Michael
Masterson
Vice President
Vendor Risk Administration
UNION BANK
San Francisco, California
As organizations become more reliant on external vendor
relationships to provide products and services in order to remain
competitive and drive down costs, this shift in structure creates
additional risk exposures. In addition to a general discussion of
the importance and basic requirements of any vendor risk management
program, this session will look at some of the tools and resources
available. From a practitioner’s perspective, Michael will share and
attendees will learn the challenges financial institutions
experience in moving from decentralized to centralized vendor risk
management programs and how to overcome them.