A practical masterclass for risk and compliance professionals who manage third-party relationships in UK regulated firms. Covers TPRM policy design, risk-tiering, vendor lifecycle management, and FCA/PRA regulatory requirements.
As outsourcing scales, so does the risk exposure that comes with it.
This masterclass moves past definitions and into application. You’ll work through the architecture of a robust TPRM policy and build a risk management framework that covers the full vendor lifecycle, from due diligence to exit strategy, aligned with UK regulatory expectations including PRA outsourcing and operational resilience requirements.
By the end of the session, you’ll be able to draft a TPRM policy, construct a tiering methodology, and apply a lifecycle framework you can take directly back to your organisation.
Course Highlights bullets:
This masterclass is designed for professionals in the second line of defence and those who manage vendor relationships day to day within UK regulated firms.
Learner profiles:
Sector focus: Financial Services (banking, insurance, wealth management), fintechs, and professional services.
No prior TPRM qualification is required. Working experience in risk, compliance, or vendor management is sufficient.
TPRM foundations, policy design, the full vendor lifecycle, due diligence execution, and operational resilience.
Core TPRM literacy and the global regulatory forces shaping supplier oversight.
How to design a TPRM policy that works across jurisdictions without unnecessary complexity.
A working end-to-end model integrating country risk, data sovereignty, and cross-border compliance.
Risk-based and globally compliant due diligence across diverse vendor types.
Monitoring systems, incident response, and exit execution across jurisdictions.
By the end of this masterclass, participants will be able to:
Validate Your Compliance Expertise with a Globally Recognised Credential
Mode of delivery: Live Online / In-Person Duration: 2 Hours
Format: Expert-led session with practical frameworks, real-world case studies, and working templates
Assessment: Post-session knowledge check
Certification: Issued by LGCA
Instructor: Michael Harris – Risk and Compliance Specialist
Enrol today in the AGRC Certificate in Compliance and take the next step toward becoming a globally recognised compliance professional.
Don’t wait — regulatory risk is rising, and certified expertise sets you apart.
Members
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What does the course cover?
The programme covers TPRM policy design, vendor lifecycle management, due diligence, risk tiering, operational resilience, monitoring, and supplier exit planning.
Does the course include practical case studies?
Yes. Participants review real-world outsourcing failures, AML incidents, operational resilience disruptions, and supplier governance breakdowns.
Will I learn how to build a TPRM framework?
Yes. The course provides practical frameworks for governance structures, vendor onboarding, escalation pathways, monitoring controls, and risk-based due diligence.
Which regulations are covered in the course?
The training includes FCA/PRA outsourcing requirements, DORA, GDPR, MAS guidance, APRA standards, OFAC considerations, and anti-bribery and corruption controls.
Why is third-party risk management important?
Third-party relationships can expose firms to operational, cyber, regulatory, sanctions, ESG, and AML risks. Regulators increasingly expect firms to demonstrate effective supplier oversight.
Does the course cover operational resilience?
Yes. Participants will explore operational resilience requirements, critical supplier dependencies, monitoring expectations, and vendor exit planning.
Will I receive a certificate after completion?
Yes. Participants who complete the masterclass and post-session knowledge check will receive a professional certificate issued by LGCA.
How is the course delivered?
The programme is available as live online training or in-person corporate delivery depending on organisational requirements.
Which related courses complement this programme?
Professionals often combine this training with the AGRC Certificate in Risk Management, AGRC Certificate in Compliance, and AGRC Certificate in Anti-Money-Laundering to strengthen broader governance and compliance expertise.
Who should take this TPRM course?
This course is designed for risk managers, compliance officers, procurement professionals, internal auditors, legal counsel, and operations teams responsible for vendor oversight and outsourcing governance.
Do I need prior TPRM experience?
No. The course is suitable for professionals with experience in compliance, risk, procurement, outsourcing, or vendor management. No formal TPRM qualification is required.
Is this course relevant for UK regulated firms?
Yes. The programme is aligned with FCA and PRA expectations covering outsourcing, operational resilience, supplier governance, and third-party oversight.
What types of vendor due diligence are covered in the course?
The programme covers legal, financial, cyber security, sanctions, ESG, anti-bribery and corruption (ABAC), and operational resilience due diligence frameworks used within regulated organisations.
Does the course cover vendor risk tiering and criticality assessment?
Yes. Participants will learn how to classify vendors based on inherent risk, residual risk, criticality, outsourcing exposure, and regulatory impact across the supplier lifecycle.
Is this course relevant for AML and financial crime professionals?
Yes. Professionals responsible for supplier onboarding, outsourcing oversight, and financial crime governance often combine this programme with the Financial Crime Prevention for Cryptocurrencies and AGRC Certificate in KYC and CDD to strengthen supplier due diligence and financial crime risk controls.
Does the course cover operational resilience and exit strategies?
Yes. The programme explores resilience-focused monitoring, supplier dependency management, contingency planning, and vendor exit strategies aligned with UK regulatory expectations.
How does TPRM support broader governance and compliance functions?
Third-party risk management plays a central role in operational resilience, compliance governance, financial crime prevention, cyber oversight, and enterprise risk management across regulated firms.
Which advanced governance courses pair well with this training?
Professionals looking to deepen governance and enterprise risk capability often continue with the Diploma in Governance, Risk and Compliance, Diploma in Financial Crime Prevention, and AML Technology: Strategy, Execution & Future-Ready Compliance programmes.
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