Certified Third Party Risk Management Professional (C3PRMP) Program

Third Party Risk Management Certification

Linda Tuck Chapman, a leading expert in third-party risk and relationship management, will teach you best and emerging practices in third-party risk management. After 10 weeks, you will graduate with a strong and sustainable working knowledge of operational and third-party risk management. 

What is “third-party risk management”?

Third-Party Risk Management – also known as TPRM or 3PRM – involves identifying, assessing, and controlling the various risks that can develop over the lifecycle of your relationships with third parties. Third parties include suppliers, vendors, providers, partners, and other affiliate entities that engage with your business. 

Potential risks within this ecosystem are numerous and can be reputational, strategic, operational, or economical in nature. One of the more specific risks addressed in this program that impacts nearly every business is cybersecurity risk.

Digital transformation has evolved the supply chain and its threat landscape. For enterprises large and small, your third-party ecosystem can be a complex web. The overall security of the enterprise is only as strong as the weakest link in your supply chain, which is why understanding how to manage third-party risk must be prioritized. 

>> Read More From Linda: Third Party Risk Management – An Opportunity for Procurement << 

What will I learn in the C3PRMP program?

Created in partnership with Third Party Risk Institute, the C3PRMP program covers best and emerging practices in third-party risk management. The online, video-based program was developed by Linda Tuck Chapman, a renowned expert in third-party risk and relationship management. It is recognized as the global “gold standard” for risk and vendor management professionals and is registered with NASBA and GARP as an approved sponsor of continuing education.

The content is sourced from Linda’s book, “Third-Party Risk Management: Driving Enterprise Value” (published by the Risk Management Association). The program includes global best practice frameworks and draws from Linda’s experience and expertise using real-life examples. 

Who should take the C3PRMP program?

The C3PRMP program is applicable to so many roles in sourcing, outsourcing, procurement, vendor management, third-party risk management, and related fields. If you work with third parties in any capacity, then this program is for you. And it’s not just for practitioners, it’s also for the providers who serve them. 

Anyone who is serious about investing in their team and themselves, or expanding their career choices, benefits from the C3PRMP certification and learning with other committed professionals from around the world.

Some professions that would benefit from the program are listed below.

- Business Continuity Management Professionals
- Supply Chain Professionals
- Sourcing and Procurement Professionals
- Certified Public Accountants (CPA)
- Compliance/Legal Professionals
- Financial Risk Managers (FRM)
- Information Security Risk Analysts
- Operational or Enterprise Risk Management Professionals
- Vendor Relationship Management Professionals
- Supplier Risk Managers
- Third-Party Risk Professionals
- Vendor Relationship Managers (VRM)

View a more complete list of professions featured in this article.

How is the C3PRMP program structured?

The C3PRMP program is a 10-week video-based learning journey that takes approximately 3-6 hours per week to complete. 

Each week, you will:

  • complete weekly module assignments
  • take quizzes after each lesson to assess your retention
  • engage in a faculty-led asynchronous discussion forum with peers in your field across industries

You will also complete a final short essay on the topics covered in the program.  This combination of elements creates a holistic learning experience for our students.

For CPAs and equivalent designations worldwide, graduates will take a mid-term and final exam to earn 66 Continuing Professional Education (CPE) credits from NASBA. This is one of the highest numbers of CPE credits ever awarded by NASBA for a continuing professional education program. 

What can I expect after completing this program?

In addition to the knowledge, skills and tools gained, those who have completed the C3PRMP program have loved the learning experience provided and can immediately apply what they learned. All graduates of the C3PRMP program are issued a digital badge to include on their CV and LinkedIn profile.

Graduates of the C3PRMP program are invited to join the SIG University Alumni and Faculty private LinkedIn group to stay connected with peers and faculty.

Additionally, SIG University graduates receive 10% off additional certifications!

 

 

Learn more about C3PRMP

Watch this video for an overview of the program.

 

View our Curriculum Guide

See a more in-depth overview of the program including information about our classroom format and delivery models as well as a breakdown of the topics covered and expected learning objectives.

 

Who are our Past Graduates?

View a word cloud sampling of some of the titles of those who have previously taken the program!

 

What Topics are Covered?

View the program's learning journey of topics covered each week during a semester.

 

Who is the Faculty and Author?

Meet the subject matter expert that has supported this program!

Linda Tuck Chapman

>> Read more from Linda: 3PRM – An Opportunity for Procurement <<

Professional Partnerships & Continuing Education Associations

SIG University's C3PRMP program has partnered with or been approved as a sponsor of continuing education by the following industry organizations:  

NASBA logo

GARP logo

Dun & Bradstreet

  • Sourcing Industry Group is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBAregistry.org. Students who complete the CPE-track of C3PRMP can earn 66 CPE credits.
  • The Global Association of Risk Professionals (GARP) will award 20 CPD credits to students self-identifying as GARP members upon successful completion of the program.
  • In partnership with SIG University, Third Party Risk Institute Ltd. inspires organizations and professionals to invest in world-class third-party risk management, getting and staying on top of the complexities of an ever-changing threat landscape, protecting their customers, organization, and shareholders from harm.
  • Dun & Bradstreet offers a special continuing education 15% discount for Dun & Bradstreet clients enrolling in C3PRMP. To receive this discount, students must enroll with the discount code provided by Dun & Bradstreet.

Student Feedback


Cathy Rutherford
Senior Director, P2P CoStar Group
“This course has solidified my view that third-party risk is a growing risk in every company. We must continue to ask ourselves, our teams, leadership, and stakeholders the right questions and listen to the answers to inform our steps forward.  I was inspired by the 10-week course and required book reading and look forward to having my entire team take the class in 2021-2022…  On a separate note, concerning the required book reading by Linda Tuck Chapman, this was an excellent idea. The book was very supportive, and it was great to note and flag details so the book can be used as a resource moving forward. In conclusion, I would recommend this class for any person or company to educate themselves on third-party Risk. I have worked in the manufacturing, non-profit, financial, retail, and indirect sectors and this course would be relevant in any of those areas. This will prompt companies to strategizingproactively to ensure that they are establishing best practices, as it has ledme in my planning process into 2021-22.” Certified Third Party Risk Management Professional
"What can I say? SIG and Linda Tuck Chapman delivered a winner with the C3PRMP program! I attended a virtual SIG conference in fall 2020, and sat in on Linda Tuck Chapman's session...and this is what sparked my interest to learn more about third party risk management. This program is packed with so much relevant information, tools and resources, and it provides a great starting point for any novice with a desire to learn more about this topic. I thought the videos of Linda were a nice touch, and SIG did a great job of providing well-defined module objectives; capturing key points on each slide; adding good supplemental reference material; and challenging us in each quiz to help hone in on important take-aways from each module. Also, Linda's book was an added bonus, and provided great thought-provoking information and insights to enhance learning of third party risk management. Great job...and I look forward to participating in more SIG programs, continuing education and events!" Certified Third Party Risk Management Professional

Michael Amaral
Stripe
"SIG provided an informative and resourceful program that is interactive and encourages discussion. The course has been a great way develop my functional expertise in my field and to network with my peers in the industry. The course administrator, Linda Tuck Chapman, was a fantastic resource and I found her to be extremely knowledgable and encouraging." Certified Third Party Risk Management Professional

John Lehr
USAA
“The C3PRMP program is in a class of its own. Starting from ground zero, I was impressed by the seamless program enrollment, and the friendly customer service. While attending the course, I felt both instructor’s shined a light on their industry-leading credentials through both text, and practical “real world” experience. The value is in the material (and expertise). Overall, this experience left me feeling encouraged, and equipped to handle the challenges of today while preparing for the opportunities of tomorrow. I am excited to be part of the Sig University family!” Certified Third Party Risk Management Professional
"I have been talking to my manager about process improvements based on the material I learned and actually got promoted from Sourcing Advisor to Global Vendor Risk and Compliance Advisor, mainly thanks to the C3PRMP training and inspiration. I am planning to pursue Risk and Compliance Governance as a career path." Certified Third Party Risk Management Professional

Divya Menon
ISG
"C3PRMP certification course is well crafted, the modules and the related contents are structured in such a way that it covers all the important Third-Party Risk Management Concepts with great clarity and precision. Linda through her effective and flawless delivery of each of the modules demonstrates that she is a SME in this area. The discussion forum was very collaborative as we could discuss all the real time challenges in this area and how it is being addressed by different organizations. This is a great platform for interacting with pioneers and experts in Third-Party Risk Management. The learnings from this course has enabled me to develop very good functionalities in our Third-Party Risk Management Platform “ISG GovernX”." Certified Third Party Risk Management Professional

Kaya Taylor
CoBank
"The C3PRMP training program brings a thorough and practical curriculum to its audience that leverages industry best practices to give third party risk management professionals, in any industry, the skills to either build a risk program from the ground up, or to enhance an already mature program. I would highly recommend the C3PRMP training. It is a value proposition for whatever stage your organization may be in its Third Party Oversight journey." Certified Third Party Risk Management Professional

Cindy Lingerfelt
Sourcing Specialist, Blue Cross Blue Shield of Florida
“I can bring so much of this program back to the joint teams to grow with these best-in-class lessons — precisely, the typical structure of a third-party risk program and the oversight governance of that framework.” Certified Third Party Risk Management Professional

Shirley Yu
Strategic Sourcing Manager, Hu-Friedy Mfg. Co., LLC
“The Certified Third Party Risk Management Professional program was a great course… I learned a lot from the course which I could use for future projects.” Certified Third Party Risk Management Professional

Craig Libby
Head of Enterprise Third Party Risk Management Data Analytics, Reporting and Quality Monitoring, USAA
“My brain is in overdrive with all that I have learned from the program, as well as all I need to do in guiding my teams. While challenging, I am more confident now knowing what I know.” Certified Third Party Risk Management Professional

Klaus Kerschbaumer
Principal Consultant, Information Services Group (ISG)
“One of the key findings from the C3PRMP program was how substantially different reputational risks are from all other categories of risk…After the lessons on reputational risk and respective control frameworks, I now have a very different view on those risks...” Certified Third Party Risk Management Professional