The Managing Third-Party and Vendor Risks course in London is a practical training course designed to help professionals effectively assess and mitigate risks associated with third-party vendors.
From:
23-03-2026
From:
20-07-2026
Course Overview
As organizations increasingly rely on third parties and vendors for critical operations, the risks associated with outsourcing and external dependencies have grown significantly. Issues such as non-compliance, cyber vulnerabilities, reputational risks, and supply chain disruptions can arise if vendor relationships are not properly governed.
This Managing Third-Party and Vendor Risks Training Course provides participants with frameworks and strategies to assess, monitor, and mitigate vendor-related risks. The course explores due diligence practices, contract compliance, ongoing monitoring, and the use of technology to enhance third-party governance.
Through case studies, scenario analysis, and interactive workshops, participants will learn how to build vendor risk management programs that align with enterprise risk frameworks and regulatory requirements.
Course Benefits
Strengthen third-party and vendor oversight frameworks.
Learn best practices for supplier due diligence and onboarding.
Improve monitoring of vendor performance and compliance.
Mitigate risks of outsourcing, supply chain, and cyber exposure.
Build long-term resilience through vendor governance.
Course Objectives
Define and categorize third-party and vendor risks.
Apply due diligence and vendor selection methodologies.
Develop monitoring and reporting frameworks for vendors.
Ensure compliance with regulatory and contractual obligations.
Use technology to enhance vendor risk monitoring.
Integrate third-party risk into enterprise risk management.
Build a culture of accountability in vendor relationships.
Training Methodology
The course combines expert-led lectures, real-world case studies, compliance simulations, and group workshops. Participants will practice vendor risk assessments and monitoring through applied exercises.
Target Audience
Supply chain and procurement managers.
Risk and compliance officers.
Vendor and third-party governance professionals.
Executives responsible for operational resilience.
Target Competencies
Third-party risk assessment.
Vendor compliance monitoring.
Outsourcing governance.
Supplier relationship management.
Course Outline
Unit 1: Introduction to Third-Party and Vendor Risk Management
Defining vendor and third-party risks.
Categories of risks: compliance, cyber, reputational, financial.
Lessons from third-party risk incidents.
Regulatory expectations for vendor oversight.
Unit 2: Due Diligence and Vendor Selection
Vendor onboarding and pre-contract assessments.
Tools for financial, legal, and compliance due diligence.
Screening for sanctions, ethics, and ESG risks.
Case study: vendor selection failures.
Unit 3: Contracting and Compliance Controls
Structuring contracts for risk and compliance.
Service level agreements (SLAs) and performance clauses.
Monitoring contractual compliance.
Managing legal and cross-border vendor risks.
Unit 4: Ongoing Vendor Monitoring and Risk Mitigation
Building frameworks for continuous monitoring.
Assessing vendor performance and compliance.
Tools for managing cyber and data risks.
Responding to vendor-related incidents.
Unit 5: Building Resilient Vendor Governance Programs
Integrating vendor risks into enterprise risk management.
Leveraging technology for vendor oversight (AI, automation).
Communicating risks to boards and stakeholders.
Future trends in third-party and vendor risk management.
Ready to strengthen vendor and third-party governance?
Join the Managing Third-Party and Vendor Risks Training Course with EuroQuest International Training and ensure resilience, compliance, and trusted supplier partnerships.
The Managing Third-Party and Vendor Risks Training Courses in London provide professionals with practical and strategic expertise to assess, monitor, and mitigate risks associated with external partners, suppliers, and service providers. Designed for procurement specialists, risk managers, compliance officers, contract managers, and executives, these programs address the growing reliance on third-party ecosystems and the need for strong oversight to ensure operational continuity, regulatory adherence, and organizational resilience.
Participants gain a clear understanding of third-party risk management principles, including vendor onboarding, due diligence processes, performance monitoring, contract compliance, and risk classification models. The courses highlight how outsourcing, digitization, and global supply networks introduce financial, operational, cybersecurity, and reputational risks that must be managed proactively. Through real-world case studies and applied exercises, attendees learn to evaluate vendor capabilities, identify vulnerabilities, and design effective mitigation strategies aligned with organizational objectives.
These vendor risk management training programs in London emphasize building structured frameworks for third-party governance. Participants explore techniques such as risk scoring, service-level monitoring, audit mechanisms, escalation protocols, and continuous oversight practices. The curriculum also covers emerging challenges such as data protection risks, cloud-based vendor dependencies, ESG expectations, and regulatory requirements that impact third-party relationships across international markets.
Interactive workshops and scenario-based simulations help participants apply practical tools for managing vendor performance, strengthening contract controls, and enhancing cross-functional collaboration between procurement, legal, IT, and compliance teams. The program also examines how technology—such as automated monitoring systems and centralized vendor management platforms—supports transparency and efficient risk tracking.
Attending these training courses in London allows participants to learn from industry experts within a global business and financial hub. By completing this specialization, professionals will be equipped to manage third-party and vendor risks effectively—ensuring stronger governance, improved operational resilience, and secure, compliant partnerships in today’s interconnected business environment.