TPRM Program Support

Our TPRM program support services are designed for banks and credit unions that require continuous, regulator-aligned third-party risk management without expanding permanent headcount. As regulatory expectations continue to evolve, institutions are under increasing pressure to demonstrate effective oversight, documentation, and governance of third-party relationships.

Our co-sourced TPRM program support model enables institutions to strengthen their third-party risk management framework while maintaining full ownership, accountability, and governance. We operate as an extension of your internal TPRM, compliance, or risk management function—delivering both strategic guidance and hands-on execution tailored to your organization’s size, complexity, and vendor risk profile.

This flexible approach allows institutions to scale TPRM capabilities, enhance consistency, and respond to changing regulatory expectations with confidence.

Advisory Support (Co-Sourced Advisory Retainer)

Best for: Institutions with a mature TPRM framework seeking ongoing subject-matter expertise and regulatory guidance.

Our advisory-focused TPRM program support provides continuous access to experienced professionals who help interpret regulatory expectations, strengthen program design, and support effective governance.

Scope of support includes:

• Ongoing TPRM advisory and consultation

• Regulatory interpretation and examiner readiness support

• Policy, procedure, and framework updates

• Risk issue evaluation and escalation guidance

• Targeted vendor and third-party risk consultations

Delivery model:
Monthly advisory retainer with defined hours and service-level expectations.

Managed Support (Hybrid Co-Sourced Model)

Best for: Institutions requiring both strategic oversight and hands-on execution for core TPRM activities.

This hybrid TPRM program support model combines advisory expertise with operational execution, helping institutions manage increasing workloads while maintaining strong governance and control.

Scope of support includes:

• All Advisory Support services

• Hands-on due diligence and third-party risk assessment support

• Vendor onboarding and ongoing monitoring assistance

• Issue management and remediation tracking

• Participation in internal governance, risk, and committee meetings

• Support for audits, regulatory exams, and internal reviews

Delivery model:
Hybrid co-sourced retainer combining:

• Fixed monthly advisory capacity, and

• A defined scope of operational TPRM activities

Program Support (Comprehensive Co-Sourced Retainer)

Best for: Institutions seeking a co-managed or fully supported TPRM function with comprehensive operational coverage.

Our most comprehensive TPRM program support offering delivers end-to-end execution of third-party risk management activities while maintaining alignment with regulatory expectations and internal governance structures.

Scope of support includes:

• End-to-end TPRM operational execution

• Ongoing vendor risk assessments and continuous monitoring

• Issue identification, tracking, and remediation oversight

• Program metrics, reporting, and governance support

• Examiner, audit, and regulatory response support

• Continuous program enhancement aligned with evolving regulatory guidance

Delivery model:
Comprehensive monthly retainer with clearly defined scope, capacity, and service levels aligned to your vendor population, risk tiering, and organizational complexity.

Why a Co-Sourced TPRM Model?

A co-sourced approach to TPRM program support provides a practical and effective way to enhance third-party risk management without increasing fixed costs or internal headcount.

Key benefits include:

• Maintains internal ownership, governance, and regulatory accountability

• Scales expertise and operational capacity based on demand

• Enhances consistency, documentation quality, and audit readiness

• Improves alignment with regulatory expectations and examiner scrutiny

• Provides predictable costs with flexible engagement models

• Strengthens risk visibility across your third-party ecosystem

Built for Regulatory Alignment and Operational Resilience

Our TPRM program support services are designed to align with interagency guidance and leading industry practices. We help institutions move beyond reactive compliance toward a more proactive, risk-based approach to third-party risk management.

By integrating external expertise with internal knowledge, your institution can improve oversight, streamline operations, and build a more resilient and scalable TPRM program—capable of adapting to evolving risks, regulatory expectations, and business needs. Contact us here for more information or a free consultation about how we can help.