Vendor and Third-Party Due Diligence Webinar


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Vendor & Third-Party Due Diligence Webinar

July 28, 2010
1:00 p.m. – 2:30 p.m. MST

$159 Webinar Only

$159 CD Only

$179 Webinar and CD

Managing vendor contracts and relationships is becoming more difficult. Every day, credit unions use a wide array of outside vendors, or third parties, to perform services ranging from janitorial to data processing. In addition, regulators are placing more emphasis on the credit union’s management of vendor contracts, due to concerns about the security of member information and the potential risk of a vendor’s nonperformance. How should your credit union respond if a vendor absconds with sensitive data (or simply loses it)? If a vendor breaches contract, what should your credit union do? Do your vendor contracts adequately protect your credit union? This session will thoroughly explain the legal aspects and proper management of vendor contracts.

HIGHLIGHTS

Regulator expectations of vendor contracts
Due diligence processes in selecting vendors/third parties
Proper management of operational, reputation, strategic, and compliance risks
Effective ongoing monitoring of vendor services
Contract negotiation: What terms should be included and the things to avoid
Other legal issues

Presenter: Elizabeth Fast, JD & CPA
Elizabeth Fast, Esq. is a partner with Spencer Fane Britt & Browne LLP where she specializes in the representation of financial institutions. Elizabeth is the head of the firm’s training division known as Bankers Choice. She received her law degree from the University of Kansas and her undergraduate degree from Pittsburg State University. In addition, she has a Master of Business Administration degree and she is a Certified Public Accountant. Before joining Spencer Fane, she was General Counsel, Senior Vice President, and Corporate Secretary of a $9 billion bank with more than 130 branches, where she managed all legal, regulatory, and compliance functions. She is a member of the Missouri State Banking Board by appointment of the Governor.

Get Connected: It’s as easy as 1 - 2 - 3

Fill out the information below and submit registration.
Prior to the conference, you will receive a special instruction sheet outlining the computer login and telephone dial-in procedures, your password, a specific toll-free telephone number and handout materials.
On the day of the conference gather all the attendees around your computer and speakerphone, distribute copies of the handout material, and enjoy the conference.

Cancellation/Payment Policy: Substitutions are always welcome. No-shows and cancellations received five days or less prior to the event will be invoiced for the full registration fee. Please do not send payment; your credit union will be billed. Password information and materials will be e-mailed 48 hours prior to the session.