Vendor Management Program: How Model Risk Fits In

Date:

May 15, 2025

Register

Thursday, May 15th, 2025
11:00 am - 12:30 pm EST

With financial institutions increasingly relying on third-party providers to offer their products and services, the associated risks also rise. This educational session will guide you through best practices for developing a simple yet comprehensive Vendor Management Program and a Model Risk Management Program.

Agenda
  • Integrate Vendor Management within Enterprise Risk Management
  • Understand Vendor Management Program Components
  • Develop Vendor Management Policies and Procedures
  • Conduct Effective Vendor Due Diligence
  • Perform Vendor Risk Assessments with Examples
  • Monitor and Report Assessment Results
  • Define Model Risk and Its Impact on Your Institution
  • Follow OCC SR Letter 11-7 with Step-by-Step Guidance
  • Establish a Model Risk Management Program
  • Identify Examples of Model Risk and Their Effects
  • Example of Model Risk Assessment
Speaker(s)

Marcia (“Marci”) Malzahn is the founder and inspirational keynote speaker at Crowning Achievements International—inspiring and educating emerging leaders in the financial services industry. She is also the president and founder of Malzahn Strategic providing management consulting services to community financial institutions. Marci has 30 years of banking experience, ten of those years as the EVP/CFO/COO of a community bank she co-founded.

Marci speaks frequently at industry conferences and association events as well as leadership and women’s conferences; is a published author of five books, and the recipient of several professional awards. As a Certified Virtual Presenter, Marci also provides online and onsite training for financial institutions. Marci is a certified life coach and Certified Community Bank Director. She holds a B.A. in Business Management from Bethel University and is a graduate and faculty of the Graduate School of Banking in Madison, Wisconsin.

Additional Information

Who Should Attend?

This session is ideal for vendor management program managers, chief risk officers, risk managers/leaders, chief credit officers, chief financial officers, compliance officers, internal auditors, IT personnel, and presidents involved in the risk management process and their ERM program.

Fees

$299.00 or 1 Token

Available Upgrades

  • 12 Months OnDemand Playback $120.00
  • 12 Months OnDemand Playback + Digital Download $150.00
  • Additional Live Access $95.00 per person
Association Contact

Brooke McCormack
Education Meeting Coordinator
bmccormack@indiana.bank
317-387-9380