Critical Steps to Ensure Compliance and Mitigate Third Party Risk

Video

Jul 29, 2024

Gerard Doyle, EMEA Head of Third Party Management and Procurement, SMBC Group

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

Evolving from a compliance-focused approach to broader risk management is essential for meeting regulatory expectations in a multi-dimensional risk environment.
Adaptable supplier relationships are key to resilience in the face of unpredictable regulatory changes, necessitating a focus beyond pre-contract phases.
Streamlining data management and reporting processes across diverse regulatory requirements enhances consistency and efficiency.
Effective resource allocation involves leveraging existing organizational capabilities and prioritizing actions based on risk and business criticality.

Gerard Doyle Bio

Gerard is currently the EMEA Head of Third Party Management and Procurement at SMBC Bank, having previously spent 12 years at Credit Suisse, where he held responsibilities for UK Operational Resilience compliance, European regional outsourcing oversight, and Global Operational Continuity in Resolution reporting capabilities. He has led remediation programs to achieve compliance with these topics as well as building out and managing operational support teams to maintain these capabilities, in line with the Bank of England and other key EMEA regulatory expectations. He has global experience having worked in US, APAC, and in Europe as well as in the UK with a particular focus on emerging regulatory risk trends and requirements, and translating these requirements into sustainable, practical frameworks that deliver clear business benefits as well as regulatory compliance.

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