TPRM Officer as a Service

Every successful Third-Party Risk Management program needs strategic governance in place to uphold and improve the program’s initiatives.

Many organizations don’t have the resources or bandwidth to hire a full-time TPRM department or even to appoint a TPRM committee. Many organizations don’t even know who should be responsible for TPRM matters.

As experts in the field of TPRM, we understand the various roles and needs associated with TPRM programs. We develop custom packages that demonstrate your control environment and assurance to your customer base.

We offer a wide range of TPRM services:

• Building a customer-facing compliance package
• Producing copy relating to compliance for your website
• Answering customer inquiries related to third party requirements:
  • Mapping any of your existing standards-based assessments to third party requirements
  • Mapping your policy set to third-party requirements
• Management and facilitation of virtual and/or onsite third-party assessments
• Discussion, evaluation, and counsel through third-party requirement remediation efforts (related to identified third-party audit findings)
  • Assistance with the implementation of solutions related to identified third-party audit findings

Additional TPRM Services

• TPRM Ad-Hoc Review Services
• TPRM Capabilities and Maturity Services
• TPRM External Assessor Services
• TPRM Program Implementation and Development
• TPRM Program Support Services
• TPRM Training, Education, and Awareness

   

Schneider Downs TPRM Resources

Built by our tenured team of security, risk and compliance practitioners. We have leveraged decades of diverse subject-matter expertise and experience to be able to provide the following resources and tools:

• AICPA SOC Report Review Template
• Schneider Downs TPRM Service Overview
• Schneider Downs TPRM Policy Template
• Schneider Downs Compliance and Third-Party Risk Management Guide
• Schneider Downs ‘Our Thoughts On’ Articles

How Can Schneider Downs Help?

The Schneider Downs Risk Advisory Services team has the expertise, credentials and tools to help you build, implement, recalibrate, and manage a world-class third-party risk management program. We understand that outsourcing business functions to third parties is essential in today’s business environment.  While outsourcing provides benefits such as increased efficiency and cost savings, it also increases an organization’s risk exposure to a myriad of threats presented by outsourcing.  Understanding how to identify and manage the risks presented by third party providers is vital for any business.

Learn more about our Third-Party Risk Management services or contact us to get started.