Event Details*
Monday, February 03, 2025
On-Demand; 1.2 AAP/APRP CEU Eligible
Level: Intermediate
Event Registration**
Member Price: $200
Non-Member Price: $350
**With the $200 registration, members can register an unlimited number of participants from their organization. All participants must be registered simultaneously. To access this pricing, log in as a member and choose ‘Manage Group Registration for Company.’
In June 2022, the Federal Reserve, FDIC, and OCC issued guidance on managing risks with third-party relationships. As these relationships become more complex, it's important for financial institutions to manage the risks associated with their service providers and partners.
In this session for payment managers, NEACH will explore the manager's role in vendor management. Your financial institution's vendors should not be managed in isolation, but this often happens in the real world. An effective vendor management program can help synchronize this and inform managers of their roles.
Departments throughout the institution likely maintain relationships with vendors and may own the formal vendor management process. Those who regularly interact with vendors' products and services are in the best position to assess their performance and manage the relationship.
This session will help managers understand their role in vendor management by defining various payment-related vendors (including third parties), exploring vendor life cycle management, examining vendor performance management, detailing third-party risk management, and exploring vendor opportunities and rewards.
Attendees will:
• Discuss the requirements of Service Provider management.
• Identify areas of improvement.
• Recall key guidance's that apply to management of Service Providers
Speaker:
• Joe Casali, AAP, APRP, Executive Vice President, NEACH
*Please note that the access information will be sent to you in a separate email upon receipt of payment. Access information and support are only provided during normal business hours.
**With the $200 registration, members can register an unlimited number of participants from their organization. All participants must be registered simultaneously. To access this pricing, log in as a member and choose ‘Manage Group Registration for Company.’