# Third-Party Risk

**Canonical URL:** https://www.skillcast.com/courses/third-party-risk-training-course
**Canonical link:** `<link rel="canonical" href="https://www.skillcast.com/courses/third-party-risk-training-course">`
**Provider:** Skillcast
**Duration:** 30 minutes
**Format:** In-depth

## Description

Third-party risk is a form of operational risk and includes the risk that arises from relationships with third-party providers such as suppliers, contractors and other business partners. Regulators are concerned about the types of risks that third parties and, in turn, firms could be exposed to. Our Third-party Risk course will help your team understand the various third-party risks and how to manage them.

## Learning Objectives

- Appreciate why third-party risk has become so important
- Recognise risks companies face in their third-party population and specific threats presented
- Identify the key features of third-party risk management (TPRM)
- Appreciate the regulatory landscape and key terminology used in third-party risk management (TPRM)
- Distinguish between the stages of the third-party risk management (TPRM) lifecycle
- Create a business continuity, termination strategy and exit plan for material outsourcing relationships

## Structured data (JSON-LD)

```json
{
  "@context": "https://schema.org",
  "@type": "Course",
  "name": "Third-Party Risk",
  "description": "Third-party risk is a form of operational risk and includes the risk that arises from relationships with third-party providers such as suppliers, contractors and other business partners. Regulators are concerned about the types of risks that third parties and, in turn, firms could be exposed to. Our Third-party Risk course will help your team understand the various third-party risks and how to manage them.",
  "url": "https://www.skillcast.com/courses/third-party-risk-training-course",
  "provider": {
    "@type": "Organization",
    "name": "Skillcast",
    "@id": "https://www.skillcast.com/"
  },
  "timeRequired": "PT30M",
  "teaches": [
    "Appreciate why third-party risk has become so important",
    "Recognise risks companies face in their third-party population and specific threats presented",
    "Identify the key features of third-party risk management (TPRM)",
    "Appreciate the regulatory landscape and key terminology used in third-party risk management (TPRM)",
    "Distinguish between the stages of the third-party risk management (TPRM) lifecycle",
    "Create a business continuity, termination strategy and exit plan for material outsourcing relationships"
  ],
  "learningResourceType": [
    "In-depth"
  ]
}
```