TPRM 101: Reporting on Residual Risk

The final section of Pre-Contract Due Diligence, Reporting on Residual Risk, focuses on translating your risk findings into clear, actionable insights for approvers and stakeholders. This episode of TPRM 101 covers how to articulate the remaining (unmitigated) risk and ensure informed decisions are made before a third party is onboarded.

Key features include:

• Techniques for summarizing complex risk data

• Report formatting for executive and operational audiences

• Aligning residual risk with organizational risk tolerance

• Documentation required for audit, legal, and regulatory purposes