Policy, Program and Procedures

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

  • Profile Picture

    RE: Remote workers Video

    This message was posted by a user wishing to remain anonymous I agree with the previous poster about keeping it optional where possible. There are a lot of articles out there now about how video meetings are more mentally exhausting than in-person meetings ... More

  • It should be whatever people are comfortable with in my opinion. My team uses MS Teams extensively and we sometimes have cameras on. Some people have less broadband width than others and feel that having their camera on can slow things down. When we ... More

  • ​Without directly answering the question about whether or not you should make it mandatory, we've rolled out Teams and I can share that video elevates the call experience and level of connectedness. Its easy for people to get distracted with emails and ... More

  • Here are my thoughts and things to consider: What is the purpose behind making video mandatory? Is it being used as authentication that you are speaking to who you think you are speaking to? Maybe to make sure they aren't in their PJ's? Small zoom meetings ... More

  • Hi, We are in the middle of implementing Microsoft Teams for our remote workers. We are wondering if we should make video mandatory ? Also what are the advantages of having employee turn their cameras on when attending zoom meetings.how is your company ... More

ThinkTank Announcements

  • Community Update - 1,000 Members

    Hi Everyone, I want to share some very exciting news with you all. We have reached 1,000 community members! This is a milestone we’re very proud of and it’s all thanks to the fantastic third-party risk conversations you all are having every day. As always, please let me know if you have any thoughts ... More
  • COVID-19 Resources Page

    Hi Everyone,   With the COVID-19 pandemic upon us, organizations are implementing their pandemic plans, many employees are working remotely and changes in vendor management are rapidly occurring. In the industry, it has raised lot of questions about pandemic planning and best practices and reminds ... More
  • Happy New Year - We Want Your Feedback!

    Happy New Year ThinkTank members! We hope you've found the community discussions this past year to be enlightening and engaging. As we head into 2020, we want to hear your thoughts and feedback as it'll help us continue to understand what you'd like to see more of in the Third Party ThinkTank Community. ... More
  • Community Update - 600+ Members

    Hi Everyone, I wanted to provide an exciting update! The community has now surpassed 600 members and we see wonderful discussions going. We hope you’re finding them valuable. It’s our goal to always provide you a dedicated space to network, collaborate and stay educated. As we continue to grow ... More