Fifth Third Bank
38 Fountain Square Plaza
Cincinnati, OH 45202
Wednesday, November 2, 2022, 1:00 pm to 5:00 pm, dinner ~6:30 pm – 8:30 pm;
Thursday, November 3, 2022, 8:00 am to 4:00 pm
Third-party risk management continues to be an area of heightened supervisory focus. Increasing dependence on third-party relationships exposes financial institutions to new and serious risk and compliance issues, so minimizing exposure to financial, legal, regulatory, operational, and reputational risk is more critical than ever.
Financial institutions need to keep in mind that by hiring third parties, they do not outsource the risk. It is important to have proper due diligence and oversight processes in place as third parties are subject to the same cyber and many other risks banks face. Since 2014, RMA hosts peer-sharing sessions to help SMEs find ways to mitigate risks associated with third-party risk management.
This peer-sharing event is designed for the financial services Chief Procurement Officers (CPOs) and third-party risk management directors. It provides an opportunity to share best practices, technologies, challenges, and solutions for vendors and non-vendors.
WHAT IS ON THE AGENDA?
We’re actively building the agenda with a steering group (peer banks) and registered participants. However, topics will likely include:
• Current Observations and Trends
• Evolving Practices and Challenges
• Solutions for Workload Management
• Assessments and Oversights of Fourth and Nth Parties
• Emerging Risks (e.g., cyber, climate, cloud, resiliency)
• Recent Regulatory Focus
WHO WILL BENEFIT?
The target financial institution is above $40 billion in assets. We recommend attendees to be Heads, Directors, or equivalent managers of Third-Party Risk Management teams and their delegates. We recommend no more than two registered participants per institution attend.
This is generally an RMA member-specific event. Other financial sizes, titles/positions, or professional RMA members can be considered by RMA approval only. For requests or for any questions, please email ORMERM@rmahq.org before registering.
This roundtable is hosted at Fifth Third Bank. Entrance location and conference room details will be provided to registrants in advance. We recommend you plan to arrive 30-minutes in advance of the start time to be processed by security.
Recommended Nearby Hotels
Holiday Inn & Suites Cincinnati Downtown, 701 Broadway St, Cincinnati, OH 45202
Hilton Cincinnati Netherland Plaza, 35 W 5th St, Cincinnati, OH 45202
AC Hotel by Marriott Cincinnati at The Banks, 135 Joe Nuxhall Way, Cincinnati, OH 45202
Hyatt Regency Cincinnati, 151 W 5th St, Cincinnati, OH 45202