Third Party Risk Management Framework: A Complete Guide
Course Overview This comprehensive course provides a thorough understanding of Third Party Risk Management (TPRM) frameworks, principles, and best practices. Participants will learn how to identify, assess, mitigate, and monitor third-party risks, ensuring their organization's compliance with regulatory requirements and industry standards.
Course Objectives - Understand the importance of TPRM in today's business landscape
- Learn how to develop and implement a TPRM framework
- Identify and assess third-party risks
- Mitigate and monitor third-party risks
- Ensure compliance with regulatory requirements and industry standards
- Develop a TPRM program that aligns with organizational goals and objectives
Course Outline Module 1: Introduction to Third Party Risk Management
- Defining TPRM
- Importance of TPRM
- TPRM frameworks and standards
- Regulatory requirements and industry standards
Module 2: Identifying and Assessing Third-Party Risks
- Risk identification techniques
- Risk assessment methodologies
- Third-party risk categorization
- Risk scoring and prioritization
Module 3: Mitigating and Monitoring Third-Party Risks
- Risk mitigation strategies
- Contract management and negotiation
- Performance monitoring and reporting
- Issue management and escalation
Module 4: Developing a TPRM Program
- TPRM program structure and governance
- Roles and responsibilities
- TPRM policies and procedures
- Training and awareness
Module 5: Implementing a TPRM Framework
- TPRM framework implementation steps
- Change management and communication
- Stakeholder engagement and buy-in
- Metrics and benchmarking
Module 6: Maintaining and Improving a TPRM Program
- TPRM program maintenance and review
- Continuous improvement and maturity
- Audit and assurance
- Emerging trends and best practices
Module 7: Case Studies and Real-World Applications
- Industry-specific case studies
- Real-world applications and examples
- Group discussions and activities
- Lessons learned and best practices
Course Features - Interactive and engaging: Interactive lessons, quizzes, and activities to keep you engaged
- Comprehensive and personalized: Comprehensive course materials, personalized to your needs and goals
- Up-to-date and practical: Up-to-date information and practical applications to help you succeed
- Real-world applications: Real-world applications and case studies to illustrate key concepts
- High-quality content: High-quality content, developed by expert instructors
- Certification: Receive a certificate upon completion, issued by The Art of Service
- Flexible learning: Flexible learning options, including online and mobile access
- User-friendly: User-friendly interface, easy to navigate and use
- Community-driven: Community-driven, with discussion forums and group activities
- Actionable insights: Actionable insights and takeaways, to help you succeed
- Hands-on projects: Hands-on projects and activities, to help you apply what you've learned
- Bite-sized lessons: Bite-sized lessons, to help you learn and retain information
- Lifetime access: Lifetime access to course materials, to help you continue learning
- Gamification: Gamification elements, to make learning fun and engaging
- Progress tracking: Progress tracking, to help you stay on track and motivated
Course Format This course is delivered online, with interactive lessons, quizzes, and activities. You will have access to course materials, including video lessons, readings, and assignments. You will also have the opportunity to interact with instructors and peers through discussion forums and group activities.
Course Duration This course is self-paced, and you can complete it on your own schedule. The course is estimated to take approximately 80 hours to complete, but you can take as much time as you need to finish the course.
Course Prerequisites There are no prerequisites for this course. It is designed for anyone interested in learning about Third Party Risk Management, regardless of their background or experience.
Certification Upon completion of this course, you will receive a certificate issued by The Art of Service. This certificate is recognized industry-wide, and it demonstrates your knowledge and skills in Third Party Risk Management.,
- Understand the importance of TPRM in today's business landscape
- Learn how to develop and implement a TPRM framework
- Identify and assess third-party risks
- Mitigate and monitor third-party risks
- Ensure compliance with regulatory requirements and industry standards
- Develop a TPRM program that aligns with organizational goals and objectives
Course Outline Module 1: Introduction to Third Party Risk Management
- Defining TPRM
- Importance of TPRM
- TPRM frameworks and standards
- Regulatory requirements and industry standards
Module 2: Identifying and Assessing Third-Party Risks
- Risk identification techniques
- Risk assessment methodologies
- Third-party risk categorization
- Risk scoring and prioritization
Module 3: Mitigating and Monitoring Third-Party Risks
- Risk mitigation strategies
- Contract management and negotiation
- Performance monitoring and reporting
- Issue management and escalation
Module 4: Developing a TPRM Program
- TPRM program structure and governance
- Roles and responsibilities
- TPRM policies and procedures
- Training and awareness
Module 5: Implementing a TPRM Framework
- TPRM framework implementation steps
- Change management and communication
- Stakeholder engagement and buy-in
- Metrics and benchmarking
Module 6: Maintaining and Improving a TPRM Program
- TPRM program maintenance and review
- Continuous improvement and maturity
- Audit and assurance
- Emerging trends and best practices
Module 7: Case Studies and Real-World Applications
- Industry-specific case studies
- Real-world applications and examples
- Group discussions and activities
- Lessons learned and best practices
Course Features - Interactive and engaging: Interactive lessons, quizzes, and activities to keep you engaged
- Comprehensive and personalized: Comprehensive course materials, personalized to your needs and goals
- Up-to-date and practical: Up-to-date information and practical applications to help you succeed
- Real-world applications: Real-world applications and case studies to illustrate key concepts
- High-quality content: High-quality content, developed by expert instructors
- Certification: Receive a certificate upon completion, issued by The Art of Service
- Flexible learning: Flexible learning options, including online and mobile access
- User-friendly: User-friendly interface, easy to navigate and use
- Community-driven: Community-driven, with discussion forums and group activities
- Actionable insights: Actionable insights and takeaways, to help you succeed
- Hands-on projects: Hands-on projects and activities, to help you apply what you've learned
- Bite-sized lessons: Bite-sized lessons, to help you learn and retain information
- Lifetime access: Lifetime access to course materials, to help you continue learning
- Gamification: Gamification elements, to make learning fun and engaging
- Progress tracking: Progress tracking, to help you stay on track and motivated
Course Format This course is delivered online, with interactive lessons, quizzes, and activities. You will have access to course materials, including video lessons, readings, and assignments. You will also have the opportunity to interact with instructors and peers through discussion forums and group activities.
Course Duration This course is self-paced, and you can complete it on your own schedule. The course is estimated to take approximately 80 hours to complete, but you can take as much time as you need to finish the course.
Course Prerequisites There are no prerequisites for this course. It is designed for anyone interested in learning about Third Party Risk Management, regardless of their background or experience.
Certification Upon completion of this course, you will receive a certificate issued by The Art of Service. This certificate is recognized industry-wide, and it demonstrates your knowledge and skills in Third Party Risk Management.,
- Interactive and engaging: Interactive lessons, quizzes, and activities to keep you engaged
- Comprehensive and personalized: Comprehensive course materials, personalized to your needs and goals
- Up-to-date and practical: Up-to-date information and practical applications to help you succeed
- Real-world applications: Real-world applications and case studies to illustrate key concepts
- High-quality content: High-quality content, developed by expert instructors
- Certification: Receive a certificate upon completion, issued by The Art of Service
- Flexible learning: Flexible learning options, including online and mobile access
- User-friendly: User-friendly interface, easy to navigate and use
- Community-driven: Community-driven, with discussion forums and group activities
- Actionable insights: Actionable insights and takeaways, to help you succeed
- Hands-on projects: Hands-on projects and activities, to help you apply what you've learned
- Bite-sized lessons: Bite-sized lessons, to help you learn and retain information
- Lifetime access: Lifetime access to course materials, to help you continue learning
- Gamification: Gamification elements, to make learning fun and engaging
- Progress tracking: Progress tracking, to help you stay on track and motivated