Risk Assessment Workshop with TPPPA + APP - Part 2

This live event will take place over two days. 
This is for Part 2. You should have received and saved the confirmation for Day 1.

Tuesday, June 9th:
We will discuss:

• Connection between Risk Assessments and Internal Controls.
• Importance of PROGRAM Risk Assessments for Sponsoring/Originating Banks related to Third Party Payment Processing, and the requirement for complementary Program Risk Assessments and Internal Controls  for Third-Party Payment Processors, (including Nested Third-Party Payment Processors).
• Tips and techniques for effectively creating/updating Program Risk Assessments from existing Internal Controls, such as Policies, Procedures, Training, Agreements, etc.

Thursday, June 11th:
Participants will be guided through an exercise to glean specific controls from the participants’ own policies, procedures, training, and agreements.  Participants are encouraged to bring their laptops and copies of their company’s own controls for an exercise in populating a Program Risk Assessment Template, which will be provided to all participants.

What you will learn:

• How Program Risk Assessment differs from customer, product or various compliance risk assessments
  (e.g. AML Risk Assessment).
• How risk-based programs are derived from and forever tied to ongoing Program Risk Assessment discipline.
• How to demonstrate proper oversight and engagement of the Board in the Risk Assessment Process.
• How to periodically test internal controls and update the Program Risk Assessment.

The Third Party Payment Processors Association (TPPPA) is a national not-for-profit industry association formed in 2013 to represent and promote the interests of payment processors, their financial institutions and their merchants. TPPPA members are payment processors, banks, merchants and vendors.