Approx Length: 1 hour

This course provides an overview of the risk considerations associated with the selection, engagement, oversight, and termination of vendors by a bank, plus a perspective on the current regulatory expectations.What You'll Learn:After completing this course, you should be able to:

• Know why financial institutions use third parties and the typical services provided
• Understand typical risk areas and the regulatory content
• Outline the methodology for risk categorization
• Describe the stages in the vendor relationship life cycle
• Identify documentation and record keeping requirements

How To Access Your Course

Upon enrollment, you will receive an email from the course provider (CFTEA.org) with links and passwords to access your course. You will have full access to the course and it's modules for one full year.