Hundreds, thousands, or tens of thousands of third-party relationships power your institution every minute of every day. Done well, third-party relationships deliver what you contracted for while bringing more opportunities to innovate. But they also expose your institution to additional cyber, business continuity, BSA-AML, and model risks. In Third-Party Risk Management: Driving Enterprise Value, author Linda Tuck Chapman provides a guide to optimizing third-party due diligence, controls, and monitoring so your institution can maximize value from the “mini operational and cultural ecosystems” that are third-party relationships.
Linda Tuck Chapman is a recognized subject matter expert, trusted advisor, educator, and popular speaker. She is president, Ontala Performance Solutions Ltd., and has served as chief procurement officer for BMO Financial Group, Fifth Third Bank, and Scotiabank Group. She is former CEO, Ontario Education Marketplace, and has held leadership roles in the financial services sector. Linda’s thought leadership is strengthened by active engagement in executive networks and professional associations, and is frequently profiled in industry-leading publications such as The RMA Journal, The Wall Street Journal, and Outsource.
The book consists of three parts:
Part 1 – Driving Total Alignment
Part 2 – Key Drivers of Inherent Risk
Part 3 – Driving Best Value
Item Number: 10.6434