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Presenter: David A. Reed, JD, Reed and Jolly, PLLC
Date: Thursday, November 15, 2012
Time: 2:00 - 3:30 pm Central
Vendor management continues to be a high-priority operational and regulatory issue. Recently, a credit union allowed a bad vendor to pull them underwater. Every credit union entrusts some of its most-sensitive member information, financial resources, and core business processes to third-party vendors. However, if something goes wrong in a third-party relationship, the credit union still gets the blame.
Make sure your credit union is getting the most from your vendors while satisfying increased examination scrutiny. This webinar will examine both the technical and practical sides of third-party contractual relationships. From selecting the best available vendor, to identifying integration issues, to getting the most return from your investment, this presentation examines the regulatory requirements for managing third-party relationships and the operational details of creating an effective vendor-management program.
What You Will Learn
Who Should Sign Up?
This informative session will be beneficial for executives, department managers, and staff in the following departments: compliance, financial, accounting, accounts receivable, and anyone who works with your vendor-management process.
About the Presenter:
Attorney, author, consultant, and nationally-recognized speaker, David Reed is a partner in the law firm of Reed and Jolly, PLLC. He provides guidance to credit unions on establishment and revision of policies and procedures, organizational compliance, collections, security, contractual agreements, regulatory matters, and corporate governance. His engaging speaking style has made him a nationwide lecturer on regulatory compliance, consumer lending, bankruptcy, and collections.
A former trial attorney and vice president and general counsel of a large credit union, David is particularly known as an expert in the areas of credit union operations, bankruptcy, and collections. He has trained state and federal examination staff on numerous issues, including BSA, ID theft red flags, SAFE Act, third-party contract management, and bankruptcy. He also serves as editor of several industry manuals including Collections Manual for Credit Unions and Bankruptcy Guide for Credit Unions.