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The 3 Vendor Risk Management Frameworks

There are three vendor management models that we typically see: centralized, decentralized and a hybrid approach. These allow the vendor risk manager to set standards while allowing for communication through the relationship manager and on to the vendor.
Understanding the key roles involved in third-party risk management is important to you and your organization. Learn their responsibilities and how they fit into your third-party risk management program.
In this podcast we’ll discuss four important vendor risk management frequently asked questions for beginners. You'll learn what vendor risk management is, why it’s important, who is involved and how vendor risk management is completed.
Throughout this interview, Tom Rogers defines the characteristics that make up a fourth-party vendor and uncovers the steps to manage them. Listen to this interview to learn about fourth party due diligence, regulations, and best practices.
In this informative podcast, learn 4 key recommendations to implement in your third-party risk management programs to mitigate and manage vendor risk this upcoming year.
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