Empower Your Team to Protect Your Institution
Nstitute is our new online certification program that empowers you to excel in managing third-party risk while collecting continuing education credits.
Empower Your Team to Protect Your Institution
Nstitute is our premier Knowledge-as-a-Service solution, delivering tailored educational content designed by industry experts to empower financial institutions with job-specific knowledge, offering engaging videos, comprehensive modules, and certifications, with plans for ongoing updates and additional certifications.
Use the code HOLIDAY30 at checkout!
What is Nstitute?
The Nstitute is Ncontracts’ newest Knowledge-as-a-Service (KaaS) offering. Our team of experts will design tailored educational offerings to empower financial institutions with valuable job-specific knowledge in various areas, from risk management to compliance. The Nstitute delivers financial industry expertise through engaging videos, comprehensive modules, and certifications.
Developed by Ncontracts’ industry-leading team of risk and compliance experts, Nstitute offers the opportunity for continuing education credits and additional certifications. Nstitute is catered to first-, second-, and third-line staff, including those people responsible for overseeing third-party vendors, managing regulatory change, and more.
Additional certifications and knowledge modules are planned to launch in the Nstitute, so stay tuned for updates!
Nstitute Certified Vendor Management Professional Training (NCVMP)
Our NCVMP training is a self-paced and comprehensive training program produced by Ncontracts’ team of third-party vendor management experts. The program covers all the key aspects of vendor management – including the latest regulatory guidance – to help you and your teams level up their skills and protect their institution.
When you become an Nstitute Certified Vendor Management Professional (NCVMP), you will:
Apply practical knowledge immediately
Know exactly what’s required for financial institutions
Earn 29 Continuing Education Credits
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Gain crucial insights with this course:
- Spot and tackle third-party risks
- Master the third-party risk program
- Navigate the risk management lifecycle
- Evaluate your vendor management efficacy
- Apply due diligence and document correctly
- Secure your data and cyber-landscape
- Manage fourth-party risks effectively
- Foster Fintech relations
- Implement risk controls and methodologies
- Integrate vendor management into your overall ERM
Examiners are asking about third-party vendor management
Are you prepared to answer? You will be, after taking Nstitute's CVMP certification course.
Here's the impact that our certification program will have on your institution:
Manage Risk
Confidently navigate the vendor lifecycle with your team and take charge of 3rd party risk from pre-screening to ongoing monitoring and exit strategies.
Increase Efficiency
Automate and prioritize critical 3rd parties, ensuring your team stays focused and aligned. Get streamlined and stay ahead of the examiners.
Ensure Regulatory Compliance
Eliminate compliance concerns and address examiner-specific standards effortlessly with policy and procedure management, alerts, and reports.
Level Up Your Team
Empower your team to navigate the entire third-party risk management lifecycle by focusing on the exact needs of your institution, rather than unrelated industries.
Access Latest Regulatory Guidance
Access regulatory guidance and perspectives from the inside with exclusive resources and top-tier risk management experts who’ve experienced walking in your shoes.
*ABA Professional Certifications is dedicated to promoting the highest standards of performance and ethics within the financial services industry. The Nstitute Certified Vendor Management Professional” (NCVMP) certification has been approved for 29 credits. This statement is not an endorsement of this program or its sponsor.
Certified professionals will report these credits at aba.csod.com.
Certified Enterprise
Risk Professional
(CERP)
The recognized standard of excellence for enterprise risk professionals.
ABA Renewal requirements: 60 CE credits every 3 years
Certified Financial Marketing Professional (CFMP)
The recognized standard of excellence for bank marketing professionals.
ABA Renewal requirements: 36 CE credits every 3 years
Certified Regulatory Compliance Manager (CRCM)
The recognized standard of excellence for FI compliance professionals.
ABA Renewal requirements: 60 CE credits every 3 years
The State of GRC: How Financial Institutions Are Navigating Today’s Risk and Compliance Challenges
From operational risk to data breaches, third-party risk management has never been more important. Third-party risk remains a top examiner concern, according to Ncontracts’ latest survey of 147 FI professionals. Meanwhile, the cost of compliance continues to rise even as margins further tighten.
Frequently Asked Questions:
The amount of time to complete the certification can vary depending on learning style, etc. but we designed the program to take approximately 24 hours to complete. Approximate times are 3-5 hours of material per main section plus study and exam time.
Course content consists of videos, e-books, one pagers. All content and testing is on demand and self-paced.
Upon completion of the coursework and passing test grade for an Nstitute certification, a Nstitute Certified Vendor Management Professional (NCVMP) certification will be awarded. The certification will be effective for 2 years from the certification award date.
Upon expiration of your two-year certification period, you will need to register for the recertification course in Nstitute to maintain your certification and regain access to the NCVMP coursework. NCVMP recertification course currently retails for $1,135 for an additional two years.
You have three (3) attempts to pass each exam. As long as an exam is passed within the third attempt, there is no additional costs. Note: Our exams are designed to test on relevant and intuitive material. All students have passed the exams within 2 attempts to date.
Annual CPEs are not required to maintain the NCVMP certificate prior to recertification. One payment provides a 2-year certification with no financial or CPE obligation. The only requirement is satisfactory completion of the exams.
Once enrolled in an Nstitute certification course, you will have access to the course content in Nstitute for two years from the enrollment date.