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Third-Party Risk Management
Learn how to assess, manage, and monitor risks from suppliers, vendors, and outsourced service providers. Covers due diligence, contractual protections, ongoing monitoring, and regulatory expectations.
1 modules, 1 lessons~8 minutes80% pass mark4 flipcards, 1 scenario
CPD Aligned
This course provides general guidance on third-party risk management. Organisations should develop vendor management frameworks proportionate to their specific regulatory requirements and risk profile.
What you will learn
- Explain why third-party risk management is a regulatory priority
- Describe the due diligence process for assessing new suppliers
- Identify the key contractual protections required when outsourcing
- Understand the ongoing monitoring obligations for third-party relationships
Who is this for?
Procurement, compliance, risk, operations, and IT teams involved in selecting, managing, or overseeing third-party suppliers and outsourced services
Course details
Duration~8 min
Modules1
Lessons1
Pass mark80%
CertificateYes
CPD Hours0.1
Jurisdiction
United Kingdom - FCA SYSC 8 (outsourcing), DORA (ICT third-party risk), PRA SS2/21 (outsourcing and third-party risk)
Course Modules
1
Managing Third-Party Risk
~8 minDue diligence, contracts, and ongoing monitoring of suppliers
Due Diligence and Contractual Protections
AudioVisualFlipcardsScenario
Assessment - 4 questions
Total Questions
4
Pass Mark
80%
Audio
1/1
Certificate
Yes
v1.0.0 | Updated 2026-07-01 | Sources verified 2026-07-01
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