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Covered Topics
- How Vendor Management Program fits in within Enterprise Risk Management
- Vendor Management Program Components
- Vendor Management Policy and Procedures
- Vendor Due Diligence
- Example of Vendor Risk Assessment
- Monitoring and Reporting Assessment Results
- Definition of Model Risk and how it applies to your Institution
- The OCC SR Letter 11-7 – A Step by step explanation
- Examples of Model Risk – How it affects your institution
- Example of Model Risk Assessment
- How to establish your own Model Risk Management Program