7DEC
7 - 11 Dec 2026Mon to Fri · 5 days
FrankfurtGermany · Classroom
£3,250per delegate2+ people: £2,600 each
Professional training course · AGRC-044
Third-Party Risk Management and Due Diligence
Modern organisations depend on suppliers, distributors, agents, outsourcing partners and technology providers for critical activities. Each of these relationships can…
- 5 daysClassroom
- 49Upcoming dates
- 12Cities
- £2,250Fees from
Course overview
Introduction
Modern organisations depend on suppliers, distributors, agents, outsourcing partners and technology providers for critical activities. Each of these relationships can expose the organisation to bribery, sanctions breaches, data leaks, operational failure, reputational damage and regulatory penalties, often without the organisation having direct control.
This Third-Party Risk Management and Due Diligence training course provides a complete, practical approach to managing risk across the third-party life cycle. Participants learn how to build an inventory of third parties, segment them by risk, design proportionate due diligence, negotiate protective contract terms, monitor ongoing performance and risk, and manage exit.
The course draws on recognised good practice in compliance, procurement and operational resilience, and shows how to coordinate the many functions that share responsibility for third-party risk.
Course Objectives
By the end of this training course, participants will be able to:
- Explain the types of risk introduced by third-party relationships
- Design a third-party risk management framework and governance model
- Segment third parties by inherent risk and criticality
- Plan and perform proportionate due diligence
- Use contract clauses to manage third-party risk
- Monitor third parties through the life of the relationship
- Manage red flags, remediation and termination
- Report third-party risk to senior management and the board
Target Audience
This training course is suitable for a wide range of professionals, including:
- Compliance and risk professionals
- Procurement and supply chain managers
- Vendor and outsourcing managers
- Internal auditors
- Legal and contract professionals
- Information security and data protection staff
- Operational resilience and business continuity professionals
Training Methodology
The course uses practical case studies, sample questionnaires and due diligence reports. Participants segment a portfolio of third parties, design a risk-based questionnaire, analyse red flags from screening results, review contract clauses and build a monitoring dashboard. Group discussions share experiences across different functions and industries.
Target Competencies
- Third-party risk segmentation
- Risk-based due diligence
- Red flag analysis
- Contractual risk controls
- Ongoing third-party monitoring
- Cross-functional coordination
Course outline
-
1Day One: The Third-Party Risk Landscape
- Why third-party risk has become a board-level concern
- Types of third parties and the risks each can introduce
- Bribery, sanctions, data, operational and reputational exposures
- Regulatory expectations for third-party oversight
- Lessons from major third-party failures and enforcement cases
- Roles of procurement, compliance, legal, security and business owners
- Exercise: building an inventory of third parties
-
2Day Two: Framework, Segmentation and Risk Scoring
- Designing a third-party risk management policy and framework
- Inherent risk factors: country, sector, service and access
- Criticality and dependency assessment
- Building a risk scoring model and tiering approach
- Aligning due diligence depth with risk tier
- Technology platforms for third-party risk management
- Workshop: segmenting a portfolio of third parties
-
3Day Three: Conducting Due Diligence
- Questionnaires, document requests and self-assessments
- Ownership and beneficial ownership verification
- Screening against sanctions, watchlists and adverse media
- Financial health and operational capability checks
- Information security and data protection assessments
- Site visits, interviews and enhanced due diligence
- Exercise: analysing red flags in a due diligence file
-
4Day Four: Contracts, Onboarding and Ongoing Monitoring
- Key contract clauses: audit rights, compliance and termination
- Service levels, reporting duties and incident notification
- Onboarding approvals and conditions
- Ongoing monitoring triggers and periodic reviews
- Continuous screening and performance management
- Managing fourth parties and subcontractors
- Case study: monitoring a high-risk distributor
-
5Day Five: Remediation, Exit and Reporting
- Responding to issues, breaches and control failures
- Remediation plans and escalation routes
- Planning orderly exit and replacement of critical third parties
- Key risk indicators for the third-party portfolio
- Reporting third-party risk to management and the board
- Internal audit review of the third-party programme
- Personal action plan for improving third-party risk management
Schedule
Dates and fees
49 upcoming dates in 12 cities. Fees are per delegate; bring colleagues and every seat is discounted.
December 2026
FrankfurtGermany · Classroom
14DEC
14 - 18 Dec 2026Mon to Fri · 5 days
LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
21DEC
21 - 25 Dec 2026Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
January 2027
4JAN
4 - 8 Jan 2027Mon to Fri · 5 days
FrankfurtGermany · Classroom
£3,250per delegate2+ people: £2,600 each
11JAN
11 - 15 Jan 2027Mon to Fri · 5 days
MadridSpain · Classroom
£4,250per delegate2+ people: £3,400 each
18JAN
18 - 22 Jan 2027Mon to Fri · 5 days
LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
25JAN
25 - 29 Jan 2027Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
February 2027
1FEB
1 - 5 Feb 2027Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
8FEB
8 - 12 Feb 2027Mon to Fri · 5 days
FrankfurtGermany · Classroom
£3,250per delegate2+ people: £2,600 each
15FEB
15 - 19 Feb 2027Mon to Fri · 5 days
MunichGermany · Classroom
£4,250per delegate2+ people: £3,400 each
22FEB
22 - 26 Feb 2027Mon to Fri · 5 days
LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
March 2027
1MAR
1 - 5 Mar 2027Mon to Fri · 5 days
LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
8MAR
8 - 12 Mar 2027Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
15MAR
15 - 19 Mar 2027Mon to Fri · 5 days
FrankfurtGermany · Classroom
£3,250per delegate2+ people: £2,600 each
22MAR
22 - 26 Mar 2027Mon to Fri · 5 days
ParisFrance · Classroom
£4,500per delegate2+ people: £3,600 each
April 2027
5APR
5 - 9 Apr 2027Mon to Fri · 5 days
RomeItaly · Classroom
£4,250per delegate2+ people: £3,400 each
12APR
12 - 16 Apr 2027Mon to Fri · 5 days
LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
19APR
19 - 23 Apr 2027Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
26APR
26 - 30 Apr 2027Mon to Fri · 5 days
FrankfurtGermany · Classroom
£3,250per delegate2+ people: £2,600 each
May 2027
3MAY
3 - 7 May 2027Mon to Fri · 5 days
FrankfurtGermany · Classroom
£3,250per delegate2+ people: £2,600 each
10MAY
10 - 14 May 2027Mon to Fri · 5 days
ViennaAustria · Classroom
£4,250per delegate2+ people: £3,400 each
17MAY
17 - 21 May 2027Mon to Fri · 5 days
LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
24MAY
24 - 28 May 2027Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
June 2027
7JUN
7 - 11 Jun 2027Mon to Fri · 5 days
FrankfurtGermany · Classroom
£3,250per delegate2+ people: £2,600 each
14JUN
14 - 18 Jun 2027Mon to Fri · 5 days
LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
21JUN
21 - 25 Jun 2027Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
July 2027
5JUL
5 - 9 Jul 2027Mon to Fri · 5 days
LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
12JUL
12 - 16 Jul 2027Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
19JUL
19 - 23 Jul 2027Mon to Fri · 5 days
FrankfurtGermany · Classroom
£3,250per delegate2+ people: £2,600 each
26JUL
26 - 30 Jul 2027Mon to Fri · 5 days
Cape TownSouth Africa · Classroom
£2,840per delegate2+ people: £2,272 each
August 2027
2AUG
2 - 6 Aug 2027Mon to Fri · 5 days
DubaiUnited Arab Emirates · Classroom
£5,250per delegate2+ people: £4,200 each
9AUG
9 - 13 Aug 2027Mon to Fri · 5 days
LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
16AUG
16 - 20 Aug 2027Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
23AUG
23 - 27 Aug 2027Mon to Fri · 5 days
FrankfurtGermany · Classroom
£3,250per delegate2+ people: £2,600 each
September 2027
6SEP
6 - 10 Sep 2027Mon to Fri · 5 days
FrankfurtGermany · Classroom
£3,250per delegate2+ people: £2,600 each
13SEP
13 - 17 Sep 2027Mon to Fri · 5 days
LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
20SEP
20 - 24 Sep 2027Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
October 2027
4OCT
4 - 8 Oct 2027Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
11OCT
11 - 15 Oct 2027Mon to Fri · 5 days
FrankfurtGermany · Classroom
£3,250per delegate2+ people: £2,600 each
18OCT
18 - 22 Oct 2027Mon to Fri · 5 days
IstanbulTurkey · Classroom
£2,850per delegate2+ people: £2,280 each
25OCT
25 - 29 Oct 2027Mon to Fri · 5 days
LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
November 2027
1NOV
1 - 5 Nov 2027Mon to Fri · 5 days
LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
8NOV
8 - 12 Nov 2027Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
15NOV
15 - 19 Nov 2027Mon to Fri · 5 days
FrankfurtGermany · Classroom
£3,250per delegate2+ people: £2,600 each
22NOV
22 - 26 Nov 2027Mon to Fri · 5 days
Kuala LumpurMalaysia · Classroom
£2,250per delegate2+ people: £1,800 each
December 2027
6DEC
6 - 10 Dec 2027Mon to Fri · 5 days
MadridSpain · Classroom
£4,250per delegate2+ people: £3,400 each
13DEC
13 - 17 Dec 2027Mon to Fri · 5 days
LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
20DEC
20 - 24 Dec 2027Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
27DEC
27 - 31 Dec 2027Mon to Fri · 5 days
FrankfurtGermany · Classroom
£3,250per delegate2+ people: £2,600 each
No dates in this city right now. Request a quotation and we will suggest the nearest date.
Questions
Frequently asked questions
How long is the Third-Party Risk Management and Due Diligence course?
The course runs over 5 days of classroom training, usually Monday to Friday.
When is the next Third-Party Risk Management and Due Diligence course?
The next public date is 7 - 11 Dec 2026 in Frankfurt. There are 49 upcoming dates in total.
Where is this course held?
Upcoming sessions run in Frankfurt, London, Barcelona, Madrid, Munich, Paris, Rome, Vienna, Cape Town, Dubai, Istanbul, Kuala Lumpur.
How much does the course cost?
Fees start from £2,250 per delegate, depending on the city. Fees include tuition and course materials.
Do participants receive a certificate?
Yes. Delegates who complete the course receive a London Leadership Management Innovation certificate of completion.
Can this course be delivered in-house for our team?
Yes. LLMI can tailor and deliver this course privately for your organisation at your premises or in one of our training cities.
Course information last updated 14 November 2026.
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