Webinar Description
Key Takeaways
- Explores practical approaches to Third-Party Risk Management (TPRM) governance and controls
- Examines the alignment between governance frameworks, operating models, and control execution
- Highlights strategies for designing, implementing, and monitoring risk-based TPRM controls
- Discusses organizational structures and sourcing models for effective TPRM
- Addresses regulatory pressures and operational risk in complex third-party ecosystems
As third-party ecosystems expand and regulatory expectations intensify, organizations face mounting challenges in managing operational risk and maintaining transparency. The evolving landscape demands a more sophisticated approach to governance and control structures, particularly for those responsible for Third-Party Risk Management (TPRM).
Understanding TPRM Governance and Controls
This webcast offers a focused exploration of TPRM governance and controls, providing attendees with a structured perspective on how to establish clear ownership, enable effective oversight, and implement robust control mechanisms throughout the third-party lifecycle. The discussion moves beyond theory, examining how governance frameworks are operationalized into day-to-day practices and why alignment between governance, operating models, and control execution is essential for sustainable risk management.
Translating Frameworks into Practice
Industry leaders increasingly recognize that effective TPRM is not just about having policies in place, but about ensuring those policies are embedded into operational models and supported by actionable controls. The session delves into how governance frameworks translate into practical operating models, emphasizing the importance of clear accountability and oversight in managing regulatory scrutiny and third-party risk exposure.
Designing and Monitoring Risk-Based Controls
Participants will gain insight into the principles of risk-based control design and assessment, learning how to tailor controls to the complexity of their third-party environments. The webcast addresses the full lifecycle of third-party relationships, from onboarding to ongoing monitoring, and highlights how robust controls support transparency, compliance, and risk mitigation.
Organizational Models and Strategic Sourcing
One of the session’s focal points is the evaluation of organizational and sourcing models for TPRM. Whether organizations choose in-house, external, or hybrid approaches, the discussion considers the operational and strategic implications of each model. Attendees will be equipped to assess which structure best supports their governance and control objectives in the context of their industry and risk profile.
Why This Topic Matters Now
With third-party relationships becoming more integral—and more scrutinized—across sectors, the ability to demonstrate effective governance and control is increasingly a differentiator. Regulatory bodies expect organizations to show not only that they have frameworks in place, but that those frameworks are actively managed and adapted to emerging risks. This session provides timely guidance for professionals seeking to strengthen their TPRM programs amid growing complexity and oversight.