Exit Strategies & Governance in Third Party Risk Management

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Event Q&A

Strengthening Exit Strategies in an Era of Geopolitical Instability

Jenn Wilkinson, VP Third Party Risk Management, Cenlar FSB, shares practical insights on evolving expectations for exit planning, what good governance looks like, how often plans should be updated, and aligning strategies with regulatory scrutiny.

Aug 28, 2025

Jenn Wilkinson, VP TPRM, Cenlar FSB

Tags: Vendor and Third Party Risk

The views and opinions expressed in this content are those of the thought leader as an individual and are not attributed to CeFPro or any other organization

In this interview, Jenn Wilkinson, VP of Third Party Risk Management at Sunlar, discusses the evolving importance of exit planning in a climate of geopolitical tension and climate-related disruptions. She emphasizes the need for organizations to ask “what could go wrong” and ensure that critical vendors have well-defined exit strategies in place. Jenn outlines how these strategies are embedded in onboarding and ongoing due diligence, reviewed regularly, and approved by key stakeholders to provide confidence to executives and risk professionals alike.

Jenn also covers best practices for balancing thorough exit planning with avoiding unnecessary complexity, including using a playbook approach, assessing vendor replaceability, and considering cost and resource constraints. She advises firms to leverage industry networks for shared best practices and to align exit plans with growing regulatory scrutiny, highlighting the value of insights gained from working closely with regulators throughout her career.

Jenn Wilkinson Bio

Jenn Wilkinson has over 25 years of experience in the mortgage industry with a special focus on third party risk and vendor oversight. Throughout her career, she has successfully built a robust and regulatory compliant Third-Party risk infrastructure. She is currently the Vice President of Third-Party Risk Management for Cenlar, a leading US mortgage subservicer. A self-proclaimed TPRM nerd, Jenn is a proud member of the ABA's TPRM roundtable as well as Women in TPRM, a professional group aligned to the Third-Party Risk Association. While her institution's primary regulator is the OCC, she also has extensive experience in FDIC, FRB, and CFPB expectations from working with a wide array of clients who are regulated by them. She is a people person with a positive attitude and enjoys building successful relationships with everyone she works with.