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Take advantage of ICBA webinars, seminars, and other events to help you stay ahead of the competition. We offer a variety of courses to fit every need and schedule.

Vendor Management Program – How Model Risk Fits In

HELLO WORLD

Start: August 21, 2025 12:00 AM CST

Finish: August 21, 2025 12:00 AM CST

As financial institutions increasingly rely on third-party providers, the associated risks also grow. This educational session will guide you in developing an effective Vendor Management Program and a Model Risk Management Program. Explore the necessary due diligence, from core systems to technology-dependent banking products, and gain practical insights on integrating these programs within your Enterprise Risk Management (ERM) framework for robust risk management. By the end of the session, you will clearly see how Vendor Management and Model Risk Management align with your ERM program.

Key Learning Objectives:

  • Integrate Vendor Management into Enterprise Risk Management and understand its components.
  • Develop effective Vendor Management policies and procedures.
  • Conduct thorough vendor due diligence.
  • Perform vendor risk assessments with practical examples.
  • Monitor and report assessment results.
  • Define model risk and its impact on your institution.
  • Follow OCC SR Letter 11-7 with step-by-step guidance.
  • Establish a Model Risk Management Program.
  • Identify examples of model risk and their effects.
  • Analyze a model risk assessment example.

Duration: 90-minutes

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Upcoming Events

Webinar

Vendor Management Program – How Model Risk Fits In

Aug 21, 2025

As financial institutions increasingly rely on third-party providers, the associated risks also grow. This educational session will guide you in developing an effective Vendor Management Program and a Model Risk Management Program. Explore the necessary due diligence, from core systems to technology-dependent banking products, and gain practical insights on integrating these programs within your Enterprise Risk Management (ERM) framework for robust risk management. By the end of the session, you will clearly see how Vendor Management and Model Risk Management align with your ERM program.

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