Vendor Due Diligence
14apr9:00 amVendor Due Diligence
Event Details
RELEASE DATE: APRIL 14, 2025ANTICIPATED DURATION: 60 MINUTES Understanding the key components of a strong vendor due diligence program
Event Details
RELEASE DATE: APRIL 14, 2025
ANTICIPATED DURATION: 60 MINUTES
Understanding the key components of a strong vendor due diligence program is essential for managing third-party risk in credit unions. This webinar will explore the critical elements your program should include, such as risk assessments, planning, due diligence, ongoing risk monitoring, and policies, all within the framework of NCUA guidance. We will also discuss how to identify critical vendors. This session will provide valuable insights into structuring an effective due diligence framework. Ensure your credit union is equipped to manage vendor risks while maintaining operational resilience.
SUBJECT MATTER EXPERT:
Tiffany Villagomez is a Compliance Officer with ViClarity. Her credit union career started in 2013 and she has held many roles within the industry, from frontline teller to executive administrative assistant, to compliance specialist and compliance officer. She has also supported the credit union movement by serving as a Chapter Board Member and Young Professional alum for the league in the great state of Texas. Tiffany has extensive knowledge in board governance, operations, BSA and regulatory compliance. She currently provides state and regulatory compliance assistance and training to ViClarity’s affiliated leagues and partners, helping credit unions nationwide.
ViClarity (formerly PolicyWorks) serves credit unions by assisting them in maintaining regulatory compliance, soundness, and overall strength. With its comprehensive features in technology, compliance, audit, and risk management, ViClarity is a pivotal resource for credit unions seeking excellence in their operations.
LEARNING METHOD This training is available as an on-demand webinar, organized into chapters. Learners can choose to watch individual chapters or complete the entire program. Unlimited testing is provided as the last chapter.
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Time
April 14, 2025 9:00 am(GMT-06:00)