Session Presenters
Dana Polentz
Director, Audit & Advisory
RADD LLC
Close
About the presenter
Presented by
Dana Polentz
Director, Audit & Advisory
RADD LLC
Dana Polentz is the director of audit and advisory at RADD LLC. She has over 18 years of combined experience in the areas of internal audit, regulatory compliance, business process improvement, financial and operational controls, information technology general controls in banking and mortgage lending. Ms. Polentz has planned, directed and performed over 500 SOC 1/SOC 2 audits for small, medium and large companies. Her experience also includes working directly with regulators. Her risk and governance experience includes assisting leadership with risk assessments, gap assessments, and internal audits. Ms. Polentz assisted in the design and implementation of SOX protocols including working with the external auditors, CFO and management to identify and ensure strength of controls, design of new controls as needed, test controls and/or review management’s testing of controls, remediation and deficiency assessment.
Breakout 3: A Vendor Management Program
Financial Institutions must ensure their vendor management programs are reviewed at least annually in order to ensure relationships, mitigate potential risk and to stay in compliance with regulatory requirements. A vendor management program is more than just having policy and procedures in place. It ensures vendor selections are in line with policy; contracts include confidentiality and privacy concerns/standards; contracts and SLAs are measured according to vendor risk rating; and appropriate oversight of vendors occurs to ensure expectations are met and/or termination has occurred.
