🧠 Here's your #OneQuestion of the week: What’s the hidden risk in your vendor oversight program?
Most banks feel confident here — until they take a closer look.
In this 70-second video, CEO Shawn Sweeney highlights 3 of the most common vendor oversight gaps Spinnaker Consulting Group often finds when working with community and regional banks:
🔸 Risk ratings that don’t match reality
🔸 Contracts without real monitoring
🔸 "Low risk" classifications that shouldn't be low risk
If you’re responsible for risk, compliance, or audit — give it a quick watch. Then ask yourself: Would our program stand up to scrutiny?