Policy, Program, and Procedures

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Welcome to the Policy, Program, and Procedures Community. Here you will find the latest discussions and resources that can help you in this area. This community focuses on creating a policy, program, and procedures; best practices; ideas; tips; guidance; how to implement; and more. Note: You will need to Sign In to join in the discussions and access resources. 

About Third-Party Risk Policy, Program, and Procedures: Successful vendor risk management requires a fully documented set of practices. Regulators and examiners expect you to have three written documents – a policy, program, and procedures. These documents must be updated at least annually or more frequently as guidance changes or significant organizational changes occur. And, it’s important the work product produced matches what the policy and program documentation says.  

Latest Discussion Posts

  • This message was posted by a user wishing to remain anonymous I am the Vendor Manager for a bank, so it's not quite the same. We are highly regulated so my department is constantly under scrutiny. Over my years in Vendor Management, I have reported ... More

  • This message was posted by a user wishing to remain anonymous Hi, I am a compliance manager working for a FTSE100 company responsible for the vendor onboarding and management (among other responsibilities). I was given a freedom to develop and embed ... More

  • This message was posted by a user wishing to remain anonymous Hi All, Since 2 years, I am vendor manager in a growing mid-size Clinical Research Organization (CRO) and am responsible for setting-up and improving the processes for vendor management ... More

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    Procedure template

    Would anyone provide a template for your company's procedures? More

  • Hi There, It sounds like you have a great process in place to train your business and contract owners. I would like to offer some additional resources that may be helpful. Training New Vendor Owners Checklist How to Engage, Educate and Enable ... More

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