Vendor Due Diligence

Vendor due diligence has become a major aspect of credit union operations. Keeping track of all the different vendors used by a credit union- including the appropriate documentation for each vendor, can seem overwhelming. This session is designed to provide an overview to the elements of a strong credit union vendor due diligence program. While primarily presented as an introduction, seasoned compliance professionals can benefit from the information discussed.

Covered Topics

  • Elements of a Vendor Management Program
  • Risk Rating
  • Required Documentation
  • Best Practices for Due Diligence
  • Vendor Due Diligence Tips and Resources

Who Should Attend?

  • Risk Management Officers
  • New Compliance Officers
  • Compliance, legal, risk management staff