May 24, 2023
9:00am-4:00pm
Member Fees: $265 (In-Person); $365 (Live Stream); $530 (Recording); $100 Add On Recording Fee with In-Person or Live Stream Registration
Non-Member Fees: $465 (In-Person); $565 (Live Stream); $730 (Recording); $100 Add On Recording Fee with In-Person or Live Stream Registration
Please note: If you participate in-person or by live stream via Zoom, we will email a certificate to you following the program. Certificates will only be emailed to registered attendees. If you register for the recording, we will not be able to provide a certificate because we will not be able to track attendance.
ABA Professional Certification Continuing Education Credit: This program has been approved for 7.25 CRCM and 7.25 CERP credits by ABA. Certified professionals should report these credits at aba.csod.com following the seminar.
Financial institutions have had specific vendor management guidance to follow for decades. Each of the primary financial institution regulatory bodies have issued specific requirements for working with third parties. To avoid costly fines, reputation risk, and consumer harm, it is essential vendor management be embedded in all lines of business. Siloed approaches to vendor management are a thing of the past.
This program provides a thorough review of the basic requirements and guidance for sustaining a compliant and risk-based program.
Topics include:
- Third-party vendor and Compliance Risk
- The essential elements every vendor management program should have
- The most common vendor management missteps
- Ways to reduce risk across the vendor management lifecycle
Kimberly Boatwright is EVP and Director of Risk and Compliance at Compliance Resource, LLC and has more than a two decades of experience working in the financial services industry. Ms. Boatwright is a well-regarded financial industry risk and compliance professional with a strong background in program development and implementation. She is a thought leader who specializes in Fair Lending, Anti-Money Laundering, OFAC and consumer compliance. During her career she has worked for and consulted with all types of financial institutions helping to establish and evolve compliance and risk programs. She is a frequent public speaker, trainer, and author on compliance and risk management topics. Kimberly is a Certified Regulatory Compliance Manager and a Certified Anti-Money Laundering Specialist.