Third-Party Risk Management (TPRM) Program

Document Name: Third-Party Risk Management (TPRM) Program

Overview: Third-Party Risk Management (TPRM) Program that includes measures for building a highly-effective TPRM program for assessing and monitoring all relevant third-parties with a formalized and documented due-diligence (both for initial vetting and continuous monitoring) process.

Specifically, the document includes the following sections: 

(1). Overview. (2). Phase I: Risk Based Approach. (3). Phase II: Define Risk and Appropriate Level of Due-Diligence for Identified Parties. (4). Phase III: Performing Due-Diligence (See Appendices to Use). (5). Vendor Management Program. (6). Appendices

Compliance Mapping: Can be used for any compliance framework that requires a TPRM program to be in place.

Document Format: Microsoft Word.

Length: 58 pages.