Due Diligence and Ongoing Monitoring

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  • 1.  Employment Agency

    This message was posted by a user wishing to remain anonymous
    Posted 02-20-2023 08:20 AM
    This message was posted by a user wishing to remain anonymous

    We are trying to create our vendor management program. I'm from a FI and wondering if HR employment agencies should be included in our program. 



  • 2.  RE: Employment Agency

    Posted 02-21-2023 10:15 AM

    It first depends on your definition of a vendor. Once you have that identified, then you can look at your population and make decisions. If you are heavily reliant on employment agencies you may end up ranking them something more than no impact. Also, what information are you sharing? Is it potentially corporate confidential information? A number of things to consider here.



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    Mark Ewert, CPCU, CIC
    Director Vendor Management
    Penn National Insurance
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