Lawyers Can’t Fly and Other Hard Truths About Third-Party Risk Management
June 30, 2022 | 01:30 pm ET
Co-Presenter(s): Terri Sands
“We did all of this due diligence, collected all this documentation, and the company still failed.” – A chorus of Risk Managers since 2020 With a rise in Synthetic Companies, 4th Party Ransomware Attacks, Supply Chain Disruptions, and OFAC playing a central role in the Russia/Ukraine conflict, the conditions related to Third-Party Risk Management have transitioned from “check-the-box compliance theater” to a critical skill necessary for an institution’s survival.” In this session, Kevin Sasser, AAP, will share current trends that are influencing industry best practices and regulatory expectations along with how risk aware organizations are evolving to become more efficient, proactive, and scalable. Terri Sands, CAMS – Audit, AAP and CFE will discuss the state of BSA/AML, OFAC and Fraud in the world of payments and outline how third-party emerging technology is either fighting back or failing. Terri will also discuss regulatory scrutiny on how financial institutions are managing their third-party risks and ensuring their AML and fraud technologies are working as intended.
Kevin Sasser serves as Director of Sales and Marketing for Argos Risk®, a leading provider of third-party risk management services for financial institutions and other organizations. He and his team work with companies in over thirty (30) industries in mitigating operational, financial, and fraud risk associated with commercial third-parties.
Kevin has delivered numerous keynote addresses at national conferences, seminars, and user group meetings. He is known for delivering an authentic, straight forward message laced with humor, personal experience, and no-nonsense advice.
Originally from South Georgia, Kevin holds a degree in Computer Science, is a permanently certified Accredited ACH Professional (AAP), and is a member of several industry risk and fraud committees.
Kevin has delivered hundreds of presentations for banking, technology, and government associations including:
- The Federal Reserve Board of Governors
- The Executive Office of the President of the United States
- The U.S. Department of State
- The Central Intelligence Agency
- Cornerstone Credit Union
- Banker’s Hub
- SAI Global