Vendor Management Program Policy

$375.00

This Vendor Management Program Policy Template is intended to ensure the risk management processes of a bank, credit union, fintech company, or other type of financial institution third-party risk management processes take into account the level of risk, complexity, and size of the organization and the nature of its third-party relationships via its Vendor Management Program.  See more information about this product below.  In addition, we recommend adding a Product Update Protection Plan to your shopping cart to ensure you automatically receive an updated version of this policy template every time it is revised by us via e-mail within one year from the date of purchase.

Vendor Management Program Policy

This Vendor Management Program Policy Template is intended to ensure the risk management processes of a bank, credit union, fintech company, or other type of financial institution third-party risk management processes take into account the level of risk, complexity, and size of the organization and the nature of its third-party relationships via its Vendor Management Program.

Table of Contents

  • Purpose and Contents – Topic 1
  • Policy Statement – Topic 2
  • Risk Management – Topic 3
  • Organization, Responsibilities and Administration – Topic 4
  • Third-Party Relationship Life Cycle – Topic 5
  • Business Continuity Standards – Topic 6
  • Vendor Relationships with Insiders – Topic 7
  • Third-Party Payment Processors – Topic 8
  • Foreign Service Providers – Topic 9
  • Managed Security Service Providers – Topic 10
  • Independent Consultants – Topic 11
  • Financial Technology Company Providers – Topic 12
  • Bank Service Company Act Policy – Topic 13
  • Audit Policy – Topic 14
  • Staff Training – Topic 15
  • Retention of Documentation – Topic 16

Recent updates to this product:
07/03/23 Update
Joint Press Release – Agencies Issue Final Guidance on Third-Party Risk Management

The Vendor Management Program Policy Template (approximately 71 pages) is available to purchase from BankPolicies.com in Microsoft® Word format.

Want to ensure your purchase from BankPolicies.com remains current? Add a Product Update Protection Plan to your shopping cart to ensure that you will automatically receive an updated version every time it is revised via e-mail within one year from the last date of purchase. This timely and cost-effective solution ensures that you stay on top of federal regulatory changes and industry recommended best practices.

When updates are made you will receive detailed information regarding why the product was updated and what has changed within the product in our Product Update Notification e-mail correspondence. This enables you to make an informed decision on whether to make any changes to the policy or procedure you implemented for your financial institution from the revised template.

BankPolicies.com provides your financial institution with the best bank policy template products available in the industry. You will always be up to date with the latest changes to bank policies and never have to worry about being out of compliance with the various laws, rules and regulations issued by the Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Federal Reserve, Office of the Comptroller of the Currency (OCC), or other federal regulatory bodies that may apply to your organization.

Our dedicated staff of career banking industry professionals are ready to keep 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 look forward to earning your business for all of your bank policy needs.

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