Managing your Third Party Due Diligence

Stay ahead of the regulatory curve with this comprehensive webinar focusing on SEC guidelines for managing third-party vendor due diligence. As investment advisory firms increasingly depend on third-party vendors for essential services, the SEC has heightened its expectations for oversight and risk management in this area.

Attendees of this webinar will learn to navigate the complexities of third-party vendor management, from understanding the depth and breadth of due diligence required by the SEC to developing efficient strategies for ongoing vendor evaluation. Furthermore, we'll explore real-world scenarios of regulatory challenges and how to avoid them. This webinar is a powerful tool for investment advisors seeking to solidify their firm's compliance while optimizing vendor relationships

Why Should You Attend:

In a regulatory environment that's becoming increasingly stringent, do you have all the necessary knowledge to manage third-party vendors effectively and in compliance with SEC regulations? The SEC's focus on third-party management has intensified in recent years, with failure to comply leading to severe penalties, increased scrutiny, and reputational damage.

Remember the infamous incidents of data breaches and the resulting hefty fines due to inadequate third-party risk management? You surely wouldn't want your firm to be the next headline. Regulatory oversight isn't just about avoiding penalties - it's about securing your firm's reputation and financial health.

This training session offers you the opportunity to be proactive rather than reactive. We'll help you understand how to approach third-party due diligence and manage your vendors effectively while ensuring compliance with SEC regulations. It's not just about understanding the rule changes; it's about adapting your processes to these changes to safeguard your firm's interests. So, are you ready to arm yourself with the necessary insights to enhance your firm's compliance posture and manage third-party risk effectively?

Areas Covered in the Webinar:

• Overview of SEC regulations:
  • Understand the key regulations surrounding third-party vendor management in the context of investment advisory firms.
• Risk Assessment:
  • Learn how to identify and assess potential risks associated with third-party vendors and understand the depth of due diligence required by the SEC.
• Vendor Selection Process:
  • Explore best practices for choosing third-party vendors, from initial screening to contractual agreements.
• Ongoing Vendor Management:
  • Discover strategies for managing ongoing relationships with vendors, including performance monitoring and contract compliance.
• Incident Response Planning:
  • Develop an effective incident response plan, focusing on the role of third-party vendors in potential security breaches or other incidents
• Audit and Review Process:
  • Understand how to conduct effective audits of third-party vendors and maintain proper documentation for regulatory review.
• Regulatory Change Management:
  • Understand how to adapt and evolve your third-party vendor management strategies in response to regulatory changes, ensuring continued compliance with SEC guidelines.
• Future Outlook:
  • Discuss future trends in third-party vendor management and potential changes to SEC regulations in this area.

Who Will Benefit:

• Chief Compliance Officers (CCOs)
• Compliance Managers
• Compliance Consultants
• Finance Students
• Chief Information Security Officers (CISOs)
• Risk Managers
• IT Managers or Directors
• Compliance Managers or Directors
• Operational Risk Managers
• Vendor Management Specialists
• General Counsels
• Chief Operations Officers (COOs)
• Chief Executive Officers (CEOs) of smaller RIAs

Lisa M Marsden
President and Founder, Coulter Strategic Services, LLC

Lisa M. Marsden, IACCP ®, is the President and Founder of Coulter Strategic Services, LLC. Coulter Strategic Services, LLC provides Financial professionals and compliance consulting firms with compliance and project management services and customized compliance training.

Coulter Strategic Services, LLC also provides financial regulatory compliance education to advisory firms, industry conferences, webinars and at the collegiate level for those seeking financial degrees.

Prior to starting Coulter Strategic Services, LLC, Lisa was a partner and member of the C-Suite at Financial Advisory Firms in Florida. She holds a degree in computer programming from Keiser University and the Investment Advisor Certified Compliance Professional Designation and is a CFA Investment Foundations Certificate Holder.

Lisa proudly served as the 2017 President of the Financial Planners Association of South Florida and was a Board member for several years. Lisa is currently a member of the FPA of South Florida, CFA Society of South Florida, Florida Securities Dealer Association and the National Society of Compliance Professionals.

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