reputation
- Negotiating contracts and service level agreements (SLAs)
Module 4: Contract Management and Negotiation
- Key elements of a third-party contract
- Negotiating contract terms and conditions
- Managing contract changes and amendments
- Ensuring compliance with contractual obligations
Module 5: Ongoing Monitoring and Review
- Monitoring third-party performance and risk
- Conducting regular risk assessments and reviews
- Identifying and addressing emerging risks
- Maintaining accurate records and documentation
Module 6: Incident Management and Response
- Developing incident response plans
- Responding to third-party incidents (e.g., data breaches)
- Containing and mitigating incident impact
- Post-incident review and lessons learned
Module 7: Compliance and Regulatory Requirements
- Understanding relevant laws and regulations (e.g., GDPR, HIPAA)
- Ensuring third-party compliance with regulatory requirements
- Managing compliance risks and audit requirements
- Maintaining compliance documentation and records
Module 8: Information Security and Data Protection
- Protecting sensitive data and information
- Ensuring third-party information security controls
- Managing data breaches and incident response
- Implementing data protection best practices
Module 9: Business Continuity and Disaster Recovery
- Ensuring third-party business continuity planning
- Assessing third-party disaster recovery capabilities
- Developing business continuity and disaster recovery plans
- Testing and exercising business continuity plans
Module 10: Third Party Risk Management Best Practices
- Implementing a third-party risk management framework
- Developing a third-party risk management policy
- Establishing a third-party risk management program
- Continuously monitoring and improving third-party risk management
Course Features - Interactive and engaging content: Learn through a mix of video lessons, quizzes, and interactive exercises.
- Comprehensive and up-to-date content: Stay current with the latest best practices and regulatory requirements.
- Personalized learning experience: Learn at your own pace and track your progress.
- Practical and real-world applications: Apply your knowledge to real-world scenarios and case studies.
- Expert instructors: Learn from experienced professionals with expertise in third-party risk management.
- Certification upon completion: Receive a certificate issued by The Art of Service.
- Flexible learning: Access the course from anywhere, at any time, on any device.
- User-friendly and mobile-accessible: Navigate the course easily on your desktop, tablet, or mobile device.
- Community-driven: Connect with other learners and instructors through discussion forums and live sessions.
- Actionable insights and hands-on projects: Apply your knowledge to real-world projects and scenarios.
- Bite-sized lessons: Learn in manageable chunks, with lessons ranging from 10-30 minutes.
- Lifetime access: Access the course materials for as long as you need.
- Gamification and progress tracking: Stay motivated with gamification elements and track your progress.
What You'll Receive - A comprehensive understanding of third-party risk management principles and best practices
- A certificate issued by The Art of Service upon completion
- Lifetime access to the course materials
- Ongoing support and community engagement
,
- A comprehensive understanding of third-party risk management principles and best practices
- A certificate issued by The Art of Service upon completion
- Lifetime access to the course materials
- Ongoing support and community engagement