Third Party Manager - Role Based Course
Course Overview
As a Third Party Manager, you are responsible for setup & managing due diligence activities, performing risk assessments & monitoring assessments.
Level – Advanced
Course Duration – 3.5 Hrs of Training Content
Course Completion Requirement – 2 weeks from date of assignment
Pre-requisites: Familiarity with Third Party Risk concepts
Course Objectives
At the end of this course, you will:
- Understand how to navigate the TPRM app
- Understand the different roles in the TPRM app
- Create a request to onboard a new Third Party/Service
- Initiate the Due Diligence Process
- Complete Due Diligence Process and Onboard Third Party
- Terminate Onboarding Process / Offboard Third Parties
- Monitor Third Parties
- Capture and address Third Party Issues
- Administer and manage the TPRM app
Course content
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Lesson TPRM: Planning and Process Definition
Helps the organizations to define a process to qualify, segment, and rank third parties by sequencing appropriate self-assessments and questionnaires based on the rules. Planning and process defini...
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Lesson TPRM: Segmentation and Due Diligence Assessments
Allows the respondents to respond to the assessment questions based on the questionnaire. Once the third party engagements are approved, the first survey assessment of the associated due diligence ...
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Lesson TPRM: Issues
Helps reporting issues along with defining an action plan to address the problems.
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Lesson TPRM: Continuous Monitoring
Helps you facilitate a continuous monitoring process through relevant periodic risk assessment tasks that can be automated based on the due diligence results.
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Lesson TPRM: Product Setup
MetricStream components can be tailored to specific requirements of an organization in different ways. This unit covers the most common requirements and functions performed by an 'Apps Administrato...
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Lesson TPRM: Practice (4 Hours)
Please reach out to your trainer for credentials to the practice instance before starting this unit.
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Lesson TPRM: Assessment & Certification
Thank you for completing this TPRM Course. Kindly reach out to your instructor at [email protected] for access to the following certification assessments: