Independent Consultant Policy
This Independent Consultant Policy addresses how a bank, credit union, fintech company, or other type of financial institution conducts appropriate due diligence to ensure that an independent consultant performing a functional engagement has the necessary expertise and resources to provide the needed services.
Table of Contents
- Purpose and Contents – Topic 1
- Policy Statement – Topic 2
- Regulator Assessment – Topic 3
- Submission Standards and Procedures – Topic 4
- Oversight of the Engagement – Topic 5
- Audit Policy – Topic 6
- Staff Training – Topic 7
- Retention of Documentation – Topic 8
NOTE: This product is intended to be a supplement to a financial institution’s vendor management policy. For a complete solution, please refer to our Vendor Management Program Policy which contains the full text of this template in addition to other related regulatory guidance.
This Independent Consultant Policy (approximately 8 pages) is available to purchase from BankPolicies.com in Microsoft® Word format.
Product Update Protection Plan
Ensure your purchase from BankPolicies.com remains current by adding a Product Update Protection Plan to your shopping cart. You’ll automatically receive an updated version via e-mail every time it’s revised, within one year from the last date of purchase.
We’re Here to Help
BankPolicies.com provides digital access to over 500 professional bank policy, job description, and form templates for automatic download.
BankPolicies.com keeps your financial institution up to date with the latest bank policy standards and industry best practices. Purchase your bank policies from us today and rest easy knowing you have the right team helping you and your organization stay compliant. We are ready to earn your business for all of your bank policy needs. Order your policy template today.
