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Vendor Management: Agencies Raising Expectations, Plus Recent Developments

Dealing with vendors and other third parties brings with it many requirements and responsibilities on the part of the financial institution, especially in this day and age of artificial intelligence. We'll discuss how to best fulfill those responsibilities and effectively manage these relationships.
Upcoming
DATE

Wednesday, September 2, 2026
11:00 am - 1:00 pm

INSTRUCTOR

Carl Pry

FORMAT

Webinar

CREDIT TYPE

2.5 CRCM Credits

$299.00 or 1 Token

Includes: Live Access, 30 Days OnDemand Playback, Presenter Materials and Handouts

  • Artificial Intelligence (AI)
  • Auditing
  • BSA
  • Collections
  • Commercial/Business Lending
  • Compliance
  • Deposit Compliance
  • Fraud
  • General Compliance
  • Information Technology/Security
  • Lending Compliance
  • Mortgage Lending
  • Reporting
  • Risk Management/Legal
  • Technology/Security
  • Bank Legal Counsel
  • Bank Secrecy Act Officer/BSA Specialist
  • Board Member
  • Compliance Officer
  • Internal Auditor
  • IT Professional
  • Mortgage Lender
  • Risk Manager
  • Security Officer
  • Senior Management

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The regulatory agencies issued revised final guidance on managing the risks of third-party relationships (called Third-Party Risk Management or TPRM), signaling more intense scrutiny on financial institutions’ involvement with vendors and other third parties. This reflects the fact that vendor management has been an important issue for a long time, but it is apparent that expectations are increasing, especially as banking goes more digital.

Increasingly financial institutions need the expertise of other entities and professionals. The rise of fintech companies and their participation in the banking industry, as well as the increasing implementation of artificial intelligence into financial services, has changed the landscape of risk in important ways, and financial institutions need to adapt.

We’ll discuss both the guidance and what regulators’ expectations are, and how to best maintain your vendor management program. We’ll provide many real-world examples to illustrate these concepts and discuss best practices and recommendations. We’ll also review the latest developments and specific issues and go over the elements of a successful vendor management program in any institution, from vendor selection to contracting to monitoring to termination of the relationship.

What You'll Learn

  • What You'll Learn to be Added.
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    • Who Should Attend

    This session is ideal for anyone in the institution responsible for dealing with third parties, including vendor selection, management, ongoing monitoring, and termination of these relationships.
    Carl Pry

    Instructor Bio


    Carl Pry is a Certified Regulatory Compliance Manager (CRCM) and Certified Risk Professional (CRP) who is a Senior Advisor for Asurity Advisors in Washington, DC. Through his more than 35-year working career, as well as through his experience as a banking attorney and officer, he has provided a variety of regulatory compliance and financial performance services to financial institutions and other clients throughout the country. He has written extensively regarding consumer and commercial compliance, tax, audit, and financial institution legal issues, and is a frequent contributor to and currently serves as the Chair of the Editorial Advisory Board for the ABA Bank Compliance magazine. He has spoken at scores of banking, compliance, and state bar associations, and has conducted training sessions for financial institutions across the country.


    Continuing Education Credit Information

    Vendor Management: Agencies Raising Expectations, Plus Recent Developments has been approved for 2.5 CRCM credits. This statement is not an endorsement of this program or its sponsor. Credits are redeemable for both Live and OnDemand viewing. For questions on certificates, please email support@oncourselearning.com. Certification holders must report these credits at https://aba.csod.com.

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