‘Tech Solutions Webinar Series’: Manage 3rd-Party Vendor Risk

The new Tech Solutions Webinar Series — powered by ViClarity — is kicking off this year! This is an exclusive opportunity for California and Nevada Credit Union Leagues’ members to fortify their Governance, Risk, and Compliance (GRC) strategies in 2024.

These insightful quarterly webinars promise to revolutionize your GRC approach, helping you implement strategic changes with a lasting impact on your credit union’s success.

The first webinar will focus on Managing Third-Party Risk with an Efficient Vendor Management Process on February 15 at 11:30 a.m. (Pacific). You can explore vendor management best practices, crucial considerations, and cutting-edge technology solutions that will empower you to navigate this critical facet of your business.

Credit unions rely heavily on third-party vendors to ensure the seamless day-to-day operations of the organization. Managing these relationships and the related due diligence, oversight, and compliance obligations can be a huge undertaking. This insightful session will spotlight vendor management best practices, essential considerations, and cutting-edge technology solutions to successfully navigate this vital aspect of your business.

Managing Third-Party Risk with an Efficient Vendor Management Process (on February 15 at 11:30 a.m. Pacific) will delve into:

• National Credit Union Administration (NCUA) supervisory expectations concerning vendor due diligence processes.
• Common audit findings, including instances of non-compliance with consumer protection regulations.
• Inherent risks associated with a disorganized vendor management process.
• ViClarity’s platform, which helps credit unions evaluate, monitor, collaborate with and report on vendors in one centralized system.

Speakers include:

• Carrie Helmle, senior director of audit services for ViClarity.
• Ash Omar, vice president of sales and marketing for ViClarity.
• Joe Keller, vice president of membership and credit union solutions for the Leagues.
• Joyce King, manager of credit union solutions for the Leagues.

ViClarity’s team of compliance and risk experts stand behind their configurable, easy-to-use technology solutions that help credit unions reduce manual processes and meet regulatory requirements. This Tech Solutions Webinar Series will guide you through audit, risk and compliance scenarios and provide practical solutions to help you prepare for examiners and operate more efficiently.

If you have any questions about the Tech Solutions Webinar Series — or the Managing Third-Party Risk with an Efficient Vendor Management Process webinar on February 15 — please email Joyce King or Joe Keller.

Keep an Eye Out for Upcoming Sessions
Credit union compliance professionals — STAY TUNED! More Tech Solutions Webinar Series sessions are forthcoming as you work to elevate your credit union’s compliance program in 2024:

• Transform Your Compliance Program from Reactive to Proactive (coming May 2024) — Centralize and automate task tracking across your teams and branches to gain clarity on successes and weaknesses. Manage corrective actions and real-time reporting for a proactive compliance approach.
• Streamline Risk Management & Find Peace of Mind (coming August 2024) — Efficiently streamline your credit union’s risk management processes to maintain focus on your mission and member service, achieving peace of mind in the process.
• Minimize Human Error: Replace Spreadsheets & Emails with Audit Management Software (coming October 2024) — Discover ViClarity’s robust audit management software, designed to collect, verify, and process internal and external data and findings. Identify areas of non-compliance swiftly and move towards mitigation with confidence.

Access the ‘Compliance Hotline’
Your League-member benefits include the Compliance Hotline — providing exclusive access to dedicated compliance experts:

• 844-731-6072
• CANV@viclarityus.com

Using the above phone number and email address, you can gain access to a knowledgeable team that’s ready to address all your credit union’s compliance inquiries — promptly and efficiently. With the Compliance Hotline, you can proactively respond to impromptu questions and issues by getting clarity and insight on technical topics that normally slow you down. We want to help you unlock the full potential of your League membership by leveraging the resources and support you need to navigate the complex world of compliance effortlessly. We’re ALWAYS just a phone call or email away!

Additionally, other League-member compliance resources include:

• ViClarity
• CU PolicyPro
• ComplySight
• InfoSight
• CU Store
• Record Retention Guide
• GRC Technology Solutions

For more information, email Lisa Quaranta.

Powered by ViClarity, a California and Nevada Credit Union Leagues company.