Huntington National Bank | Hiperos
The Office of the Comptroller of the Currency (OCC) has been setting the standards for managing third party risks for financial institutions for decades. With their newest bulletin, 2013-29, they have elevated the bar and explicitly stated, “A bank’s use of third parties does not diminish the responsibility of its BOD [Board of Directors] and senior management to ensure that the activity is performed in a safe and sound manner and in compliance with all laws.” Join Huntington and Hiperos as they break down this new bulletin into its component parts, defining the new or modified requirements and laying out a roadmap for how Huntington is enhancing its already robust third party management strategy to satisfy not only the OCC, but all related third party regulators.
Contributors: Hiperos, Huntington National Bank
Categories: 2014 Spring - Nashville, Summit Presentations
SRC Type: Change Management, Performance Management, Risk Management, Risk Management Outsourcing (RMO), Sourcing Management, Talent Management